OP funding rate on Kraken
Over the last 30 days, OP funding on Kraken averaged -18.4% APR and stayed positive 25.4% of the time, ranging from -173.3% to +104.0%. Right now it pays shorts pay longs at -28.7% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for OP right now is long Kraken / short Aster at +19.6% net APR (low risk, ~5.8d to break even).
OP funding history on Krakenlast 30d
- Backtested (30d)
- +8.3%
- Stability
- 89.1%
- Risk
- low
- Breakeven
- ~5.8d
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 |
|---|---|
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Aster | +10.95% |
| dYdX | +0.00% |
| Lighter | +0.00% |
| Grvt | -2.30% |
| Paradex | -3.10% |
| EdgeX | -10.95% |
| Variational | -22.20% |
| Kraken | -28.68% |
Frequently asked
What is the current OP funding rate on Kraken?
OP on Kraken is funding at -28.68% APR (-0.0033% every 1h), paid shorts pay longs, as of 2026-06-12 21:11 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 Kraken and short Aster, currently 19.6% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.