SAND funding rate on Kraken

Funding APR
-41.68%
-0.0048% / 1h
Interval
1h
next 11:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, SAND funding on Kraken averaged -11.3% APR and stayed positive 36.6% of the time, ranging from -141.0% to +178.4%. Right now it pays shorts pay longs at -41.7% APR, settled every 1h across 4 venues we track. The most reliable delta-neutral pairing for SAND right now is long Kraken / short Hyperliquid at +28.3% net APR (low risk, ~2.8d to break even).

as of 2026-07-29 10:48 UTC

SAND funding history on Krakenlast 30d

30d average
-11.25%
Range
-141% / 178%
% positive
36.6%
Volatility
45.1
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+28.3% net APR
Backtested (30d)
-10.7%
Stability
59.8%
Risk
low
Breakeven
~2.8d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SAND funding compares across venues

ExchangeFunding APR
Hyperliquid+3.81%
Variational-18.17%
Aster-33.85%
Kraken-41.68%

Frequently asked

What is the current SAND funding rate on Kraken?

SAND on Kraken is funding at -41.68% APR (-0.0048% every 1h), paid shorts pay longs, as of 2026-07-29 10:48 UTC.

How often does Kraken pay funding on SAND?

Every 1 hour.

How do I earn SAND funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 28.3% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy