XRP funding rate on Kraken

Funding APR
-4.95%
-0.0006% / 1h
Interval
1h
next 20:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
25
listing this pair

Over the last 30 days, XRP funding on Kraken averaged +6.5% APR and stayed positive 61.7% of the time, ranging from -71.2% to +93.8%. Right now it pays shorts pay longs at -5.0% APR, settled every 1h across 25 venues we track. The most reliable delta-neutral pairing for XRP right now is long Phoenix / short Katana at +4.2% net APR (medium risk, ~4.4d to break even).

as of 2026-09-12 19:41 UTC

XRP funding history on Krakenlast 30d

30d average
+6.49%
Range
-71% / 94%
% positive
61.7%
Volatility
18.3
Best delta-neutral pairing
Long Phoenix / Short Katana
+4.2% net APR
Backtested (30d)
+9.4%
Stability
96.6%
Risk
medium
Breakeven
~4.4d

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

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How XRP funding compares across venues

ExchangeFunding APR
RiseX+17.00%
Extended+11.39%
n1xyz+11.39%
Ondo+10.95%
Pacifica+10.95%
Polymarket+10.95%
Arcus+10.95%
Grvt+10.95%
Bulk+10.95%
Katana+10.93%
Nado+10.34%
Aster+7.93%
Decibel+7.01%
Variational+6.35%
Paradex+4.58%
Hibachi+3.94%
Lighter+0.00%
Phoenix+0.00%
Hyperliquid-0.14%
dYdX-0.39%
Kraken-4.95%
Lighter RH-5.26%
TxFlow-6.55%
SoDEX-8.14%
HotStuff-8.76%

Frequently asked

What is the current XRP funding rate on Kraken?

XRP on Kraken is funding at -4.95% APR (-0.0006% every 1h), paid shorts pay longs, as of 2026-09-12 19:41 UTC.

How often does Kraken pay funding on XRP?

Every 1 hour.

How do I earn XRP funding without price risk?

Open a delta-neutral position: long Phoenix and short Katana, currently 4.2% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy