# TREAD Funding Rates

As of 2026-10-03 18:47 UTC, TREAD perpetual funding averages 0.0960% per 8 hours (105.12% APR) across all 2 exchanges that list it, weighted by 24h volume (median 2.0271%). Highest: Kraken at 0.4948% per 1h (4334.16% APR). Lowest: MEXC at 0.0120% per 1h (105.12% APR). Going long on MEXC and short on Kraken collects a gross spread of 3.8621% per 8 hours (4229.04% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/tread/kraken) | [TREAD/USD:USD](https://pro.kraken.com/app/trade/futures-tread-usd-perp) | 0.4948% | 1h | 4334.16% | — |
| [MEXC](https://arbtide.com/funding-rates/tread/mexc) | [TREAD/USDT:USDT](https://www.mexc.com/futures/TREAD_USDT) | 0.0120% | 1h | 105.12% | 2026-10-03 19:00 UTC |

## Frequently asked questions

### Is the TREAD funding rate positive right now?

Yes. TREAD funding is positive on 2 of the 2 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest TREAD funding rate?

Kraken at 0.4948% per 1h (4334.16% APR). The lowest is MEXC at 0.0120% per 1h (105.12% APR).

### What is the TREAD funding arbitrage spread?

The gross spread is 3.8621% per 8 hours (4229.04% APR): long TREAD on MEXC and short on Kraken. Trading fees, slippage and price basis reduce the net return.

### How often is TREAD funding paid?

TREAD funding is paid every hour on Kraken and MEXC. Rates on this page are also shown as APR so they can be compared directly.