SAND funding rates
SAND perpetual funding is currently quoted across 5 venues, ranging from -30.7% to +9.8% APR. The most reliable delta-neutral pairing for SAND right now is long Variational / short Hyperliquid at +26.6% net APR (high risk, ~3d to break even).
as of 2026-10-28 05:41 UTC
Best delta-neutral pairing
Long Variational / Short Hyperliquid
+26.6% net APR
- Backtested (30d)
- +36.6%
- Stability
- 64.4%
- Risk
- high
- Breakeven
- ~3d
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 | +9.75% |
| Variational | -26.34% |
| Kraken | -26.39% |
| Aster | -27.58% |
| Extended | -30.66% |
Frequently asked
What is the SAND funding rate right now?
SAND perpetual funding ranges from -30.66% to 9.75% APR across 5 exchanges we track; the widest delta-neutral spread is long Variational / short Hyperliquid at 26.6% net APR.
Which exchange has the highest SAND funding rate?
Hyperliquid currently has the highest at 9.75% APR. See the full ranking above.