# PONS Funding Rate on Kraken

As of 2026-10-06 07:47 UTC, the PONS perpetual on Kraken pays 0.0099% per 1h, 0.0794% per 8 hours (86.96% APR), so longs pay shorts. That is the 3rd highest of 23 exchanges shown, against a volume-weighted average of 0.0230% per 8 hours (25.21% APR). Over the last 7 days Kraken averaged 0.1226% per 8 hours (134.24% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Lighter](https://arbtide.com/funding-rates/pons/lighter) | [PONS/USDC:USDC](https://app.lighter.xyz/trade/PONS) | 0.2776% | 8h | 303.97% | — |
| [XT.COM](https://arbtide.com/funding-rates/pons/xt) | [PONS/USDT:USDT](https://www.xt.com/en/futures/trade/pons_usdt) | 0.0522% | 4h | 114.32% | 2026-10-06 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/pons/kraken) | [PONS/USD:USD](https://pro.kraken.com/app/trade/futures-pons-usd-perp) | 0.0099% | 1h | 86.96% | — |
| [Crypto.com](https://arbtide.com/funding-rates/pons/cryptocom) | [PONS/USD:USD](https://crypto.com/exchange/trade/PONSUSD-PERP) | 0.0049% | 1h | 42.61% | 2026-10-06 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pons/bingx) | [PONS/USDT:USDT](https://bingx.com/en/perpetual/PONS-USDT) | 0.0162% | 4h | 35.48% | — |
| [Bybit](https://arbtide.com/funding-rates/pons/bybit) | [PONS/USDT:USDT](https://www.bybit.com/trade/usdt/PONSUSDT) | 0.0157% | 4h | 34.39% | 2026-10-06 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pons/aster) | [PONS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PONSUSDT) | 0.0144% | 4h | 31.49% | — |
| [WEEX](https://arbtide.com/funding-rates/pons/weex) | [PONS/USDT:USDT](https://www.weex.com/futures/PONS-USDT) | 0.0132% | 4h | 28.98% | 2026-10-06 07:47 UTC |
| [OKX](https://arbtide.com/funding-rates/pons/okx) | [PONS/USDT:USDT](https://www.okx.com/trade-swap/pons-usdt-swap) | 0.0106% | 4h | 23.32% | 2026-10-06 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/pons/extended) | [PONS/USDC:USDC](https://app.extended.exchange/perp/PONS-USD) | 0.0021% | 1h | 18.40% | 2026-10-06 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pons/binance) | [PONS/USDT:USDT](https://www.binance.com/en/futures/PONSUSDT) | 0.0084% | 4h | 18.38% | 2026-10-06 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pons/lbank) | [PONS/USDT:USDT](https://www.lbank.com/futures/ponsusdt) | 0.0084% | 4h | 18.38% | 2026-10-06 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pons/toobit) | [PONS/USDT:USDT](https://www.toobit.com/en-US/futures/PONS-SWAP-USDT) | 0.0084% | 4h | 18.38% | 2026-10-06 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pons/mexc) | [PONS/USDT:USDT](https://www.mexc.com/futures/PONS_USDT) | 0.0083% | 4h | 18.18% | 2026-10-06 08:00 UTC |
| [Gate](https://arbtide.com/funding-rates/pons/gate) | [PONS/USDT:USDT](https://www.gate.com/futures/USDT/PONS_USDT) | 0.0061% | 4h | 13.36% | 2026-10-06 08:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/pons/deepcoin) | [PONS/USDT:USDT](https://www.deepcoin.com/en/swap/PONS-USDT) | 0.0116% | 8h | 12.70% | — |
| [Bitget](https://arbtide.com/funding-rates/pons/bitget) | [PONS/USDT:USDT](https://www.bitget.com/futures/usdt/PONSUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/pons/kucoin) | [PONS/USDT:USDT](https://www.kucoin.com/trade/futures/PONSUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 08:00 UTC |
| [HTX](https://arbtide.com/funding-rates/pons/htx) | [PONS/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PONS-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-06 08:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/pons/btse) | [PONS/USDT:USDT](https://www.btse.com/en/futures/PONS-PERP) | 0.0050% | 4h | 10.95% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/pons/hyperliquid) | [PONS/USDC:USDC](https://app.hyperliquid.xyz/trade/PONS) | 0.0013% | 1h | 10.95% | 2026-10-06 08:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/pons/pacifica) | [PONS/USDC:USDC](https://app.pacifica.fi/trade/PONS) | 0.0013% | 1h | 10.95% | 2026-10-06 08:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/pons/woofipro) | [PONS/USDC:USDC](https://pro.woofi.com/en/trade/PONS_PERP) | 0.0050% | 4h | 10.95% | 2026-10-06 08:00 UTC |

## Frequently asked questions

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

0.0099% per 1h, or 0.0794% per 8 hours (86.96% APR), so longs pay shorts. The 7-day average is 0.1226% per 8 hours (134.24% APR).

### How often does Kraken pay PONS funding?

Every hour.

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

Kraken is the 3rd highest of 23 exchanges shown. The highest is Lighter at 0.2776% per 8h (303.97% APR) and the lowest is Hyperliquid at 0.0013% per 1h (10.95% APR).

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

Long PONS on Kraken and short on Lighter for a gross spread of 0.1982% per 8 hours (217.01% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.