# USDC Funding Rate on Kraken

As of 2026-10-05 13:20 UTC, the USDC perpetual on Kraken pays -0.0024% per 1h, -0.0190% per 8 hours (-20.81% APR), so shorts pay longs. That is the 10th highest of 10 exchanges shown, against a volume-weighted average of 0.0096% per 8 hours (10.54% APR). Over the last 7 days Kraken averaged -0.0114% per 8 hours (-12.48% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/usdc/bybit) | [USDC/USDT:USDT](https://www.bybit.com/trade/usdt/USDCUSDT) | 0.0100% | 8h | 10.95% | 2026-10-05 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/usdc/bitget) | [USDC/USDT:USDT](https://www.bitget.com/futures/usdt/USDCUSDT) | 0.0100% | 8h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/usdc/kucoin) | [USDC/USDT:USDT](https://www.kucoin.com/trade/futures/USDCUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-05 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/usdc/binance) | [USDC/USDT:USDT](https://www.binance.com/en/futures/USDCUSDT) | 0.0098% | 8h | 10.72% | 2026-10-05 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/usdc/toobit) | [USDC/USDT:USDT](https://www.toobit.com/en-US/futures/USDC-SWAP-USDT) | 0.0098% | 8h | 10.72% | 2026-10-05 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/usdc/mexc) | [USDC/USDT:USDT](https://www.mexc.com/futures/USDC_USDT) | 0.0097% | 8h | 10.62% | 2026-10-05 16:00 UTC |
| [Gate](https://arbtide.com/funding-rates/usdc/gate) | [USDC/USDT:USDT](https://www.gate.com/futures/USDT/USDC_USDT) | 0.0070% | 8h | 7.66% | 2026-10-05 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/usdc/okx) | [USDC/USDT:USDT](https://www.okx.com/trade-swap/usdc-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-05 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/usdc/weex) | [USDC/USDT:USDT](https://www.weex.com/futures/USDC-USDT) | 0.0000% | 8h | 0.00% | 2026-10-05 13:20 UTC |
| [Kraken](https://arbtide.com/funding-rates/usdc/kraken) | [USDC/USD:USD](https://pro.kraken.com/app/trade/futures-usdc-usd-perp) | -0.0024% | 1h | -20.81% | — |

## Frequently asked questions

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

-0.0024% per 1h, or -0.0190% per 8 hours (-20.81% APR), so shorts pay longs. The 7-day average is -0.0114% per 8 hours (-12.48% APR).

### How often does Kraken pay USDC funding?

Every hour.

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

Kraken is the 10th highest of 10 exchanges shown. The highest is Bybit at 0.0100% per 8h (10.95% APR) and the lowest is MEXC at 0.0097% per 8h (10.62% APR).

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

Long USDC on Kraken and short on Bybit for a gross spread of 0.0290% per 8 hours (31.76% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.