SAGA funding rate on Kraken

Funding APR
-179.24%
-0.0205% / 1h
Interval
1h
next 03:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
5
listing this pair

Over the last 30 days, SAGA funding on Kraken averaged -27.7% APR and stayed positive 32.4% of the time, ranging from -4408.2% to +4494.1%. Right now it pays shorts pay longs at -179.2% APR, settled every 1h across 5 venues we track. The most reliable delta-neutral pairing for SAGA right now is long Kraken / short Hyperliquid at +166.7% net APR (medium risk, ~2.9d to break even).

as of 2026-06-13 02:49 UTC

SAGA funding history on Krakenlast 30d

30d average
-27.67%
Range
-4408% / 4494%
% positive
32.4%
Volatility
375.0
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+166.7% net APR
Backtested (30d)
-27.4%
Stability
53.2%
Risk
medium
Breakeven
~2.9d

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

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How SAGA funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
dYdX+10.95%
Variational+10.95%
Aster+10.95%
Kraken-179.24%

Frequently asked

What is the current SAGA funding rate on Kraken?

SAGA on Kraken is funding at -179.24% APR (-0.0205% every 1h), paid shorts pay longs, as of 2026-06-13 02:49 UTC.

How often does Kraken pay funding on SAGA?

Every 1 hour.

How do I earn SAGA funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 166.7% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy