# OPN Funding Rate on Kraken

As of 2026-10-06 19:44 UTC, the OPN perpetual on Kraken pays -0.0104% per 1h, -0.0834% per 8 hours (-91.28% APR), so shorts pay longs. That is the 15th highest of 15 exchanges shown, against a volume-weighted average of 0.0113% per 8 hours (12.41% APR). Over the last 7 days Kraken averaged 0.1503% per 8 hours (164.58% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/opn/toobit) | [OPN/USDT:USDT](https://www.toobit.com/en-US/futures/OPN-SWAP-USDT) | 0.0208% | 4h | 45.55% | 2026-10-06 20:00 UTC |
| [Gate](https://arbtide.com/funding-rates/opn/gate) | [OPN/USDT:USDT](https://www.gate.com/futures/USDT/OPN_USDT) | 0.0132% | 4h | 28.91% | 2026-10-06 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/opn/xt) | [OPN/USDT:USDT](https://www.xt.com/en/futures/trade/opn_usdt) | 0.0052% | 4h | 11.33% | 2026-10-06 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/opn/binance) | [OPN/USDT:USDT](https://www.binance.com/en/futures/OPNUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/opn/bybit) | [OPN/USDT:USDT](https://www.bybit.com/trade/usdt/OPNUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/opn/okx) | [OPN/USDT:USDT](https://www.okx.com/trade-swap/opn-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/opn/bitget) | [OPN/USDT:USDT](https://www.bitget.com/futures/usdt/OPNUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/opn/kucoin) | [OPN/USDT:USDT](https://www.kucoin.com/trade/futures/OPNUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/opn/mexc) | [OPN/USDT:USDT](https://www.mexc.com/futures/OPN_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/opn/bingx) | [OPN/USDT:USDT](https://bingx.com/en/perpetual/OPN-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/opn/whitebit) | [OPN/USDT:USDT](https://whitebit.com/trade/OPN-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/opn/lbank) | [OPN/USDT:USDT](https://www.lbank.com/futures/opnusdt) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/opn/weex) | [OPN/USDT:USDT](https://www.weex.com/futures/OPN-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 19:43 UTC |
| [Aster](https://arbtide.com/funding-rates/opn/aster) | [OPN/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/OPNUSDT) | 0.0050% | 4h | 10.95% | — |
| [Kraken](https://arbtide.com/funding-rates/opn/kraken) | [OPN/USD:USD](https://pro.kraken.com/app/trade/futures-opn-usd-perp) | -0.0104% | 1h | -91.28% | — |

## Frequently asked questions

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

-0.0104% per 1h, or -0.0834% per 8 hours (-91.28% APR), so shorts pay longs. The 7-day average is 0.1503% per 8 hours (164.58% APR).

### How often does Kraken pay OPN funding?

Every hour.

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

Kraken is the 15th highest of 15 exchanges shown. The highest is Toobit at 0.0208% per 4h (45.55% APR) and the lowest is LBank at 0.0050% per 4h (10.95% APR).

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

Long OPN on Kraken and short on Toobit for a gross spread of 0.1250% per 8 hours (136.84% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.