PENDLE funding rate on Kraken

Funding APR
-69.97%
-0.0080% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
11
listing this pair

Over the last 30 days, PENDLE funding on Kraken averaged +49.0% APR and stayed positive 54% of the time, ranging from -445.9% to +4398.5%. Right now it pays shorts pay longs at -70.0% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for PENDLE right now is long TxFlow / short Extended at +31.7% net APR (medium risk, ~3.8d to break even).

as of 2026-09-12 05:10 UTC

PENDLE funding history on Krakenlast 30d

30d average
+48.95%
Range
-446% / 4399%
% positive
54%
Volatility
279.4
Best delta-neutral pairing
Long Kraken / Short Polymarket
+65.9% net APR
Backtested (30d)
-1.7%
Stability
44.4%
Risk
low
Breakeven
~1.9d

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

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How PENDLE funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Polymarket+10.95%
Variational+10.95%
Aster+10.95%
Grvt+10.95%
Lighter+10.51%
Paradex+6.63%
dYdX+0.00%
TxFlow-26.30%
Kraken-69.97%

Frequently asked

What is the current PENDLE funding rate on Kraken?

PENDLE on Kraken is funding at -69.97% APR (-0.0080% every 1h), paid shorts pay longs, as of 2026-09-12 05:10 UTC.

How often does Kraken pay funding on PENDLE?

Every 1 hour.

How do I earn PENDLE funding without price risk?

Open a delta-neutral position: long Kraken and short Polymarket, currently 65.9% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy