# METAX Funding Rate on Kraken

As of 2026-10-07 10:21 UTC, the METAX perpetual on Kraken pays -0.0013% per 1h, -0.0103% per 8 hours (-11.24% APR), so shorts pay longs. That is the 2nd highest of 2 exchanges shown, against a volume-weighted average of -0.0005% per 8 hours (-0.57% APR). Over the last 7 days Kraken averaged 0.0077% per 8 hours (8.38% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/metax/xt) | [METAX/USDT:USDT](https://www.xt.com/en/futures/trade/metax_usdt) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/metax/kraken) | [METAX/USD:USD](https://pro.kraken.com/app/trade/futures-metax-usd-perp) | -0.0013% | 1h | -11.24% | — |

## Frequently asked questions

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

-0.0013% per 1h, or -0.0103% per 8 hours (-11.24% APR), so shorts pay longs. The 7-day average is 0.0077% per 8 hours (8.38% APR).

### How often does Kraken pay METAX funding?

Every hour.

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

Kraken is the 2nd highest of 2 exchanges shown. The highest is XT.COM at 0.0000% per 8h (0.00% APR) and the lowest is Kraken at -0.0013% per 1h (-11.24% APR).

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

Long METAX on Kraken and short on XT.COM for a gross spread of 0.0103% per 8 hours (11.24% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.