SAND funding rates
SAND perpetual funding is currently quoted across 4 venues, ranging from -133.2% to +10.9% APR. The most reliable delta-neutral pairing for SAND right now is long Kraken / short Variational at +120.3% net APR (low risk, ~1.4d to break even).
as of 2026-06-13 00:19 UTC
Best delta-neutral pairing
Long Kraken / Short Variational
+120.3% net APR
- Backtested (30d)
- +0.0%
- Stability
- 92.2%
- Risk
- low
- Breakeven
- ~1.4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeSAND funding by exchange
| Exchange | Funding APR |
|---|---|
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| Kraken | -133.17% |
Frequently asked
What is the SAND funding rate right now?
SAND perpetual funding ranges from -133.17% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Kraken / short Variational at 120.3% net APR.
Which exchange has the highest SAND funding rate?
Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.