OP funding rate on Kraken
Over the last 30 days, OP funding on Kraken averaged -3.0% APR and stayed positive 47.4% of the time, ranging from -145.7% to +140.0%. Right now it pays longs pay shorts at +52.7% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for OP right now is long Extended / short Lighter at +1.9% net APR (high risk, ~4.5d to break even).
OP funding history on Krakenlast 30d
- Backtested (30d)
- -20.1%
- Stability
- 45.2%
- Risk
- low
- Breakeven
- ~2.2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How OP funding compares across venues
| Exchange | Funding APR |
|---|---|
| Kraken | +52.67% |
| Hyperliquid | +10.95% |
| SoDEX | +10.95% |
| Aster | +10.95% |
| Grvt | +10.95% |
| Lighter | +10.51% |
| TxFlow | +9.11% |
| Variational | +6.67% |
| Extended | +1.75% |
| dYdX | +0.00% |
Frequently asked
What is the current OP funding rate on Kraken?
OP on Kraken is funding at 52.67% APR (0.0060% every 1h), paid longs pay shorts, as of 2026-10-27 21:48 UTC.
How often does Kraken pay funding on OP?
Every 1 hour.
How do I earn OP funding without price risk?
Open a delta-neutral position: long Extended and short Kraken, currently 35.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.