SAND perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-02 23:43 UTC
SAND is quoted on 7 contracts. The highest funding rate is on Binance at -784.62% annualised, quoted per 8h, and the lowest is on Hyperliquid at -1902.38% — a gap of 1117.77 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BinanceCentralisedSANDUSDT | -0.7165%8h | -784.62% | — no history yet |
75x | 809.4M | |
| GateCentralisedSAND_USDT | -0.7224%8h | -791.03% | — no history yet |
75x | 31.3M | |
| AsterOn-chainSANDUSDT | -0.7318%8h | -801.34% | — no history yet |
10x | 3.3M | |
| BitgetCentralisedSANDUSDT | -0.7648%8h | -837.46% | — no history yet |
10x | 50.5M | |
| OKXCentralisedSAND-USDT-SWAP | -0.5465%4h | -1196.88% | — no history yet |
50x | 336.8M | |
| BybitCentralisedSANDUSDT | -0.1793%1h | -1570.64% | — no history yet |
75x | 206.5M | |
| HyperliquidOn-chainSAND | -0.2172%1h | -1902.38% | — no history yet |
5x | 49.6M |
Common questions
Which exchanges list SAND perpetual futures?
SAND trades as 7 perpetual contracts across 7 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid and OKX. The busiest is Binance, with $809.4M of 24h turnover — 54% of the total.
Where is SAND funding cheapest right now?
For a long, the most favourable collected rate is -1902.38% annualised on Hyperliquid; for a short, it is -784.62% on Binance — a gap of 1117.77 points. Every venue collected has shorts paying right now.
How much funding does a 10,000 USDT SAND position pay per day?
At current rates a 10,000 USDT long pays about -214.96 USDT a day on Binance and -521.20 USDT on Hyperliquid. A negative figure means the long is paid.
How often does SAND funding settle?
It depends on the venue: Bybit and Hyperliquid every 1h; OKX every 4h; Aster, Binance, Bitget and Gate every 8h.
What is the highest leverage available on SAND?
The highest collected cap is 75x, on Binance, Bybit and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 50x.
SAND comparison scope and payment direction
Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
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Margin ladders
Binance · SANDUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 75.00x | — |
| 2 | 5000 – 10000 quote | 1.5000% | 50.00x | 25 |
| 3 | 10000 – 50000 quote | 2.0000% | 25.00x | 75 |
| 4 | 50000 – 100000 quote | 2.5000% | 20.00x | 325 |
| 5 | 100000 – 175000 quote | 3.3300% | 15.00x | 1155 |
| 6 | 175000 – 250000 quote | 5.0000% | 10.00x | 4077.5 |
| 7 | 250000 – 750000 quote | 10.0000% | 5.00x | 16577.5 |
| 8 | 750000 – 1500000 quote | 12.5000% | 4.00x | 35327.5 |
| 9 | 1500000 – 4500000 quote | 16.6700% | 3.00x | 97877.5 |
| 10 | 4500000 – 7500000 quote | 25.0000% | 2.00x | 472727.5 |
| 11 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 2347727.5 |
Gate · SAND_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 0.5000% | 75.00x | — |
| 2 | 10000 – 20000 quote | 1.0000% | 60.00x | 50 |
| 3 | 20000 – 30000 quote | 1.2000% | 50.00x | 90 |
| 4 | 30000 – 50000 quote | 1.5000% | 40.00x | 180 |
| 5 | 50000 – 70000 quote | 1.8000% | 35.00x | 330 |
| 6 | 70000 – 100000 quote | 2.0000% | 30.00x | 470 |
| 7 | 100000 – 200000 quote | 2.5000% | 25.00x | 970 |
| 8 | 200000 – 300000 quote | 3.5000% | 20.00x | 2970 |
| 9 | 300000 – 500000 quote | 4.0000% | 16.00x | 4470 |
| 10 | 500000 – 700000 quote | 5.0000% | 12.00x | 9470 |
| 11 | 700000 – 1000000 quote | 6.0000% | 10.00x | 16470 |
| 12 | 1000000 – 1500000 quote | 8.0000% | 8.00x | 36470 |
| 13 | 1500000 – 2000000 quote | 10.0000% | 5.00x | 66470 |
| 14 | 2000000 – 3000000 quote | 15.0000% | 4.00x | 166470 |
| 15 | 3000000 – 5000000 quote | 20.0000% | 3.00x | 316470 |
| 16 | 5000000 – 7000000 quote | 30.0000% | 2.00x | 816470 |
| 17 | 7000000 – 10000000 quote | 40.0000% | 1.80x | 1516470 |
| 18 | 10000000 – 15000000 quote | 50.0000% | 1.50x | 2516470 |
| 19 | 15000000 – 20000000 quote | 60.0000% | 1.20x | 4016470 |
| 20 | 20000000 – ∞ quote | 80.0000% | 1.05x | 8016470 |
Aster · SANDUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 5.0000% | 10.00x | — |
| 2 | 500000 – 1000000 quote | 10.0000% | 5.00x | 25000 |
| 3 | 1000000 – 2500000 quote | 12.5000% | 4.00x | 50000 |
| 4 | 2500000 – 5000000 quote | 16.6700% | 3.00x | 154250 |
| 5 | 5000000 – 10000000 quote | 25.0000% | 2.00x | 570750 |
| 6 | 10000000 – 1000000000 quote | 50.0000% | 1.00x | 3070750 |
Bitget · SANDUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 5.0000% | 10.00x | — |
| 2 | 10000 – 50000 quote | 6.2500% | 8.00x | — |
| 3 | 50000 – 100000 quote | 10.0000% | 5.00x | — |
| 4 | 100000 – 200000 quote | 12.5000% | 4.00x | — |
| 5 | 200000 – 500000 quote | 16.6600% | 3.00x | — |
| 6 | 500000 – 2000000 quote | 25.0000% | 2.00x | — |
| 7 | 2000000 – ∞ quote | 50.0000% | 1.00x | — |
OKX · SAND-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 130000 base | 1.0000% | 50.00x | — |
| 2 | 130010 – 260000 base | 1.5000% | 40.00x | — |
| 3 | 260010 – 520000 base | 3.0000% | 20.00x | — |
| 4 | 520010 – 1040000 base | 3.5000% | 18.18x | — |
| 5 | 1040010 – 1560000 base | 4.0000% | 16.66x | — |
| 6 | 1560010 – 2080000 base | 4.5000% | 15.38x | — |
| 7 | 2080010 – 2600000 base | 5.0000% | 14.28x | — |
| 8 | 2600010 – 3120000 base | 5.5000% | 13.33x | — |
| 9 | 3120010 – 3640000 base | 6.0000% | 12.50x | — |
| 10 | 3640010 – 4160000 base | 6.5000% | 11.76x | — |
| 11 | 4160010 – 4680000 base | 7.0000% | 11.11x | — |
| 12 | 4680010 – 5200000 base | 7.5000% | 10.52x | — |
| 13 | 5200010 – 5720000 base | 8.0000% | 10.00x | — |
| 14 | 5720010 – 6240000 base | 8.5000% | 9.52x | — |
| 15 | 6240010 – 6760000 base | 9.0000% | 9.09x | — |
| 16 | 6760010 – 7280000 base | 9.5000% | 8.69x | — |
| 17 | 7280010 – 7800000 base | 10.0000% | 8.33x | — |
| 18 | 7800010 – 8320000 base | 10.5000% | 8.00x | — |
| 19 | 8320010 – 8840000 base | 11.0000% | 7.69x | — |
| 20 | 8840010 – 9360000 base | 11.5000% | 7.40x | — |
| 21 | 9360010 – 9880000 base | 12.0000% | 7.14x | — |
| 22 | 9880010 – 10400000 base | 12.5000% | 6.89x | — |
| 23 | 10400010 – 10920000 base | 13.0000% | 6.66x | — |
| 24 | 10920010 – 11440000 base | 13.5000% | 6.45x | — |
| 25 | 11440010 – 11960000 base | 14.0000% | 6.25x | — |
| 26 | 11960010 – 12480000 base | 14.5000% | 6.06x | — |
| 27 | 12480010 – 13000000 base | 15.0000% | 5.88x | — |
| 28 | 13000010 – 13520000 base | 15.5000% | 5.71x | — |
| 29 | 13520010 – 14040000 base | 16.0000% | 5.55x | — |
| 30 | 14040010 – 14560000 base | 16.5000% | 5.40x | — |
| 31 | 14560010 – 15080000 base | 17.0000% | 5.26x | — |
| 32 | 15080010 – 15600000 base | 17.5000% | 5.12x | — |
| 33 | 15600010 – 16120000 base | 18.0000% | 5.00x | — |
| 34 | 16120010 – 16640000 base | 18.5000% | 4.87x | — |
| 35 | 16640010 – 17160000 base | 19.0000% | 4.76x | — |
| 36 | 17160010 – 17680000 base | 19.5000% | 4.65x | — |
| 37 | 17680010 – 18200000 base | 20.0000% | 4.54x | — |
| 38 | 18200010 – 18720000 base | 20.5000% | 4.44x | — |
| 39 | 18720010 – 19240000 base | 21.0000% | 4.34x | — |
| 40 | 19240010 – 19760000 base | 21.5000% | 4.25x | — |
| 41 | 19760010 – 20280000 base | 22.0000% | 4.16x | — |
| 42 | 20280010 – 20800000 base | 22.5000% | 4.08x | — |
| 43 | 20800010 – 21320000 base | 23.0000% | 4.00x | — |
| 44 | 21320010 – 21840000 base | 23.5000% | 3.92x | — |
| 45 | 21840010 – 22360000 base | 24.0000% | 3.84x | — |
| 46 | 22360010 – 22880000 base | 24.5000% | 3.77x | — |
| 47 | 22880010 – 23400000 base | 25.0000% | 3.70x | — |
| 48 | 23400010 – 23920000 base | 25.5000% | 3.63x | — |
| 49 | 23920010 – 24440000 base | 26.0000% | 3.57x | — |
| 50 | 24440010 – 24960000 base | 26.5000% | 3.50x | — |
| 51 | 24960010 – 25480000 base | 27.0000% | 3.44x | — |
| 52 | 25480010 – 26000000 base | 27.5000% | 3.38x | — |
| 53 | 26000010 – 26520000 base | 28.0000% | 3.33x | — |
| 54 | 26520010 – 27040000 base | 28.5000% | 3.27x | — |
| 55 | 27040010 – 27560000 base | 29.0000% | 3.22x | — |
| 56 | 27560010 – 28080000 base | 29.5000% | 3.17x | — |
| 57 | 28080010 – 28600000 base | 30.0000% | 3.12x | — |
| 58 | 28600010 – 29120000 base | 30.5000% | 3.07x | — |
| 59 | 29120010 – 29640000 base | 31.0000% | 3.03x | — |
| 60 | 29640010 – 30160000 base | 31.5000% | 2.98x | — |
| 61 | 30160010 – 30680000 base | 32.0000% | 2.94x | — |
| 62 | 30680010 – 31200000 base | 32.5000% | 2.89x | — |
| 63 | 31200010 – 31720000 base | 33.0000% | 2.85x | — |
| 64 | 31720010 – 32240000 base | 33.5000% | 2.81x | — |
| 65 | 32240010 – 32760000 base | 34.0000% | 2.77x | — |
| 66 | 32760010 – 33280000 base | 34.5000% | 2.73x | — |
| 67 | 33280010 – 33800000 base | 35.0000% | 2.70x | — |
| 68 | 33800010 – 34320000 base | 35.5000% | 2.66x | — |
| 69 | 34320010 – 34840000 base | 36.0000% | 2.63x | — |
| 70 | 34840010 – 35360000 base | 36.5000% | 2.59x | — |
| 71 | 35360010 – 35880000 base | 37.0000% | 2.56x | — |
| 72 | 35880010 – 36400000 base | 37.5000% | 2.53x | — |
| 73 | 36400010 – 36920000 base | 38.0000% | 2.50x | — |
| 74 | 36920010 – 37440000 base | 38.5000% | 2.46x | — |
| 75 | 37440010 – 37960000 base | 39.0000% | 2.43x | — |
| 76 | 37960010 – 38480000 base | 39.5000% | 2.40x | — |
| 77 | 38480010 – 39000000 base | 40.0000% | 2.38x | — |
| 78 | 39000010 – 39520000 base | 40.5000% | 2.35x | — |
| 79 | 39520010 – 40040000 base | 41.0000% | 2.32x | — |
| 80 | 40040010 – 40560000 base | 41.5000% | 2.29x | — |
| 81 | 40560010 – 41080000 base | 42.0000% | 2.27x | — |
| 82 | 41080010 – 41600000 base | 42.5000% | 2.24x | — |
| 83 | 41600010 – 42120000 base | 43.0000% | 2.22x | — |
| 84 | 42120010 – 42640000 base | 43.5000% | 2.19x | — |
| 85 | 42640010 – 43160000 base | 44.0000% | 2.17x | — |
| 86 | 43160010 – 43680000 base | 44.5000% | 2.15x | — |
| 87 | 43680010 – 44200000 base | 45.0000% | 2.12x | — |
| 88 | 44200010 – 44720000 base | 45.5000% | 2.10x | — |
| 89 | 44720010 – 45240000 base | 46.0000% | 2.08x | — |
| 90 | 45240010 – 45760000 base | 46.5000% | 2.06x | — |
| 91 | 45760010 – 46280000 base | 47.0000% | 2.04x | — |
| 92 | 46280010 – 46800000 base | 47.5000% | 2.02x | — |
| 93 | 46800010 – 47320000 base | 48.0000% | 2.00x | — |
Bybit · SANDUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 75.00x | — |
| 2 | 5000 – 7000 quote | 1.0000% | 70.00x | — |
| 3 | 7000 – 10000 quote | 1.0000% | 65.00x | — |
| 4 | 10000 – 12000 quote | 1.0000% | 55.00x | — |
| 5 | 12000 – 15000 quote | 1.0000% | 50.00x | — |
| 6 | 15000 – 20000 quote | 1.1100% | 45.00x | 16.5 |
| 7 | 20000 – 25000 quote | 1.2500% | 40.00x | 44.5 |
| 8 | 25000 – 35000 quote | 1.4300% | 35.00x | 89.5 |
| 9 | 35000 – 40000 quote | 1.6700% | 30.00x | 173.5 |
| 10 | 40000 – 50000 quote | 2.0000% | 25.00x | 305.5 |
| 11 | 50000 – 100000 quote | 2.5000% | 20.00x | 555.5 |
| 12 | 100000 – 110000 quote | 2.6300% | 19.00x | 685.5 |
| 13 | 110000 – 120000 quote | 2.7800% | 18.00x | 850.5 |
| 14 | 120000 – 130000 quote | 2.9400% | 17.00x | 1042.5 |
| 15 | 130000 – 140000 quote | 3.1300% | 16.00x | 1289.5 |
| 16 | 140000 – 150000 quote | 3.3300% | 15.00x | 1569.5 |
| 17 | 150000 – 170000 quote | 3.5700% | 14.00x | 1929.5 |
| 18 | 170000 – 200000 quote | 3.8500% | 13.00x | 2405.5 |
| 19 | 200000 – 220000 quote | 4.1700% | 12.00x | 3045.5 |
| 20 | 220000 – 240000 quote | 4.5500% | 11.00x | 3881.5 |
| 21 | 240000 – 250000 quote | 5.0000% | 10.00x | 4961.5 |
| 22 | 250000 – 500000 quote | 5.5600% | 9.00x | 6361.5 |
| 23 | 500000 – 1000000 quote | 6.2500% | 8.00x | 9811.5 |
| 24 | 1000000 – 1500000 quote | 7.1400% | 7.00x | 18711.5 |
| 25 | 1500000 – 2000000 quote | 8.3300% | 6.00x | 36561.5 |
| 26 | 2000000 – 2500000 quote | 10.0000% | 5.00x | 69961.5 |
| 27 | 2500000 – 4000000 quote | 12.5000% | 4.00x | 132461.5 |
| 28 | 4000000 – 5000000 quote | 16.6700% | 3.00x | 299261.5 |
| 29 | 5000000 – 6000000 quote | 25.0000% | 2.00x | 715761.5 |
| 30 | 6000000 – ∞ quote | 50.0000% | 1.00x | 2215761.5 |
Hyperliquid · SAND With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
