PNUT funding rate on Kraken

Funding APR
-37.85%
-0.0043% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
5
listing this pair

Over the last 30 days, PNUT funding on Kraken averaged -15.9% APR and stayed positive 27.3% of the time, ranging from -1812.8% to +4441.0%. Right now it pays shorts pay longs at -37.9% APR, settled every 1h across 5 venues we track. The most reliable delta-neutral pairing for PNUT right now is long Kraken / short Extended at +28.1% net APR (high risk, ~2.8d to break even).

as of 2026-09-12 05:32 UTC

PNUT funding history on Krakenlast 30d

30d average
-15.87%
Range
-1813% / 4441%
% positive
27.3%
Volatility
499.8
Best delta-neutral pairing
Long Kraken / Short Extended
+28.1% net APR
Backtested (30d)
+6.4%
Stability
70.9%
Risk
high
Breakeven
~2.8d

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

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How PNUT funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
Kraken-37.85%

Frequently asked

What is the current PNUT funding rate on Kraken?

PNUT on Kraken is funding at -37.85% APR (-0.0043% every 1h), paid shorts pay longs, as of 2026-09-12 05:32 UTC.

How often does Kraken pay funding on PNUT?

Every 1 hour.

How do I earn PNUT funding without price risk?

Open a delta-neutral position: long Kraken and short Extended, currently 28.1% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy