# HOODX Funding Rate on Kraken

As of 2026-10-07 07:40 UTC, the HOODX perpetual on Kraken pays -0.0036% per 1h, -0.0287% per 8 hours (-31.44% APR), so shorts pay longs. That is the 3rd highest of 3 exchanges shown, against a volume-weighted average of 0.0000% per 8 hours (0.01% APR). Over the last 7 days Kraken averaged -0.0071% per 8 hours (-7.75% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [HTX](https://arbtide.com/funding-rates/hoodx/htx) | [HOODX/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=HOODX-USDT&contract_type=swap&type=cross) | 0.0017% | 8h | 1.87% | 2026-10-07 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/hoodx/xt) | [HOODX/USDT:USDT](https://www.xt.com/en/futures/trade/hoodx_usdt) | 0.0000% | 8h | 0.00% | 2026-10-07 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/hoodx/kraken) | [HOODX/USD:USD](https://pro.kraken.com/app/trade/futures-hoodx-usd-perp) | -0.0036% | 1h | -31.44% | — |

## Frequently asked questions

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

-0.0036% per 1h, or -0.0287% per 8 hours (-31.44% APR), so shorts pay longs. The 7-day average is -0.0071% per 8 hours (-7.75% APR).

### How often does Kraken pay HOODX funding?

Every hour.

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

Kraken is the 3rd highest of 3 exchanges shown. The highest is HTX at 0.0017% per 8h (1.87% APR) and the lowest is Kraken at -0.0036% per 1h (-31.44% APR).

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

Long HOODX on Kraken and short on HTX for a gross spread of 0.0304% per 8 hours (33.31% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.