SYN funding rate on Kraken

Funding APR
-47.80%
-0.0055% / 1h
Interval
1h
next 06:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
2
listing this pair

Over the last 30 days, SYN funding on Kraken averaged +85.0% APR and stayed positive 62.7% of the time, ranging from -4412.1% to +4470.1%. Right now it pays shorts pay longs at -47.8% APR, settled every 1h across 2 venues we track. The most reliable delta-neutral pairing for SYN right now is long Kraken / short Variational at +7.8% net APR (high risk, ~1.2d to break even).

as of 2026-06-13 05:45 UTC

SYN funding history on Krakenlast 30d

30d average
+85.00%
Range
-4412% / 4470%
% positive
62.7%
Volatility
938.9
Best delta-neutral pairing
Long Kraken / Short Variational
+7.8% net APR
Backtested (30d)
-204.3%
Stability
42%
Risk
high
Breakeven
~1.2d

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

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How SYN funding compares across venues

ExchangeFunding APR
Variational+10.95%
Kraken-47.80%

Frequently asked

What is the current SYN funding rate on Kraken?

SYN on Kraken is funding at -47.80% APR (-0.0055% every 1h), paid shorts pay longs, as of 2026-06-13 05:45 UTC.

How often does Kraken pay funding on SYN?

Every 1 hour.

How do I earn SYN funding without price risk?

Open a delta-neutral position: long Kraken and short Variational, currently 7.8% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy