# USDT Funding Rate on Kraken

As of 2026-10-07 00:35 UTC, the USDT perpetual on Kraken pays -0.0002% per 1h, -0.0017% per 8 hours (-1.90% APR), so shorts pay longs. Over the last 7 days Kraken averaged -0.0042% per 8 hours (-4.64% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/usdt/kraken) | [USDT/USD:USD](https://pro.kraken.com/app/trade/futures-usdt-usd-perp) | -0.0002% | 1h | -1.90% | — |

## Frequently asked questions

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

-0.0002% per 1h, or -0.0017% per 8 hours (-1.90% APR), so shorts pay longs. The 7-day average is -0.0042% per 8 hours (-4.64% APR).

### How often does Kraken pay USDT funding?

Every hour.