SPELL funding rate on Kraken
Funding APR
-198.94%
-0.0227% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
2
listing this pair
Over the last 30 days, SPELL funding on Kraken averaged -32.9% APR and stayed positive 26.6% of the time, ranging from -4337.4% to +4446.1%. Right now it pays shorts pay longs at -198.9% APR, settled every 1h across 2 venues we track.
as of 2026-09-12 05:34 UTC
SPELL funding history on Krakenlast 30d
30d average
-32.91%
Range
-4337% / 4446%
% positive
26.6%
Volatility
588.9
Watch SPELL on Telegram
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How SPELL funding compares across venues
| Exchange | Funding APR |
|---|---|
| Variational | +10.95% |
| Kraken | -198.94% |
Frequently asked
What is the current SPELL funding rate on Kraken?
SPELL on Kraken is funding at -198.94% APR (-0.0227% every 1h), paid shorts pay longs, as of 2026-09-12 05:34 UTC.
How often does Kraken pay funding on SPELL?
Every 1 hour.
How do I earn SPELL funding without price risk?
Hedge the position on a second venue so price moves cancel out and you keep the funding payment.
Learn the strategy
Funding rate arbitrage
How the SPELL funding spread between venues turns into market-neutral yield.
Delta-neutral trading
Hedge SPELL on a second venue so price moves cancel and you keep the funding.
Perpetual futures
Why Kraken pays a funding rate on SPELL in the first place.
Trade it with AI
Open and monitor a SPELL delta-neutral position with your AI via the MCP server.