SNX funding rate on Kraken

Funding APR
-43.71%
-0.0050% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, SNX funding on Kraken averaged +19.7% APR and stayed positive 53.7% of the time, ranging from -153.3% to +764.4%. Right now it pays shorts pay longs at -43.7% APR, settled every 1h across 4 venues we track. The most reliable delta-neutral pairing for SNX right now is long Kraken / short Hyperliquid at +37.0% net APR (low risk, ~1.8d to break even).

as of 2026-09-12 05:34 UTC

SNX funding history on Krakenlast 30d

30d average
+19.72%
Range
-153% / 764%
% positive
53.7%
Volatility
90.2
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+37.0% net APR
Backtested (30d)
-28.2%
Stability
48.6%
Risk
low
Breakeven
~1.8d

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

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How SNX funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
Kraken-43.71%

Frequently asked

What is the current SNX funding rate on Kraken?

SNX on Kraken is funding at -43.71% APR (-0.0050% every 1h), paid shorts pay longs, as of 2026-09-12 05:34 UTC.

How often does Kraken pay funding on SNX?

Every 1 hour.

How do I earn SNX funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 37.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy