ArbTide

OPEN Funding Rate on Kraken

Live

Trade on KrakenHistoryAlert me

As of 2026-10-07 08:38 UTC, the OPEN perpetual on Kraken pays 0.0033% per 1h, 0.0266% per 8 hours (29.12% APR), so longs pay shorts. That is the 2nd highest of 13 exchanges shown, against a volume-weighted average of 0.0166% per 8 hours (18.14% APR). Over the last 7 days Kraken averaged -0.0434% per 8 hours (-47.52% APR).

Rate per 1h
0.0033%
Same rate per 8h
0.0266%
7-day average per 8h
-0.0434%
Rank
2 of 13

OPEN funding on Kraken, per 8h

OPEN funding on Kraken, per 8 hours, hourly, last 7 days-0.2000%0.0000%0.2000%0.4000%Oct 2 13:00Oct 3 17:45Oct 4 22:30Oct 6 03:15Oct 7 08:00HW 0.2367%LW -0.1925%0.0266%

Compare Kraken with other exchanges over 7 or 30 days

OPEN funding arbitrage with Kraken

LongKraken0.0033%/1hShortToobit0.0276%/4hFunding gap 0.0286% per 8h before fees

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

OPEN funding on every exchange

Showing 13 of 13

All OPEN funding rates Kraken funding rates

Frequently asked questions

What is the OPEN funding rate on Kraken?
0.0033% per 1h, or 0.0266% per 8 hours (29.12% APR), so longs pay shorts. The 7-day average is -0.0434% per 8 hours (-47.52% APR).
How often does Kraken pay OPEN funding?
Every hour.
Is OPEN funding on Kraken higher than on other exchanges?
Kraken is the 2nd highest of 13 exchanges shown. The highest is Toobit at 0.0276% per 4h (60.43% APR) and the lowest is LBank at 0.0050% per 4h (10.95% APR).
How do you arbitrage OPEN funding with Kraken?
Long OPEN on Kraken and short on Toobit for a gross spread of 0.0286% per 8 hours (31.31% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.