# JTO Funding Rate on Kraken

As of 2026-10-06 22:10 UTC, the JTO perpetual on Kraken pays -0.0009% per 1h, -0.0074% per 8 hours (-8.11% APR), so shorts pay longs. That is the 23rd highest of 24 exchanges shown, against a volume-weighted average of 0.0040% per 8 hours (4.37% APR). Over the last 7 days Kraken averaged -0.0153% per 8 hours (-16.79% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Backpack](https://arbtide.com/funding-rates/jto/backpack) | [JTO/USDC:USDC](https://backpack.exchange/trade/JTO_USDC_PERP) | 0.0171% | 1h | 149.94% | 2026-10-06 23:00 UTC |
| [OKX](https://arbtide.com/funding-rates/jto/okx) | [JTO/USDT:USDT](https://www.okx.com/trade-swap/jto-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/jto/bitget) | [JTO/USDT:USDT](https://www.bitget.com/futures/usdt/JTOUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/jto/gate) | [JTO/USDT:USDT](https://www.gate.com/futures/USDT/JTO_USDT) | 0.0100% | 8h | 10.95% | 2026-10-07 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/jto/kucoin) | [JTO/USDT:USDT](https://www.kucoin.com/trade/futures/JTOUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/jto/bingx) | [JTO/USDT:USDT](https://bingx.com/en/perpetual/JTO-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/jto/whitebit) | [JTO/USDT:USDT](https://whitebit.com/trade/JTO-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/jto/btse) | [JTO/USDT:USDT](https://www.btse.com/en/futures/JTO-PERP) | 0.0050% | 4h | 10.95% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/jto/hyperliquid) | [JTO/USDC:USDC](https://app.hyperliquid.xyz/trade/JTO) | 0.0013% | 1h | 10.95% | 2026-10-06 23:00 UTC |
| [Aster](https://arbtide.com/funding-rates/jto/aster) | [JTO/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/JTOUSDT) | 0.0050% | 4h | 10.95% | — |
| [Bybit](https://arbtide.com/funding-rates/jto/bybit) | [JTO/USDT:USDT](https://www.bybit.com/trade/usdt/JTOUSDT) | 0.0050% | 4h | 10.85% | 2026-10-07 00:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/jto/lighter) | [JTO/USDC:USDC](https://app.lighter.xyz/trade/JTO) | 0.0096% | 8h | 10.51% | — |
| [Paradex](https://arbtide.com/funding-rates/jto/paradex) | [JTO/USD:USDC](https://app.paradex.trade/trade/JTO-USD-PERP) | 0.0045% | 8h | 4.91% | — |
| [Bitfinex](https://arbtide.com/funding-rates/jto/bitfinex) | [JTO/USDT:USDT](https://trading.bitfinex.com/t/JTOF0:USTF0) | 0.0000% | 8h | 0.00% | — |
| [dYdX](https://arbtide.com/funding-rates/jto/dydx) | [JTO/USDC:USDC](https://dydx.trade/trade/JTO-USD) | 0.0000% | 1h | 0.00% | 2026-10-06 23:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/jto/weex) | [JTO/USDT:USDT](https://www.weex.com/futures/JTO-USDT) | -0.0007% | 4h | -1.55% | 2026-10-06 22:09 UTC |
| [Binance](https://arbtide.com/funding-rates/jto/binance) | [JTO/USDT:USDT](https://www.binance.com/en/futures/JTOUSDT) | -0.0007% | 4h | -1.62% | 2026-10-07 00:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/jto/xt) | [JTO/USDT:USDT](https://www.xt.com/en/futures/trade/jto_usdt) | -0.0007% | 4h | -1.62% | 2026-10-07 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/jto/toobit) | [JTO/USDT:USDT](https://www.toobit.com/en-US/futures/JTO-SWAP-USDT) | -0.0007% | 4h | -1.62% | 2026-10-07 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/jto/mexc) | [JTO/USDT:USDT](https://www.mexc.com/futures/JTO_USDT) | -0.0008% | 4h | -1.75% | 2026-10-07 00:00 UTC |
| [Extended](https://arbtide.com/funding-rates/jto/extended) | [JTO/USDC:USDC](https://app.extended.exchange/perp/JTO-USD) | -0.0002% | 1h | -1.75% | 2026-10-06 23:00 UTC |
| [LBank](https://arbtide.com/funding-rates/jto/lbank) | [JTO/USDT:USDT](https://www.lbank.com/futures/jtousdt) | -0.0008% | 4h | -1.79% | 2026-10-07 00:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/jto/kraken) | [JTO/USD:USD](https://pro.kraken.com/app/trade/futures-jto-usd-perp) | -0.0009% | 1h | -8.11% | — |
| [Crypto.com](https://arbtide.com/funding-rates/jto/cryptocom) | [JTO/USD:USD](https://crypto.com/exchange/trade/JTOUSD-PERP) | -0.0016% | 1h | -14.36% | 2026-10-06 23:00 UTC |

## Frequently asked questions

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

-0.0009% per 1h, or -0.0074% per 8 hours (-8.11% APR), so shorts pay longs. The 7-day average is -0.0153% per 8 hours (-16.79% APR).

### How often does Kraken pay JTO funding?

Every hour.

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

Kraken is the 23rd highest of 24 exchanges shown. The highest is Backpack at 0.0171% per 1h (149.94% APR) and the lowest is LBank at -0.0008% per 4h (-1.79% APR).

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

Long JTO on Kraken and short on Backpack for a gross spread of 0.1443% per 8 hours (158.05% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.