Gate SAND perpetual
SAND_USDT
As of 2026-10-03 00:48 UTC, SAND_USDT on Gate has a collected rate of -2.0000% over 8h, or -2190.00% simple annualised; its collected settlement interval is 8h, with up to 75x leverage. Bybit has a lower rate for longs at -2890.80%.
What does this rate mean for a 10,000 USDT position?
For SAND_USDT, 10,000 USDT of notional × -2.000000% gives 200.0000 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 SAND_USDT?
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 10000 USDT. Above that, tier 2 requires 1.0000% maintenance margin.
Contract units and calculator input
One SAND_USDT contract represents 1 SAND. Order lot size is expressed in the venue’s original unit. The liquidation calculator expects base-asset quantity; do not enter a contract count without converting units.
Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.
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 – 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 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 8h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Bybit | SANDUSDT | 1h | -2890.80% |
| Hyperliquid | SAND | 1h | -2339.68% |
| Gate this page | SAND_USDT | 8h | -2190.00% |
| OKX | SAND-USDT-SWAP | 4h | -1590.01% |
| Bitget | SANDUSDT | 8h | -1092.26% |
| Aster | SANDUSDT | 8h | -1043.28% |
| Binance | SANDUSDT | 8h | -1034.39% |
Common questions
What is the Gate SAND funding rate?
The latest collected Gate SAND funding rate is -2.0000% per 8h rate period, or -2190.00% simple annualised. At this rate shorts pay longs.
How often is funding charged on Gate SAND?
The collected settlement interval is 8h, normally 3 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Gate SAND?
The collected leverage cap for Gate SAND is 75x, with 20 margin tiers shown. The first margin tier, up to 10K USDT, allows 75x; the second allows 60x.
What is the maintenance margin rate on Gate SAND?
The first tier requires 0.5000%, with 20 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, Bybit currently has the lowest rate at -2890.80% annualised; this page's Gate is at -2190.00%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-10-03 00:48 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Gate official data source · Funding methodology