# SAND Funding Rate on Kraken

As of 2026-10-06 01:06 UTC, the SAND perpetual on Kraken pays -0.0345% per 1h, -0.2761% per 8 hours (-302.33% APR), so shorts pay longs. That is the 22nd highest of 22 exchanges shown, against a volume-weighted average of -0.1282% per 8 hours (-140.34% APR). Over the last 7 days Kraken averaged -0.4574% per 8 hours (-500.88% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/sand/xt) | [SAND/USDT:USDT](https://www.xt.com/en/futures/trade/sand_usdt) | 0.0150% | 1h | 131.40% | 2026-10-06 02:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/sand/bybit) | [SAND/USDT:USDT](https://www.bybit.com/trade/usdt/SANDUSDT) | 0.0013% | 1h | 10.95% | 2026-10-06 02:00 UTC |
| [HitBTC](https://arbtide.com/funding-rates/sand/hitbtc) | SAND/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-06 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/sand/hyperliquid) | [SAND/USDC:USDC](https://app.hyperliquid.xyz/trade/SAND) | 0.0013% | 1h | 10.95% | 2026-10-06 02:00 UTC |
| [BingX](https://arbtide.com/funding-rates/sand/bingx) | [SAND/USDT:USDT](https://bingx.com/en/perpetual/SAND-USDT) | 0.0012% | 8h | 1.31% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/sand/whitebit) | [SAND/USDT:USDT](https://whitebit.com/trade/SAND-PERP?type=futures) | -0.0237% | 8h | -25.97% | 2026-10-06 08:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/sand/cryptocom) | [SAND/USD:USD](https://crypto.com/exchange/trade/SANDUSD-PERP) | -0.0055% | 1h | -48.50% | 2026-10-06 02:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/sand/deepcoin) | [SAND/USDT:USDT](https://www.deepcoin.com/en/swap/SAND-USDT) | -0.0776% | 8h | -84.97% | — |
| [Gate](https://arbtide.com/funding-rates/sand/gate) | [SAND/USDT:USDT](https://www.gate.com/futures/USDT/SAND_USDT) | -0.1003% | 8h | -109.83% | 2026-10-06 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/sand/aster) | [SAND/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SANDUSDT) | -0.1009% | 8h | -110.52% | — |
| [BTSE](https://arbtide.com/funding-rates/sand/btse) | [SAND/USDT:USDT](https://www.btse.com/en/futures/SAND-PERP) | -0.1269% | 8h | -138.92% | — |
| [KuCoin](https://arbtide.com/funding-rates/sand/kucoin) | [SAND/USDT:USDT](https://www.kucoin.com/trade/futures/SANDUSDTM) | -0.1390% | 8h | -152.20% | 2026-10-06 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/sand/okx) | [SAND/USDT:USDT](https://www.okx.com/trade-swap/sand-usdt-swap) | -0.0731% | 4h | -160.20% | 2026-10-06 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/sand/bitget) | [SAND/USDT:USDT](https://www.bitget.com/futures/usdt/SANDUSDT) | -0.1552% | 8h | -169.94% | — |
| [MEXC](https://arbtide.com/funding-rates/sand/mexc) | [SAND/USDT:USDT](https://www.mexc.com/futures/SAND_USDT) | -0.1581% | 8h | -173.12% | 2026-10-06 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sand/binance) | [SAND/USDT:USDT](https://www.binance.com/en/futures/SANDUSDT) | -0.1581% | 8h | -173.12% | 2026-10-06 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/sand/lbank) | [SAND/USDT:USDT](https://www.lbank.com/futures/sandusdt) | -0.1581% | 8h | -173.12% | 2026-10-06 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/sand/toobit) | [SAND/USDT:USDT](https://www.toobit.com/en-US/futures/SAND-SWAP-USDT) | -0.1581% | 8h | -173.12% | 2026-10-06 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/sand/extended) | [SAND/USDC:USDC](https://app.extended.exchange/perp/SAND-USD) | -0.0198% | 1h | -173.45% | 2026-10-06 02:00 UTC |
| [Bitfinex](https://arbtide.com/funding-rates/sand/bitfinex) | [SAND/USDT:USDT](https://trading.bitfinex.com/t/SANDF0:USTF0) | -0.1685% | 8h | -184.48% | — |
| [WEEX](https://arbtide.com/funding-rates/sand/weex) | [SAND/USDT:USDT](https://www.weex.com/futures/SAND-USDT) | -0.1699% | 8h | -185.99% | 2026-10-06 01:06 UTC |
| [Kraken](https://arbtide.com/funding-rates/sand/kraken) | [SAND/USD:USD](https://pro.kraken.com/app/trade/futures-sand-usd-perp) | -0.0345% | 1h | -302.33% | — |

## Frequently asked questions

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

-0.0345% per 1h, or -0.2761% per 8 hours (-302.33% APR), so shorts pay longs. The 7-day average is -0.4574% per 8 hours (-500.88% APR).

### How often does Kraken pay SAND funding?

Every hour.

### Is SAND funding on Kraken higher than on other exchanges?

Kraken is the 22nd highest of 22 exchanges shown. The highest is XT.COM at 0.0150% per 1h (131.40% APR) and the lowest is Kraken at -0.0345% per 1h (-302.33% APR).

### How do you arbitrage SAND funding with Kraken?

Long SAND on Kraken and short on XT.COM for a gross spread of 0.3961% per 8 hours (433.73% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.