# PEPE Funding Rate on Kraken

As of 2026-10-07 06:57 UTC, the PEPE perpetual on Kraken pays -0.0006% per 1h, -0.0045% per 8 hours (-4.94% APR), so shorts pay longs. That is the 10th highest of 28 exchanges shown, against a volume-weighted average of -0.0247% per 8 hours (-27.07% APR). Over the last 7 days Kraken averaged -0.0039% per 8 hours (-4.23% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Backpack](https://arbtide.com/funding-rates/pepe/backpack) | [KPEPE/USDC:USDC](https://backpack.exchange/trade/kPEPE_USDC_PERP) | 0.0061% | 1h | 53.50% | 2026-10-07 07:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/pepe/deepcoin) | [1000PEPE/USDT:USDT](https://www.deepcoin.com/en/swap/PEPE-USDT) | 0.0266% | 8h | 29.13% | — |
| [Crypto.com](https://arbtide.com/funding-rates/pepe/cryptocom) | [PEPE/USD:USD](https://crypto.com/exchange/trade/PEPEUSD-PERP) | 0.0018% | 1h | 16.08% | 2026-10-07 07:00 UTC |
| [HTX](https://arbtide.com/funding-rates/pepe/htx) | [PEPE/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PEPE-USDT&contract_type=swap&type=cross) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/pepe/whitebit) | [PEPE/USDT:USDT](https://whitebit.com/trade/PEPE-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-07 08:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/pepe/lighter) | [1000PEPE/USDC:USDC](https://app.lighter.xyz/trade/PEPE) | 0.0096% | 8h | 10.51% | — |
| [Pacifica](https://arbtide.com/funding-rates/pepe/pacifica) | [KPEPE/USDC:USDC](https://app.pacifica.fi/trade/kPEPE) | 0.0003% | 1h | 2.73% | 2026-10-07 07:00 UTC |
| [HitBTC](https://arbtide.com/funding-rates/pepe/hitbtc) | PEPE/USDT:USDT | 0.0000% | 8h | 0.00% | — |
| [dYdX](https://arbtide.com/funding-rates/pepe/dydx) | [PEPE/USDC:USDC](https://dydx.trade/trade/PEPE-USD) | 0.0000% | 1h | 0.00% | 2026-10-07 07:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/pepe/kraken) | [PEPE/USD:USD](https://pro.kraken.com/app/trade/futures-pepe-usd-perp) | -0.0006% | 1h | -4.94% | — |
| [Bitfinex](https://arbtide.com/funding-rates/pepe/bitfinex) | [PEPE/USDT:USDT](https://trading.bitfinex.com/t/PEPEF0:USTF0) | -0.0053% | 8h | -5.85% | — |
| [Paradex](https://arbtide.com/funding-rates/pepe/paradex) | [KPEPE/USD:USDC](https://app.paradex.trade/trade/kPEPE-USD-PERP) | -0.0080% | 8h | -8.74% | — |
| [BingX](https://arbtide.com/funding-rates/pepe/bingx) | [1000PEPE/USDT:USDT](https://bingx.com/en/perpetual/PEPE-USDT) | -0.0145% | 8h | -15.88% | — |
| [Gate](https://arbtide.com/funding-rates/pepe/gate) | [PEPE/USDT:USDT](https://www.gate.com/futures/USDT/PEPE_USDT) | -0.0170% | 8h | -18.62% | 2026-10-07 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/pepe/kucoin) | [PEPE/USDT:USDT](https://www.kucoin.com/trade/futures/PEPEUSDTM) | -0.0180% | 8h | -19.71% | 2026-10-07 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pepe/bybit) | [1000PEPE/USDT:USDT](https://www.bybit.com/trade/usdt/1000PEPEUSDT) | -0.0182% | 8h | -19.94% | 2026-10-07 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/pepe/okx) | [PEPE/USDT:USDT](https://www.okx.com/trade-swap/pepe-usdt-swap) | -0.0187% | 8h | -20.46% | 2026-10-07 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pepe/aster) | [1000PEPE/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PEPEUSDT) | -0.0196% | 8h | -21.51% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/pepe/woofipro) | [1000PEPE/USDC:USDC](https://pro.woofi.com/en/trade/PEPE_PERP) | -0.0214% | 8h | -23.43% | 2026-10-07 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pepe/weex) | [1000PEPE/USDT:USDT](https://www.weex.com/futures/PEPE-USDT) | -0.0245% | 8h | -26.86% | 2026-10-07 06:57 UTC |
| [Toobit](https://arbtide.com/funding-rates/pepe/toobit) | [1000PEPE/USDT:USDT](https://www.toobit.com/en-US/futures/1000PEPE-SWAP-USDT) | -0.0267% | 8h | -29.20% | 2026-10-07 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/pepe/bitget) | [PEPE/USDT:USDT](https://www.bitget.com/futures/usdt/PEPEUSDT) | -0.0277% | 8h | -30.33% | — |
| [DigiFinex](https://arbtide.com/funding-rates/pepe/digifinex) | [PEPE/USDT:USDT](https://www.digifinex.com/en-ww/swap/PEPEUSDTPERP) | -0.0320% | 8h | -35.04% | 2026-10-07 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pepe/lbank) | [PEPE/USDT:USDT](https://www.lbank.com/futures/pepeusdt) | -0.0342% | 8h | -37.45% | 2026-10-07 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/pepe/extended) | [1000PEPE/USDC:USDC](https://app.extended.exchange/perp/1000PEPE-USD) | -0.0043% | 1h | -37.67% | 2026-10-07 07:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pepe/mexc) | [PEPE/USDT:USDT](https://www.mexc.com/futures/PEPE_USDT) | -0.0346% | 8h | -37.89% | 2026-10-07 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pepe/binance) | [1000PEPE/USDT:USDT](https://www.binance.com/en/futures/1000PEPEUSDT) | -0.0347% | 8h | -37.96% | 2026-10-07 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/pepe/xt) | [1000PEPE/USDT:USDT](https://www.xt.com/en/futures/trade/1000pepe_usdt) | -0.0354% | 8h | -38.76% | 2026-10-07 08:00 UTC |

## Frequently asked questions

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

-0.0006% per 1h, or -0.0045% per 8 hours (-4.94% APR), so shorts pay longs. The 7-day average is -0.0039% per 8 hours (-4.23% APR).

### How often does Kraken pay PEPE funding?

Every hour.

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

Kraken is the 10th highest of 28 exchanges shown. The highest is Backpack at 0.0061% per 1h (53.50% APR) and the lowest is XT.COM at -0.0354% per 8h (-38.76% APR).

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

Long PEPE on Kraken and short on Backpack for a gross spread of 0.0534% per 8 hours (58.44% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.