# MNT Funding Rate on Kraken

As of 2026-10-05 20:57 UTC, the MNT perpetual on Kraken pays -0.0190% per 1h, -0.1518% per 8 hours (-166.20% APR), so shorts pay longs. That is the 12th highest of 12 exchanges shown, against a volume-weighted average of 0.0147% per 8 hours (16.12% APR). Over the last 7 days Kraken averaged 0.3365% per 8 hours (368.51% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/mnt/xt) | [MNT/USDT:USDT](https://www.xt.com/en/futures/trade/mnt_usdt) | 0.0377% | 8h | 41.28% | 2026-10-06 00:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/mnt/hyperliquid) | [MNT/USDC:USDC](https://app.hyperliquid.xyz/trade/MNT) | 0.0014% | 1h | 11.98% | 2026-10-05 21:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/mnt/bybit) | [MNT/USDT:USDT](https://www.bybit.com/trade/usdt/MNTUSDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [Gate](https://arbtide.com/funding-rates/mnt/gate) | [MNT/USDT:USDT](https://www.gate.com/futures/USDT/MNT_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/mnt/mexc) | [MNT/USDT:USDT](https://www.mexc.com/futures/MNT_USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/mnt/bingx) | [MNT/USDT:USDT](https://bingx.com/en/perpetual/MNT-USDT) | 0.0100% | 8h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/mnt/lbank) | [MNT/USDT:USDT](https://www.lbank.com/futures/mntusdt) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/mnt/backpack) | [MNT/USDC:USDC](https://backpack.exchange/trade/MNT_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-05 21:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/mnt/woofipro) | [MNT/USDC:USDC](https://pro.woofi.com/en/trade/MNT_PERP) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/mnt/lighter) | [MNT/USDC:USDC](https://app.lighter.xyz/trade/MNT) | 0.0096% | 8h | 10.51% | — |
| [WEEX](https://arbtide.com/funding-rates/mnt/weex) | [MNT/USDT:USDT](https://www.weex.com/futures/MNT-USDT) | -0.0027% | 8h | -2.96% | 2026-10-05 20:57 UTC |
| [Kraken](https://arbtide.com/funding-rates/mnt/kraken) | [MNT/USD:USD](https://pro.kraken.com/app/trade/futures-mnt-usd-perp) | -0.0190% | 1h | -166.20% | — |

## Frequently asked questions

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

-0.0190% per 1h, or -0.1518% per 8 hours (-166.20% APR), so shorts pay longs. The 7-day average is 0.3365% per 8 hours (368.51% APR).

### How often does Kraken pay MNT funding?

Every hour.

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

Kraken is the 12th highest of 12 exchanges shown. The highest is XT.COM at 0.0377% per 8h (41.28% APR) and the lowest is WEEX at -0.0027% per 8h (-2.96% APR).

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

Long MNT on Kraken and short on XT.COM for a gross spread of 0.1895% per 8 hours (207.48% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.