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C98 Funding Rate on Kraken

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As of 2026-10-07 14:34 UTC, the C98 perpetual on Kraken pays -0.0135% per 1h, -0.1081% per 8 hours (-118.37% APR), so shorts pay longs. That is the 13th highest of 13 exchanges shown, against a volume-weighted average of -0.0030% per 8 hours (-3.28% APR). Over the last 7 days Kraken averaged 0.0189% per 8 hours (20.66% APR).

Rate per 1h
-0.0135%
Same rate per 8h
-0.1081%
7-day average per 8h
0.0189%
Rank
13 of 13

C98 funding on Kraken, per 8h

C98 funding on Kraken, per 8 hours, hourly, last 7 days-0.6000%-0.4000%-0.2000%0.0000%0.2000%Oct 2Oct 3Oct 5Oct 6Oct 7HW 0.1795%LW -0.4284%-0.1085%

Compare Kraken with other exchanges over 7 or 30 days

C98 funding arbitrage with Kraken

LongKraken-0.0135%/1hShortBybit0.0100%/8hFunding gap 0.1181% per 8h before fees

The widest pairing for Kraken is long C98 on Kraken and short on Bybit. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

C98 funding on every exchange

  • Bybit
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • Bitget
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • Gate
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • WhiteBIT
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • BTSE
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Data
    Live

  • WEEX
    10.95%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    0.0100%
    Interval
    8h
    Next funding
    2026-10-07 14:34 UTC
    Data
    Live

  • Binance
    -5.09%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0046%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • XT.COM
    -5.09%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0046%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • Toobit
    -5.09%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0046%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • MEXC
    -5.15%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0047%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • LBank
    -5.15%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0047%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • KuCoin
    -28.91%
    APR
    Market
    C98/USDT:USDT
    Funding rate
    -0.0264%
    Interval
    8h
    Next funding
    2026-10-07 16:00 UTC
    Data
    Live

  • Kraken
    -118.37%
    APR
    Market
    C98/USD:USD
    Funding rate
    -0.0135%
    Interval
    1h
    Data
    Live

Showing 13 of 13

All C98 funding rates Kraken funding rates

Frequently asked questions

What is the C98 funding rate on Kraken?
-0.0135% per 1h, or -0.1081% per 8 hours (-118.37% APR), so shorts pay longs. The 7-day average is 0.0189% per 8 hours (20.66% APR).
How often does Kraken pay C98 funding?
Every hour.
Is C98 funding on Kraken higher than on other exchanges?
Kraken is the 13th highest of 13 exchanges shown. The highest is Bybit at 0.0100% per 8h (10.95% APR) and the lowest is KuCoin at -0.0264% per 8h (-28.91% APR).
How do you arbitrage C98 funding with Kraken?
Long C98 on Kraken and short on Bybit for a gross spread of 0.1181% per 8 hours (129.32% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.