Binance SAND perpetual
SANDUSDT
As of 2026-11-04 08:47 UTC, SANDUSDT on Binance has a collected rate of -0.0036% over 8h, or -3.98% simple annualised; its collected settlement interval is 8h, with up to 75x leverage. OKX has a lower rate for longs at -33.18%.
Settled rates over the past 30 days
Settled funding for SANDUSDT
The latest 30-day window contains 89 settlements covering 712 known-period hours, with a cumulative rate of -7.4606%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-11-04 00:00 | -0.0010% | 8h |
| 2026-11-03 16:00 | -0.0070% | 8h |
| 2026-11-03 08:00 | -0.0013% | 8h |
| 2026-11-03 00:00 | -0.0172% | 8h |
| 2026-11-02 16:00 | -0.0192% | 8h |
| 2026-11-02 08:00 | -0.0230% | 8h |
| 2026-11-02 00:00 | +0.0003% | 8h |
| 2026-11-01 16:00 | -0.0180% | 8h |
| 2026-11-01 08:00 | -0.0538% | 8h |
| 2026-11-01 00:00 | -0.0692% | 8h |
| 2026-10-31 16:00 | -0.0427% | 8h |
| 2026-10-31 08:00 | -0.0660% | 8h |
The cumulative rate sums actual settlements with known periods. Positive totals mean net payment by longs and receipt by shorts; negative totals reverse the direction. If notional value changed, multiplying the current position by this total will not reproduce account cash flows. Historical rates do not predict returns.
What does this rate mean for a 10,000 USDT position?
For SANDUSDT, 10,000 USDT of notional × -0.003638% gives 0.3638 USDT over the quoted 8h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
How do I select the margin tier for SANDUSDT?
This table selects tiers by position notional in USDT, not by the amount of margin deposited. The first tier starts at 0 and ends at 5000 USDT. Above that, tier 2 requires 1.5000% maintenance margin.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| 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 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 8h (00:00 · 08:00 · 16:00 UTC). Lot size uses the venue’s original order unit; the calculator takes base-asset quantity. Settlement intervals and times on every venue.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| OKX | SAND-USDT-SWAP | 4h | -33.18% |
| Bitget | SANDUSDT | 8h | -7.23% |
| Binance this page | SANDUSDT | 8h | -3.98% |
| Bybit | SANDUSDT | 8h | +4.38% |
| Gate | SAND_USDT | 8h | +7.77% |
| Aster | SANDUSDT | 8h | +10.39% |
| Hyperliquid | SAND | 1h | +10.95% |
Common questions
What is the Binance SAND funding rate?
The latest collected Binance SAND funding rate is -0.0036% per 8h rate period, or -3.98% simple annualised. At this rate shorts pay longs.
How often is funding charged on Binance SAND?
The collected settlement interval is 8h, normally 3 times a day. Settlements fall at 00:00, 08:00 and 16:00 UTC, the same times in UTC+8. Venues can change it again; confirm the next settlement time on the venue's contract page.
What is the maximum leverage on Binance SAND?
The collected leverage cap for Binance SAND is 75x, with 11 margin tiers shown. The first margin tier, up to 5K USDT, allows 75x; the second allows 50x.
What is the maintenance margin rate on Binance SAND?
The first tier requires 1.0000%, with 11 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest SAND funding cost for longs?
For a long position, OKX currently has the lowest rate at -33.18% annualised; this page's Binance is at -3.98%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Binance SAND funding paid over the past 30 days?
Settlements over the past 30 days annualise to -91.79% across 89 settlements, 97% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-11-04 08:47 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Binance official data source · Funding methodology
History coverage for this contract
89 settlements are available, covering 712 known-period hours, from 2026-10-05 16:00 to 2026-11-04 00:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.