# C98 Funding Rate on Kraken

As of 2026-10-06 09:32 UTC, the C98 perpetual on Kraken pays 0.0157% per 1h, 0.1260% per 8 hours (137.96% APR), so longs pay shorts. That is the 1st highest of 13 exchanges shown, against a volume-weighted average of 0.0092% per 8 hours (10.04% APR). Over the last 7 days Kraken averaged 0.0915% per 8 hours (100.24% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/c98/kraken) | [C98/USD:USD](https://pro.kraken.com/app/trade/futures-c98-usd-perp) | 0.0157% | 1h | 137.96% | — |
| [Bybit](https://arbtide.com/funding-rates/c98/bybit) | [C98/USDT:USDT](https://www.bybit.com/trade/usdt/C98USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/c98/bitget) | [C98/USDT:USDT](https://www.bitget.com/futures/usdt/C98USDT) | 0.0100% | 8h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/c98/gate) | [C98/USDT:USDT](https://www.gate.com/futures/USDT/C98_USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/c98/kucoin) | [C98/USDT:USDT](https://www.kucoin.com/trade/futures/C98USDTM) | 0.0100% | 8h | 10.95% | 2026-10-06 16:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/c98/whitebit) | [C98/USDT:USDT](https://whitebit.com/trade/C98-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-06 16:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/c98/btse) | [C98/USDT:USDT](https://www.btse.com/en/futures/C98-PERP) | 0.0100% | 8h | 10.95% | — |
| [XT.COM](https://arbtide.com/funding-rates/c98/xt) | [C98/USDT:USDT](https://www.xt.com/en/futures/trade/c98_usdt) | 0.0091% | 8h | 9.91% | 2026-10-06 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/c98/binance) | [C98/USDT:USDT](https://www.binance.com/en/futures/C98USDT) | 0.0090% | 8h | 9.86% | 2026-10-06 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/c98/toobit) | [C98/USDT:USDT](https://www.toobit.com/en-US/futures/C98-SWAP-USDT) | 0.0090% | 8h | 9.86% | 2026-10-06 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/c98/mexc) | [C98/USDT:USDT](https://www.mexc.com/futures/C98_USDT) | 0.0087% | 8h | 9.53% | 2026-10-06 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/c98/lbank) | [C98/USDT:USDT](https://www.lbank.com/futures/c98usdt) | 0.0085% | 8h | 9.31% | 2026-10-06 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/c98/weex) | [C98/USDT:USDT](https://www.weex.com/futures/C98-USDT) | 0.0050% | 8h | 5.49% | 2026-10-06 09:32 UTC |

## Frequently asked questions

### What is the C98 funding rate on Kraken?

0.0157% per 1h, or 0.1260% per 8 hours (137.96% APR), so longs pay shorts. The 7-day average is 0.0915% per 8 hours (100.24% APR).

### How often does Kraken pay C98 funding?

Every hour.

### Is C98 funding on Kraken higher than on other exchanges?

Kraken is the 1st highest of 13 exchanges shown. The highest is Bybit at 0.0100% per 8h (10.95% APR) and the lowest is WEEX at 0.0050% per 8h (5.49% APR).

### How do you arbitrage C98 funding with Kraken?

Long C98 on WEEX and short on Kraken for a gross spread of 0.1210% per 8 hours (132.47% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.