SAND funding rate on Kraken

Funding APR
-91.21%
-0.0104% / 1h
Interval
1h
next 03:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
4
listing this pair

Over the last 30 days, SAND funding on Kraken averaged -29.8% APR and stayed positive 14.8% of the time, ranging from -143.9% to +206.7%. Right now it pays shorts pay longs at -91.2% 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 +57.5% net APR (low risk, ~3.6d to break even).

as of 2026-06-14 02:21 UTC

SAND funding history on Krakenlast 30d

30d average
-29.82%
Range
-144% / 207%
% positive
14.8%
Volatility
31.8
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+57.5% net APR
Backtested (30d)
-6.2%
Stability
90.8%
Risk
low
Breakeven
~3.6d

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
Aster+10.95%
Hyperliquid-6.42%
Variational-18.98%
Kraken-91.21%

Frequently asked

What is the current SAND funding rate on Kraken?

SAND on Kraken is funding at -91.21% APR (-0.0104% every 1h), paid shorts pay longs, as of 2026-06-14 02:21 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 57.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy