# TURBO Funding Rate on Kraken

As of 2026-10-07 11:20 UTC, the TURBO perpetual on Kraken pays -0.0190% per 1h, -0.1520% per 8 hours (-166.46% APR), so shorts pay longs. That is the 18th highest of 18 exchanges shown, against a volume-weighted average of 0.0075% per 8 hours (8.16% APR). Over the last 7 days Kraken averaged -0.0382% per 8 hours (-41.86% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/turbo/extended) | [TURBO/USDC:USDC](https://app.extended.exchange/perp/TURBO-USD) | 0.0013% | 1h | 11.39% | 2026-10-07 12:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/turbo/xt) | [1000TURBO/USDT:USDT](https://www.xt.com/en/futures/trade/1000turbo_usdt) | 0.0051% | 4h | 11.21% | 2026-10-07 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/turbo/binance) | [TURBO/USDT:USDT](https://www.binance.com/en/futures/TURBOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/turbo/bybit) | [1000TURBO/USDT:USDT](https://www.bybit.com/trade/usdt/1000TURBOUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [OKX](https://arbtide.com/funding-rates/turbo/okx) | [TURBO/USDT:USDT](https://www.okx.com/trade-swap/turbo-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/turbo/bitget) | [TURBO/USDT:USDT](https://www.bitget.com/futures/usdt/TURBOUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/turbo/gate) | [TURBO/USDT:USDT](https://www.gate.com/futures/USDT/TURBO_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/turbo/kucoin) | [TURBO/USDT:USDT](https://www.kucoin.com/trade/futures/TURBOUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/turbo/mexc) | [TURBO/USDT:USDT](https://www.mexc.com/futures/TURBO_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/turbo/bingx) | [TURBO/USDT:USDT](https://bingx.com/en/perpetual/TURBO-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/turbo/whitebit) | [TURBO/USDT:USDT](https://whitebit.com/trade/TURBO-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/turbo/lbank) | [TURBO/USDT:USDT](https://www.lbank.com/futures/turbousdt) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/turbo/toobit) | [TURBO/USDT:USDT](https://www.toobit.com/en-US/futures/TURBO-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/turbo/hyperliquid) | [TURBO/USDC:USDC](https://app.hyperliquid.xyz/trade/TURBO) | 0.0013% | 1h | 10.95% | 2026-10-07 12:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/turbo/weex) | [TURBO/USDT:USDT](https://www.weex.com/futures/TURBO-USDT) | 0.0037% | 4h | 8.10% | 2026-10-07 11:20 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/turbo/deepcoin) | [TURBO/USDT:USDT](https://www.deepcoin.com/en/swap/TURBO-USDT) | -0.0050% | 8h | -5.47% | — |
| [Aster](https://arbtide.com/funding-rates/turbo/aster) | [TURBO/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/TURBOUSDT) | -0.0072% | 4h | -15.86% | — |
| [Kraken](https://arbtide.com/funding-rates/turbo/kraken) | [TURBO/USD:USD](https://pro.kraken.com/app/trade/futures-turbo-usd-perp) | -0.0190% | 1h | -166.46% | — |

## Frequently asked questions

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

-0.0190% per 1h, or -0.1520% per 8 hours (-166.46% APR), so shorts pay longs. The 7-day average is -0.0382% per 8 hours (-41.86% APR).

### How often does Kraken pay TURBO funding?

Every hour.

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

Kraken is the 18th highest of 18 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is Deepcoin at -0.0050% per 8h (-5.47% APR).

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

Long TURBO on Kraken and short on Extended for a gross spread of 0.1624% per 8 hours (177.85% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.