# NIGHT Funding Rate on Kraken

As of 2026-10-06 21:24 UTC, the NIGHT perpetual on Kraken pays 0.0031% per 1h, 0.0250% per 8 hours (27.36% APR), so longs pay shorts. That is the 2nd highest of 16 exchanges shown, against a volume-weighted average of 0.0125% per 8 hours (13.68% APR). Over the last 7 days Kraken averaged -0.0898% per 8 hours (-98.34% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/night/toobit) | [NIGHT/USDT:USDT](https://www.toobit.com/en-US/futures/NIGHT-SWAP-USDT) | 0.0492% | 4h | 107.71% | 2026-10-07 00:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/night/kraken) | [NIGHT/USD:USD](https://pro.kraken.com/app/trade/futures-night-usd-perp) | 0.0031% | 1h | 27.36% | — |
| [MEXC](https://arbtide.com/funding-rates/night/mexc) | [NIGHT/USDT:USDT](https://www.mexc.com/futures/NIGHT_USDT) | 0.0117% | 4h | 25.62% | 2026-10-07 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/night/bingx) | [NIGHT/USDT:USDT](https://bingx.com/en/perpetual/NIGHT-USDT) | 0.0059% | 4h | 12.92% | — |
| [XT.COM](https://arbtide.com/funding-rates/night/xt) | [NIGHT/USDT:USDT](https://www.xt.com/en/futures/trade/night_usdt) | 0.0050% | 4h | 11.01% | 2026-10-07 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/night/binance) | [NIGHT/USDT:USDT](https://www.binance.com/en/futures/NIGHTUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/night/bybit) | [NIGHT/USDT:USDT](https://www.bybit.com/trade/usdt/NIGHTUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/night/okx) | [NIGHT/USDT:USDT](https://www.okx.com/trade-swap/night-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/night/bitget) | [NIGHT/USDT:USDT](https://www.bitget.com/futures/usdt/NIGHTUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/night/gate) | [NIGHT/USDT:USDT](https://www.gate.com/futures/USDT/NIGHT_USDT) | 0.0100% | 8h | 10.95% | 2026-10-07 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/night/kucoin) | [NIGHT/USDT:USDT](https://www.kucoin.com/trade/futures/NIGHTUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/night/whitebit) | [NIGHT/USDT:USDT](https://whitebit.com/trade/NIGHT-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/night/lbank) | [NIGHT/USDT:USDT](https://www.lbank.com/futures/nightusdt) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/night/weex) | [NIGHT/USDT:USDT](https://www.weex.com/futures/NIGHT-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 21:24 UTC |
| [Aster](https://arbtide.com/funding-rates/night/aster) | [NIGHT/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/NIGHTUSDT) | 0.0050% | 4h | 10.95% | — |
| [Deepcoin](https://arbtide.com/funding-rates/night/deepcoin) | [NIGHT/USDT:USDT](https://www.deepcoin.com/en/swap/NIGHT-USDT) | -0.0050% | 8h | -5.47% | — |

## Frequently asked questions

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

0.0031% per 1h, or 0.0250% per 8 hours (27.36% APR), so longs pay shorts. The 7-day average is -0.0898% per 8 hours (-98.34% APR).

### How often does Kraken pay NIGHT funding?

Every hour.

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

Kraken is the 2nd highest of 16 exchanges shown. The highest is Toobit at 0.0492% per 4h (107.71% APR) and the lowest is Deepcoin at -0.0050% per 8h (-5.47% APR).

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

Long NIGHT on Kraken and short on Toobit for a gross spread of 0.0734% per 8 hours (80.35% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.