ORCA funding rate on Kraken

Funding APR
-61.91%
-0.0071% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, ORCA funding on Kraken averaged -52.3% APR and stayed positive 18.5% of the time, ranging from -1974.6% to +4390.9%. Right now it pays shorts pay longs at -61.9% APR, settled every 1h across 4 venues we track. The most reliable delta-neutral pairing for ORCA right now is long Kraken / short Aster at +5.7% net APR (medium risk, ~4.6d to break even).

as of 2026-09-12 05:32 UTC

ORCA funding history on Krakenlast 30d

30d average
-52.33%
Range
-1975% / 4391%
% positive
18.5%
Volatility
492.6
Best delta-neutral pairing
Long Kraken / Short Aster
+5.7% net APR
Backtested (30d)
-18.0%
Stability
77.1%
Risk
medium
Breakeven
~4.6d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How ORCA funding compares across venues

ExchangeFunding APR
Aster-24.46%
Extended-30.66%
Variational-32.60%
Kraken-61.91%

Frequently asked

What is the current ORCA funding rate on Kraken?

ORCA on Kraken is funding at -61.91% APR (-0.0071% every 1h), paid shorts pay longs, as of 2026-09-12 05:32 UTC.

How often does Kraken pay funding on ORCA?

Every 1 hour.

How do I earn ORCA funding without price risk?

Open a delta-neutral position: long Kraken and short Aster, currently 5.7% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy