# SAGA Funding Rate on Kraken

As of 2026-10-06 19:53 UTC, the SAGA perpetual on Kraken pays -0.0034% per 1h, -0.0269% per 8 hours (-29.43% APR), so shorts pay longs. That is the 16th highest of 16 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.98% APR). Over the last 7 days Kraken averaged 0.0385% per 8 hours (42.11% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/saga/extended) | [SAGA/USDC:USDC](https://app.extended.exchange/perp/SAGA-USD) | 0.0013% | 1h | 11.39% | 2026-10-06 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/saga/xt) | [SAGA/USDT:USDT](https://www.xt.com/en/futures/trade/saga_usdt) | 0.0051% | 4h | 11.23% | 2026-10-06 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/saga/binance) | [SAGA/USDT:USDT](https://www.binance.com/en/futures/SAGAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/saga/bybit) | [SAGA/USDT:USDT](https://www.bybit.com/trade/usdt/SAGAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Gate](https://arbtide.com/funding-rates/saga/gate) | [SAGA/USDT:USDT](https://www.gate.com/futures/USDT/SAGA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/saga/kucoin) | [SAGA/USDT:USDT](https://www.kucoin.com/trade/futures/SAGAUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/saga/mexc) | [SAGA/USDT:USDT](https://www.mexc.com/futures/SAGA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/saga/bingx) | [SAGA/USDT:USDT](https://bingx.com/en/perpetual/SAGA-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/saga/whitebit) | [SAGA/USDT:USDT](https://whitebit.com/trade/SAGA-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/saga/btse) | [SAGA/USDT:USDT](https://www.btse.com/en/futures/SAGA-PERP) | 0.0050% | 4h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/saga/lbank) | [SAGA/USDT:USDT](https://www.lbank.com/futures/sagausdt) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/saga/weex) | [SAGA/USDT:USDT](https://www.weex.com/futures/SAGA-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 19:53 UTC |
| [Toobit](https://arbtide.com/funding-rates/saga/toobit) | [SAGA/USDT:USDT](https://www.toobit.com/en-US/futures/SAGA-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/saga/hyperliquid) | [SAGA/USDC:USDC](https://app.hyperliquid.xyz/trade/SAGA) | 0.0013% | 1h | 10.95% | 2026-10-06 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/saga/aster) | [SAGA/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SAGAUSDT) | 0.0050% | 4h | 10.95% | — |
| [Kraken](https://arbtide.com/funding-rates/saga/kraken) | [SAGA/USD:USD](https://pro.kraken.com/app/trade/futures-saga-usd-perp) | -0.0034% | 1h | -29.43% | — |

## Frequently asked questions

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

-0.0034% per 1h, or -0.0269% per 8 hours (-29.43% APR), so shorts pay longs. The 7-day average is 0.0385% per 8 hours (42.11% APR).

### How often does Kraken pay SAGA funding?

Every hour.

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

Kraken is the 16th highest of 16 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is Hyperliquid at 0.0013% per 1h (10.95% APR).

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

Long SAGA on Kraken and short on Extended for a gross spread of 0.0373% per 8 hours (40.82% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.