# Bybit vs Kraken Funding Rates: 167 Coins Compared

As of 2026-10-03 13:16 UTC, Bybit and Kraken share 167 liquid perpetual markets. Bybit has the higher funding rate on 96 of them (57%), and the average gap is 0.0452% per 8 hours (49.45% APR). The widest gap is SAND at 0.2982% per 8 hours (326.57% APR): short on Kraken and long on Bybit.

| Coin | Bybit per 8h | Kraken per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [SAND](https://arbtide.com/funding-rates/sand) | -0.8945% | -0.5963% | 0.2982% | Short Kraken, long Bybit |
| [ARC](https://arbtide.com/funding-rates/arc) | 0.1785% | -0.1040% | 0.2825% | Short Bybit, long Kraken |
| [CFG](https://arbtide.com/funding-rates/cfg) | 0.0100% | 0.2404% | 0.2304% | Short Kraken, long Bybit |
| [PONS](https://arbtide.com/funding-rates/pons) | 0.0100% | 0.1936% | 0.1836% | Short Kraken, long Bybit |
| [SAGA](https://arbtide.com/funding-rates/saga) | 0.0100% | -0.1733% | 0.1833% | Short Bybit, long Kraken |
| [IOTX](https://arbtide.com/funding-rates/iotx) | 0.0100% | 0.1877% | 0.1777% | Short Kraken, long Bybit |
| [BAT](https://arbtide.com/funding-rates/bat) | 0.0046% | -0.1663% | 0.1709% | Short Bybit, long Kraken |
| [SPK](https://arbtide.com/funding-rates/spk) | 0.0100% | 0.1712% | 0.1612% | Short Kraken, long Bybit |
| [COOKIE](https://arbtide.com/funding-rates/cookie) | 0.0100% | -0.1327% | 0.1427% | Short Bybit, long Kraken |
| [SOON](https://arbtide.com/funding-rates/soon) | 0.0100% | 0.1404% | 0.1304% | Short Kraken, long Bybit |
| [NOT](https://arbtide.com/funding-rates/not) | 0.0100% | 0.1372% | 0.1272% | Short Kraken, long Bybit |
| [POPCAT](https://arbtide.com/funding-rates/popcat) | 0.0100% | 0.1370% | 0.1270% | Short Kraken, long Bybit |
| [GOAT](https://arbtide.com/funding-rates/goat) | 0.0100% | 0.1367% | 0.1267% | Short Kraken, long Bybit |
| [TURBO](https://arbtide.com/funding-rates/turbo) | 0.0100% | -0.1165% | 0.1265% | Short Bybit, long Kraken |
| [QTUM](https://arbtide.com/funding-rates/qtum) | 0.0100% | -0.1131% | 0.1231% | Short Bybit, long Kraken |
| [MANA](https://arbtide.com/funding-rates/mana) | 0.0100% | -0.1128% | 0.1228% | Short Bybit, long Kraken |
| [STX](https://arbtide.com/funding-rates/stx) | 0.0100% | -0.1113% | 0.1213% | Short Bybit, long Kraken |
| [LPT](https://arbtide.com/funding-rates/lpt) | 0.0100% | -0.1095% | 0.1195% | Short Bybit, long Kraken |
| [CHILLGUY](https://arbtide.com/funding-rates/chillguy) | 0.0100% | 0.1262% | 0.1162% | Short Kraken, long Bybit |
| [FLOW](https://arbtide.com/funding-rates/flow) | 0.0100% | -0.1056% | 0.1156% | Short Bybit, long Kraken |
| [C98](https://arbtide.com/funding-rates/c98) | 0.0100% | 0.1228% | 0.1128% | Short Kraken, long Bybit |
| [SNX](https://arbtide.com/funding-rates/snx) | 0.0100% | -0.0892% | 0.0992% | Short Bybit, long Kraken |
| [USUAL](https://arbtide.com/funding-rates/usual) | 0.0100% | 0.0999% | 0.0899% | Short Kraken, long Bybit |
| [SAMSUNG](https://arbtide.com/funding-rates/samsung) | 0.0000% | 0.0891% | 0.0891% | Short Kraken, long Bybit |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | -0.0790% | 0.0890% | Short Bybit, long Kraken |
| [GRASS](https://arbtide.com/funding-rates/grass) | 0.0100% | 0.0967% | 0.0867% | Short Kraken, long Bybit |
| [CATI](https://arbtide.com/funding-rates/cati) | 0.0100% | 0.0966% | 0.0866% | Short Kraken, long Bybit |
| [BOME](https://arbtide.com/funding-rates/bome) | 0.0100% | 0.0953% | 0.0853% | Short Kraken, long Bybit |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | -0.0737% | 0.0837% | Short Bybit, long Kraken |
| [ZEN](https://arbtide.com/funding-rates/zen) | 0.0041% | -0.0724% | 0.0765% | Short Bybit, long Kraken |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | -0.0656% | 0.0756% | Short Bybit, long Kraken |
| [MOG](https://arbtide.com/funding-rates/mog) | 0.0822% | 0.0073% | 0.0749% | Short Bybit, long Kraken |
| [BRETT](https://arbtide.com/funding-rates/brett) | 0.0100% | 0.0771% | 0.0671% | Short Kraken, long Bybit |
| [DYDX](https://arbtide.com/funding-rates/dydx) | 0.0100% | -0.0570% | 0.0670% | Short Bybit, long Kraken |
| [NBIS](https://arbtide.com/funding-rates/nbis) | 0.0000% | 0.0654% | 0.0654% | Short Kraken, long Bybit |
| [OPEN](https://arbtide.com/funding-rates/open) | 0.0100% | -0.0548% | 0.0648% | Short Bybit, long Kraken |
| [AGLD](https://arbtide.com/funding-rates/agld) | 0.0100% | -0.0540% | 0.0640% | Short Bybit, long Kraken |
| [ACE](https://arbtide.com/funding-rates/ace) | 0.0100% | -0.0497% | 0.0597% | Short Bybit, long Kraken |
| [CVX](https://arbtide.com/funding-rates/cvx) | 0.0100% | 0.0688% | 0.0588% | Short Kraken, long Bybit |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0687% | 0.0587% | Short Kraken, long Bybit |
| [SYRUP](https://arbtide.com/funding-rates/syrup) | 0.0100% | 0.0682% | 0.0582% | Short Kraken, long Bybit |
| [KAS](https://arbtide.com/funding-rates/kas) | 0.0100% | -0.0472% | 0.0572% | Short Bybit, long Kraken |
| [PNUT](https://arbtide.com/funding-rates/pnut) | 0.0100% | -0.0456% | 0.0556% | Short Bybit, long Kraken |
| [MOVR](https://arbtide.com/funding-rates/movr) | -0.0934% | -0.1481% | 0.0548% | Short Bybit, long Kraken |
| [OP](https://arbtide.com/funding-rates/op) | -0.0001% | 0.0546% | 0.0548% | Short Kraken, long Bybit |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0100% | 0.0644% | 0.0544% | Short Kraken, long Bybit |
| [RIVER](https://arbtide.com/funding-rates/river) | 0.0100% | 0.0627% | 0.0527% | Short Kraken, long Bybit |
| [COMP](https://arbtide.com/funding-rates/comp) | 0.0100% | -0.0423% | 0.0523% | Short Bybit, long Kraken |
| [MNT](https://arbtide.com/funding-rates/mnt) | -0.0211% | 0.0304% | 0.0515% | Short Kraken, long Bybit |
| [CRO](https://arbtide.com/funding-rates/cro) | 0.0100% | 0.0612% | 0.0512% | Short Kraken, long Bybit |
| [OPN](https://arbtide.com/funding-rates/opn) | 0.0100% | -0.0369% | 0.0469% | Short Bybit, long Kraken |
| [ZBT](https://arbtide.com/funding-rates/zbt) | 0.0100% | -0.0360% | 0.0460% | Short Bybit, long Kraken |
| [ONT](https://arbtide.com/funding-rates/ont) | -0.0050% | -0.0505% | 0.0454% | Short Bybit, long Kraken |
| [IMX](https://arbtide.com/funding-rates/imx) | 0.0100% | -0.0353% | 0.0453% | Short Bybit, long Kraken |
| [DASH](https://arbtide.com/funding-rates/dash) | 0.0100% | -0.0339% | 0.0439% | Short Bybit, long Kraken |
| [EIGEN](https://arbtide.com/funding-rates/eigen) | 0.0100% | -0.0334% | 0.0434% | Short Bybit, long Kraken |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0100% | 0.0534% | 0.0434% | Short Kraken, long Bybit |
| [SUPER](https://arbtide.com/funding-rates/super) | 0.0921% | 0.1354% | 0.0434% | Short Kraken, long Bybit |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0054% | -0.0377% | 0.0431% | Short Bybit, long Kraken |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | -0.0323% | 0.0423% | Short Bybit, long Kraken |
| [MUBARAK](https://arbtide.com/funding-rates/mubarak) | 0.0101% | 0.0522% | 0.0422% | Short Kraken, long Bybit |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0100% | -0.0314% | 0.0414% | Short Bybit, long Kraken |
| [KAIA](https://arbtide.com/funding-rates/kaia) | 0.0100% | -0.0309% | 0.0409% | Short Bybit, long Kraken |
| [BICO](https://arbtide.com/funding-rates/bico) | 0.0100% | 0.0502% | 0.0402% | Short Kraken, long Bybit |
| [RENDER](https://arbtide.com/funding-rates/render) | 0.0100% | -0.0300% | 0.0400% | Short Bybit, long Kraken |
| [1INCH](https://arbtide.com/funding-rates/1inch) | 0.0100% | 0.0491% | 0.0391% | Short Kraken, long Bybit |
| [ATOM](https://arbtide.com/funding-rates/atom) | 0.0084% | -0.0296% | 0.0380% | Short Bybit, long Kraken |
| [USDC](https://arbtide.com/funding-rates/usdc) | 0.0100% | -0.0270% | 0.0370% | Short Bybit, long Kraken |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | -0.0267% | 0.0367% | Short Bybit, long Kraken |
| [BIO](https://arbtide.com/funding-rates/bio) | 0.0100% | -0.0260% | 0.0360% | Short Bybit, long Kraken |
| [ENS](https://arbtide.com/funding-rates/ens) | 0.0007% | -0.0349% | 0.0356% | Short Bybit, long Kraken |
| [ETC](https://arbtide.com/funding-rates/etc) | 0.0006% | -0.0344% | 0.0351% | Short Bybit, long Kraken |
| [GRT](https://arbtide.com/funding-rates/grt) | 0.0100% | -0.0248% | 0.0348% | Short Bybit, long Kraken |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0444% | 0.0344% | Short Kraken, long Bybit |
| [GPS](https://arbtide.com/funding-rates/gps) | 0.0100% | -0.0244% | 0.0344% | Short Bybit, long Kraken |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0100% | -0.0243% | 0.0343% | Short Bybit, long Kraken |
| [PEOPLE](https://arbtide.com/funding-rates/people) | 0.0100% | -0.0231% | 0.0331% | Short Bybit, long Kraken |
| [KAVA](https://arbtide.com/funding-rates/kava) | -0.0096% | 0.0229% | 0.0325% | Short Kraken, long Bybit |
| [CAKE](https://arbtide.com/funding-rates/cake) | 0.0100% | -0.0225% | 0.0325% | Short Bybit, long Kraken |
| [RUNE](https://arbtide.com/funding-rates/rune) | -0.0171% | -0.0487% | 0.0317% | Short Bybit, long Kraken |
| [PIXEL](https://arbtide.com/funding-rates/pixel) | 0.0100% | -0.0209% | 0.0309% | Short Bybit, long Kraken |
| [INTC](https://arbtide.com/funding-rates/intc) | 0.0000% | 0.0306% | 0.0306% | Short Kraken, long Bybit |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0100% | -0.0205% | 0.0305% | Short Bybit, long Kraken |
| [WIF](https://arbtide.com/funding-rates/wif) | -0.0226% | 0.0054% | 0.0280% | Short Kraken, long Bybit |
| [SSV](https://arbtide.com/funding-rates/ssv) | -0.0202% | -0.0455% | 0.0254% | Short Bybit, long Kraken |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0026% | -0.0222% | 0.0248% | Short Bybit, long Kraken |
| [MU](https://arbtide.com/funding-rates/mu) | 0.0000% | -0.0247% | 0.0247% | Short Bybit, long Kraken |
| [QNT](https://arbtide.com/funding-rates/qnt) | -0.0264% | -0.0508% | 0.0244% | Short Bybit, long Kraken |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0078% | -0.0318% | 0.0240% | Short Bybit, long Kraken |
| [ALICE](https://arbtide.com/funding-rates/alice) | 0.0100% | 0.0337% | 0.0237% | Short Kraken, long Bybit |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0051% | -0.0168% | 0.0219% | Short Bybit, long Kraken |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | -0.0115% | 0.0215% | Short Bybit, long Kraken |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0313% | 0.0213% | Short Kraken, long Bybit |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0130% | 0.0079% | 0.0209% | Short Kraken, long Bybit |
| [ICP](https://arbtide.com/funding-rates/icp) | -0.0007% | -0.0213% | 0.0207% | Short Bybit, long Kraken |
| [CFX](https://arbtide.com/funding-rates/cfx) | 0.0100% | 0.0301% | 0.0201% | Short Kraken, long Bybit |
| [PORTAL](https://arbtide.com/funding-rates/portal) | 0.0100% | -0.0101% | 0.0201% | Short Bybit, long Kraken |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0080% | -0.0113% | 0.0193% | Short Bybit, long Kraken |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | -0.0093% | 0.0193% | Short Bybit, long Kraken |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0292% | 0.0192% | Short Kraken, long Bybit |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0292% | 0.0192% | Short Kraken, long Bybit |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0100% | -0.0089% | 0.0189% | Short Bybit, long Kraken |
| [POL](https://arbtide.com/funding-rates/pol) | 0.0100% | -0.0086% | 0.0186% | Short Bybit, long Kraken |
| [INJ](https://arbtide.com/funding-rates/inj) | 0.0006% | -0.0180% | 0.0186% | Short Bybit, long Kraken |
| [TRB](https://arbtide.com/funding-rates/trb) | 0.0100% | -0.0074% | 0.0174% | Short Bybit, long Kraken |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | -0.0073% | 0.0173% | Short Bybit, long Kraken |
| [EGLD](https://arbtide.com/funding-rates/egld) | 0.0100% | -0.0072% | 0.0172% | Short Bybit, long Kraken |
| [LUNA2](https://arbtide.com/funding-rates/luna2) | 0.0100% | 0.0263% | 0.0163% | Short Kraken, long Bybit |
| [AXS](https://arbtide.com/funding-rates/axs) | 0.0054% | -0.0107% | 0.0161% | Short Bybit, long Kraken |
| [CHZ](https://arbtide.com/funding-rates/chz) | 0.0014% | -0.0147% | 0.0161% | Short Bybit, long Kraken |
| [XAG](https://arbtide.com/funding-rates/xag) | 0.0000% | 0.0161% | 0.0161% | Short Kraken, long Bybit |
| [ETHFI](https://arbtide.com/funding-rates/ethfi) | 0.0052% | -0.0106% | 0.0159% | Short Bybit, long Kraken |
| [XPL](https://arbtide.com/funding-rates/xpl) | -0.0247% | -0.0405% | 0.0158% | Short Bybit, long Kraken |
| [MELANIA](https://arbtide.com/funding-rates/melania) | 0.0100% | 0.0256% | 0.0156% | Short Kraken, long Bybit |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0052% | -0.0102% | 0.0155% | Short Bybit, long Kraken |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | -0.0054% | 0.0154% | Short Bybit, long Kraken |
| [SNDK](https://arbtide.com/funding-rates/sndk) | 0.0000% | 0.0153% | 0.0153% | Short Kraken, long Bybit |
| [NIGHT](https://arbtide.com/funding-rates/night) | 0.0100% | -0.0051% | 0.0151% | Short Bybit, long Kraken |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0250% | 0.0150% | Short Kraken, long Bybit |
| [ROSE](https://arbtide.com/funding-rates/rose) | 0.0100% | -0.0044% | 0.0144% | Short Bybit, long Kraken |
| [HBAR](https://arbtide.com/funding-rates/hbar) | 0.0008% | -0.0132% | 0.0140% | Short Bybit, long Kraken |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0100% | -0.0035% | 0.0135% | Short Bybit, long Kraken |
| [JASMY](https://arbtide.com/funding-rates/jasmy) | 0.0100% | -0.0035% | 0.0135% | Short Bybit, long Kraken |
| [FIL](https://arbtide.com/funding-rates/fil) | -0.0064% | -0.0193% | 0.0128% | Short Bybit, long Kraken |
| [XTZ](https://arbtide.com/funding-rates/xtz) | -0.0082% | -0.0208% | 0.0126% | Short Bybit, long Kraken |
| [SOXS](https://arbtide.com/funding-rates/soxs) | 0.0000% | 0.0125% | 0.0125% | Short Kraken, long Bybit |
| [MORPHO](https://arbtide.com/funding-rates/morpho) | 0.0100% | -0.0014% | 0.0114% | Short Bybit, long Kraken |
| [XAU](https://arbtide.com/funding-rates/xau) | 0.0000% | -0.0109% | 0.0109% | Short Bybit, long Kraken |
| [BCH](https://arbtide.com/funding-rates/bch) | 0.0100% | -0.0008% | 0.0108% | Short Bybit, long Kraken |
| [MOODENG](https://arbtide.com/funding-rates/moodeng) | 0.0100% | 0.0206% | 0.0106% | Short Kraken, long Bybit |
| [SPX](https://arbtide.com/funding-rates/spx) | 0.0100% | -0.0003% | 0.0103% | Short Bybit, long Kraken |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0078% | -0.0024% | 0.0101% | Short Bybit, long Kraken |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0194% | 0.0094% | Short Kraken, long Bybit |
| [DEXE](https://arbtide.com/funding-rates/dexe) | 0.0100% | 0.0178% | 0.0078% | Short Kraken, long Bybit |
| [APE](https://arbtide.com/funding-rates/ape) | 0.0100% | 0.0022% | 0.0078% | Short Bybit, long Kraken |
| [TRUMP](https://arbtide.com/funding-rates/trump) | -0.0242% | -0.0168% | 0.0073% | Short Kraken, long Bybit |
| [YFI](https://arbtide.com/funding-rates/yfi) | 0.0100% | 0.0173% | 0.0073% | Short Kraken, long Bybit |
| [ENA](https://arbtide.com/funding-rates/ena) | -0.0004% | 0.0067% | 0.0070% | Short Kraken, long Bybit |
| [XLM](https://arbtide.com/funding-rates/xlm) | -0.0106% | -0.0172% | 0.0065% | Short Bybit, long Kraken |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0013% | 0.0050% | 0.0063% | Short Kraken, long Bybit |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0100% | 0.0163% | 0.0063% | Short Kraken, long Bybit |
| [LINK](https://arbtide.com/funding-rates/link) | -0.0006% | 0.0054% | 0.0060% | Short Kraken, long Bybit |
| [SUSHI](https://arbtide.com/funding-rates/sushi) | -0.0006% | 0.0050% | 0.0056% | Short Kraken, long Bybit |
| [XAUT](https://arbtide.com/funding-rates/xaut) | 0.0026% | -0.0028% | 0.0053% | Short Bybit, long Kraken |
| [TLM](https://arbtide.com/funding-rates/tlm) | 0.0100% | 0.0150% | 0.0050% | Short Kraken, long Bybit |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0051% | 0.0049% | Short Bybit, long Kraken |
| [SKHY](https://arbtide.com/funding-rates/skhy) | 0.0000% | 0.0049% | 0.0049% | Short Kraken, long Bybit |
| [PENGU](https://arbtide.com/funding-rates/pengu) | 0.0007% | 0.0054% | 0.0046% | Short Kraken, long Bybit |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0032% | 0.0074% | 0.0043% | Short Kraken, long Bybit |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0139% | 0.0039% | Short Kraken, long Bybit |
| [DOGE](https://arbtide.com/funding-rates/doge) | -0.0086% | -0.0123% | 0.0037% | Short Bybit, long Kraken |
| [LQTY](https://arbtide.com/funding-rates/lqty) | 0.0100% | 0.0133% | 0.0033% | Short Kraken, long Bybit |
| [ETH](https://arbtide.com/funding-rates/eth) | -0.0011% | -0.0043% | 0.0032% | Short Bybit, long Kraken |
| [BB](https://arbtide.com/funding-rates/bb) | 0.0100% | 0.0072% | 0.0028% | Short Bybit, long Kraken |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0127% | 0.0027% | Short Kraken, long Bybit |
| [RSR](https://arbtide.com/funding-rates/rsr) | 0.0100% | 0.0075% | 0.0025% | Short Bybit, long Kraken |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0100% | 0.0124% | 0.0024% | Short Kraken, long Bybit |
| [MEW](https://arbtide.com/funding-rates/mew) | 0.0100% | 0.0082% | 0.0018% | Short Bybit, long Kraken |
| [BNB](https://arbtide.com/funding-rates/bnb) | -0.0084% | -0.0069% | 0.0015% | Short Kraken, long Bybit |
| [W](https://arbtide.com/funding-rates/w) | 0.0100% | 0.0088% | 0.0012% | Short Bybit, long Kraken |
| [ZK](https://arbtide.com/funding-rates/zk) | 0.0100% | 0.0112% | 0.0012% | Short Kraken, long Bybit |
| [ORDI](https://arbtide.com/funding-rates/ordi) | 0.0100% | 0.0111% | 0.0011% | Short Kraken, long Bybit |
| [FLOKI](https://arbtide.com/funding-rates/floki) | 0.0100% | 0.0091% | 0.0009% | Short Bybit, long Kraken |
| [BTC](https://arbtide.com/funding-rates/btc) | -0.0043% | -0.0034% | 0.0008% | Short Kraken, long Bybit |
| [SOXL](https://arbtide.com/funding-rates/soxl) | 0.0000% | 0.0006% | 0.0006% | Short Kraken, long Bybit |
| [GALA](https://arbtide.com/funding-rates/gala) | 0.0100% | 0.0094% | 0.0006% | Short Bybit, long Kraken |
| [ALGO](https://arbtide.com/funding-rates/algo) | 0.0100% | 0.0104% | 0.0004% | Short Kraken, long Bybit |

## Frequently asked questions

### Which has higher funding rates, Bybit or Kraken?

Right now Bybit has the higher funding rate on 96 of 167 shared coins.

### How often do Bybit and Kraken pay funding?

On shared markets, Bybit pays every 1, 4, and 8 hours and Kraken every 1 hours, depending on the contract. Rates on this page are annualized so they compare directly.

### Can I arbitrage funding between Bybit and Kraken?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is SAND at 0.2982% per 8 hours (326.57% APR) before fees.
