# BICO Funding Rate on Kraken

As of 2026-10-05 22:51 UTC, the BICO perpetual on Kraken pays -0.0092% per 1h, -0.0738% per 8 hours (-80.80% APR), so shorts pay longs. That is the 14th highest of 14 exchanges shown, against a volume-weighted average of 0.0098% per 8 hours (10.69% APR). Over the last 7 days Kraken averaged 0.0390% per 8 hours (42.75% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Gate](https://arbtide.com/funding-rates/bico/gate) | [BICO/USDT:USDT](https://www.gate.com/futures/USDT/BICO_USDT) | 0.0213% | 8h | 23.32% | 2026-10-06 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/bico/binance) | [BICO/USDT:USDT](https://www.binance.com/en/futures/BICOUSDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/bico/bybit) | [BICO/USDT:USDT](https://www.bybit.com/trade/usdt/BICOUSDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/bico/okx) | [BICO/USDT:USDT](https://www.okx.com/trade-swap/bico-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/bico/bitget) | [BICO/USDT:USDT](https://www.bitget.com/futures/usdt/BICOUSDT) | 0.0100% | 8h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/bico/kucoin) | [BICO/USDT:USDT](https://www.kucoin.com/trade/futures/BICOUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/bico/mexc) | [BICO/USDT:USDT](https://www.mexc.com/futures/BICO_USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/bico/whitebit) | [BICO/USDT:USDT](https://whitebit.com/trade/BICO-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/bico/xt) | [BICO/USDT:USDT](https://www.xt.com/en/futures/trade/bico_usdt) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/bico/weex) | [BICO/USDT:USDT](https://www.weex.com/futures/BICO-USDT) | 0.0100% | 8h | 10.95% | 2026-10-05 22:51 UTC |
| [Toobit](https://arbtide.com/funding-rates/bico/toobit) | [BICO/USDT:USDT](https://www.toobit.com/en-US/futures/BICO-SWAP-USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [Aster](https://arbtide.com/funding-rates/bico/aster) | [BICO/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/BICOUSDT) | 0.0100% | 8h | 10.95% | — |
| [BingX](https://arbtide.com/funding-rates/bico/bingx) | [BICO/USDT:USDT](https://bingx.com/en/perpetual/BICO-USDT) | 0.0070% | 8h | 7.66% | — |
| [Kraken](https://arbtide.com/funding-rates/bico/kraken) | [BICO/USD:USD](https://pro.kraken.com/app/trade/futures-bico-usd-perp) | -0.0092% | 1h | -80.80% | — |

## Frequently asked questions

### What is the BICO funding rate on Kraken?

-0.0092% per 1h, or -0.0738% per 8 hours (-80.80% APR), so shorts pay longs. The 7-day average is 0.0390% per 8 hours (42.75% APR).

### How often does Kraken pay BICO funding?

Every hour.

### Is BICO funding on Kraken higher than on other exchanges?

Kraken is the 14th highest of 14 exchanges shown. The highest is Gate at 0.0213% per 8h (23.32% APR) and the lowest is BingX at 0.0070% per 8h (7.66% APR).

### How do you arbitrage BICO funding with Kraken?

Long BICO on Kraken and short on Gate for a gross spread of 0.0951% per 8 hours (104.12% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.