SAND funding rates
SAND funding is -0.1980% per 8h on Gate right now, -216.8% annualized; 11 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 BingX | 0.05681 | 0.05690 | -0.1582% | -0.0405% | -44.3% | 8h | 03:59 PM UTC |
 Aster | 0.05668 | 0.05691 | -0.4041% | -0.1586% | -173.7% | 8h | 03:59 PM UTC |
 LBank | 0.05675 | 0.05687 | -0.2110% | -0.1679% | -183.9% | 8h | 03:59 PM UTC |
 KuCoin | 0.05673 | 0.05691 | -0.3163% | -0.1722% | -188.6% | 8h | 03:59 PM UTC |
 MEXC | 0.05674 | 0.05690 | -0.2812% | -0.1856% | -203.2% | 8h | 03:59 PM UTC |
 Binance | 0.05678 | 0.05691 | -0.2362% | -0.1861% | -203.8% | 8h | 03:59 PM UTC |
 Bitget | 0.05679 | 0.05693 | -0.2450% | -0.1883% | -206.2% | 8h | 03:59 PM UTC |
 OKX | 0.05679 | 0.05691 | -0.2109% | -0.0977% | -214.0% | 4h | 11:59 AM UTC |
 Gate | 0.05677 | 0.05691 | -0.2407% | -0.1980% | -216.8% | 8h | 03:59 PM UTC |
 Hyperliquid | 0.05674 | 0.05692 | -0.3092% | -0.0249% | -217.8% | 1h | 11:59 AM UTC |
 Bybit | 0.05688 | 0.05694 | -0.1054% | -0.0603% | -528.1% | 1h | 11:59 AM UTC |
Top pairings for SAND
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Bitget spot 0.05687 | LBank spot 0.05690 | spot-spot | — | Open in scanner |
| Binance perp 0.05678 | Bybit margin 0.05690 | hedge | +0.482% | Open in scanner |
| LBank perp 0.05675 | Bybit margin 0.05690 | hedge | +0.428% | Open in scanner |
| MEXC perp 0.05674 | Bybit margin 0.05690 | hedge | +0.481% | Open in scanner |
| Aster perp 0.05668 | Bybit margin 0.05690 | hedge | +0.400% | Open in scanner |
125 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where SAND trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.