# GBP Funding Rate on Kraken

As of 2026-10-06 16:34 UTC, the GBP perpetual on Kraken pays 0.0000% per 1h, 0.0000% per 8 hours (0.00% APR), so neither side pays. That is the 5th highest of 6 exchanges shown, against a volume-weighted average of 0.0197% per 8 hours (21.55% APR). Over the last 7 days Kraken averaged 0.0000% per 8 hours (0.00% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/gbp/mexc) | [GBP/USDT:USDT](https://www.mexc.com/futures/GBP_USDT) | 0.0107% | 4h | 23.43% | 2026-10-06 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/gbp/lbank) | [GBP/USDT:USDT](https://www.lbank.com/futures/gbpusdt) | 0.0107% | 4h | 23.43% | 2026-10-06 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/gbp/xt) | [GBP/USDT:USDT](https://www.xt.com/en/futures/trade/gbp_usdt) | 0.0098% | 4h | 21.47% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/gbp/weex) | [GBP/USDT:USDT](https://www.weex.com/futures/GBP-USDT) | 0.0061% | 4h | 13.33% | 2026-10-06 16:34 UTC |
| [Kraken](https://arbtide.com/funding-rates/gbp/kraken) | [GBP/USD:USD](https://pro.kraken.com/app/trade/futures-gbp-usd-perp) | 0.0000% | 1h | 0.00% | — |
| [Bitfinex](https://arbtide.com/funding-rates/gbp/bitfinex) | [GBP/USDT:USDT](https://trading.bitfinex.com/t/GBPF0:USTF0) | -0.2500% | 8h | -273.75% | — |

## Frequently asked questions

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

0.0000% per 1h, or 0.0000% per 8 hours (0.00% APR), so neither side pays. The 7-day average is 0.0000% per 8 hours (0.00% APR).

### How often does Kraken pay GBP funding?

Every hour.

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

Kraken is the 5th highest of 6 exchanges shown. The highest is MEXC at 0.0107% per 4h (23.43% APR) and the lowest is XT.COM at 0.0098% per 4h (21.47% APR).

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

Long GBP on Kraken and short on MEXC for a gross spread of 0.0214% per 8 hours (23.43% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.