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SAND funding rate across exchanges
On an 8-hour basis, Gate is lowest (-0.0467%) and Bybit is highest (-0.0220%). All 5 exchanges are negative: shorts pay longs.
Next settlement in 00:00. Mark price about 0.05039 USDT. When the rate is positive, longs pay and shorts receive; negative is the reverse. Each payment = position value × rate.
10,000 USDT long held 24h, fees included: Gate is cheapest, about 4.01 USDT received, 8.42 less than Bybit. Cheapest short: Bybit. Trade on Gate
Live Updated · refreshed every 2 minutes
| Exchange | Current rate | Interval | Per 8h | APR | Next | 7d settled | 30d settled | 24h volume | Max lev. | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0467% | 8h | -0.0467%per 8h | -51.1% | 00:00 | -4.587%21x | -10.587% | $1.5M | 75x | Trade on Gate | |
| -0.0224% | 4h | -0.0448%per 8h | -49.1% | 00:00 | -5.050%42x | -12.236%* | $12.0M | 50x | Trade on OKX | |
| -0.0413% | 8h | -0.0413%per 8h | -45.2% | 00:00 | -4.740%21x | -10.940% | $1.4M | 20x | Trade on Bitget | |
| -0.0408% | 8h | -0.0408%per 8h | -44.6% | 00:00 | -4.655%21x | -10.346% | $28.4M | — | Trade on Binance | |
| -0.0220% | 8h | -0.0220%per 8h | -24.1% | 00:00 | -5.371%* | -13.417%* | $9.7M | 75x | Trade on Bybit |
"Current rate" is the rate expected at the next settlement and can still move. "Settled" sums actual past settlements; * marks an incomplete record (missing periods or too short), so it is only a partial sum and not comparable; "pending" means the settlement that just happened has not been collected yet, so totals run to the previous period. Intervals differ, so compare the per-8h column.
Cumulative funding, last 30 days
Each settled rate added up over time. A rising line means longs paid more over the 30 days; a falling line means longs were paid. Lines break where records are missing, and a single period with gaps on both sides shows as a dot; a break does not mean no funding was charged.
Cost of holding 10,000 USDT for 24 hours
Long
Gate Trade on Gate-4.01 U3 settlements · funding -14.01 · fees 10.00
OKX-3.45 U6 settlements · funding -13.45 · fees 10.00
Binance-2.23 U3 settlements · funding -12.23 · fees 10.00
Bitget-0.39 U3 settlements · funding -12.39 · fees 12.00
Bybit4.41 U3 settlements · funding -6.59 · fees 11.00
Short
Bybit Trade on Bybit17.59 U3 settlements · funding 6.59 · fees 11.00Binance22.23 U3 settlements · funding 12.23 · fees 10.00
OKX23.45 U6 settlements · funding 13.45 · fees 10.00
Gate24.01 U3 settlements · funding 14.01 · fees 10.00
Bitget24.39 U3 settlements · funding 12.39 · fees 12.00
Assumes the current rate stays the same; fees are standard taker fees for opening and closing. Positive means you pay, negative means you receive.Use your own amount and holding time →
FAQ
What is the SAND funding rate right now?
Current period: Binance -0.0408% (every 8h); OKX -0.0224% (every 4h); Bybit -0.0220% (every 8h); Bitget -0.0413% (every 8h); Gate -0.0467% (every 8h).
Which exchange has the lowest SAND funding rate?
Converted to an 8-hour basis and among exchanges with meaningful volume, Gate is lowest (-0.0467%) and Bybit is highest (-0.0220%). When the rate is positive longs pay and shorts receive; when it is negative it is the other way round. So longs save where the rate is lower, and shorts receive more (or pay less) where it is higher.
How often is SAND funding settled?
Binance every 8h; OKX every 4h; Bybit every 8h; Bitget every 8h; Gate every 8h. Intervals differ, so compare rates over the same holding time.
How much SAND funding was actually paid in the last 7 days?
Sum of settled rates over 7 days: OKX -5.050%; Bitget -4.740%; Binance -4.655%; Gate -4.587%. Only exchanges with a complete 7-day record are listed. Positive means longs paid that share of position value; negative means longs received it.