OKX SAND perpetual
SAND-USDT-SWAP
As of 2026-11-04 08:48 UTC, SAND-USDT-SWAP on OKX has a collected rate of -0.0152% over 4h, or -33.18% simple annualised; its collected settlement interval is 4h, with up to 50x leverage.
Settled rates over the past 30 days
Settled funding for SAND-USDT-SWAP
The latest 30-day window contains 180 settlements covering 720 known-period hours, with a cumulative rate of -8.1373%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-11-04 08:00 | -0.0163% | 4h |
| 2026-11-04 04:00 | -0.0095% | 4h |
| 2026-11-04 00:00 | -0.0148% | 4h |
| 2026-11-03 20:00 | -0.0074% | 4h |
| 2026-11-03 16:00 | -0.0085% | 4h |
| 2026-11-03 12:00 | -0.0020% | 4h |
| 2026-11-03 08:00 | -0.0062% | 4h |
| 2026-11-03 04:00 | +0.0032% | 4h |
| 2026-11-03 00:00 | -0.0107% | 4h |
| 2026-11-02 20:00 | -0.0095% | 4h |
| 2026-11-02 16:00 | -0.0149% | 4h |
| 2026-11-02 12:00 | -0.0223% | 4h |
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 SAND-USDT-SWAP, 10,000 USDT of notional × -0.015150% gives 1.5150 USDT over the quoted 4h 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-SWAP?
This table selects tiers by base-asset quantity in SAND, not by the amount of margin deposited. The first tier starts at 0 and ends at 625000 SAND. Above that, tier 2 requires 1.0000% maintenance margin.
Contract units and calculator input
One SAND-USDT-SWAP contract represents 10 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.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
Maintenance margin ladder
No 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 – 625000 base | 0.6500% | 50.00x | — |
| 2 | 625010 – 1250000 base | 1.0000% | 40.00x | — |
| 3 | 1250010 – 2500000 base | 1.5000% | 20.00x | — |
| 4 | 2500010 – 5000000 base | 2.0000% | 18.18x | — |
| 5 | 5000010 – 7500000 base | 2.5000% | 16.66x | — |
| 6 | 7500010 – 10000000 base | 3.0000% | 15.38x | — |
| 7 | 10000010 – 12500000 base | 3.5000% | 14.28x | — |
| 8 | 12500010 – 15000000 base | 4.0000% | 13.33x | — |
| 9 | 15000010 – 17500000 base | 4.5000% | 12.50x | — |
| 10 | 17500010 – 20000000 base | 5.0000% | 11.76x | — |
| 11 | 20000010 – 22500000 base | 5.5000% | 11.11x | — |
| 12 | 22500010 – 25000000 base | 6.0000% | 10.52x | — |
| 13 | 25000010 – 27500000 base | 6.5000% | 10.00x | — |
| 14 | 27500010 – 30000000 base | 7.0000% | 9.52x | — |
| 15 | 30000010 – 32500000 base | 7.5000% | 9.09x | — |
| 16 | 32500010 – 35000000 base | 8.0000% | 8.69x | — |
| 17 | 35000010 – 37500000 base | 8.5000% | 8.33x | — |
| 18 | 37500010 – 40000000 base | 9.0000% | 8.00x | — |
| 19 | 40000010 – 42500000 base | 9.5000% | 7.69x | — |
| 20 | 42500010 – 45000000 base | 10.0000% | 7.40x | — |
| 21 | 45000010 – 47500000 base | 10.5000% | 7.14x | — |
| 22 | 47500010 – 50000000 base | 11.0000% | 6.89x | — |
| 23 | 50000010 – 52500000 base | 11.5000% | 6.66x | — |
| 24 | 52500010 – 55000000 base | 12.0000% | 6.45x | — |
| 25 | 55000010 – 57500000 base | 12.5000% | 6.25x | — |
| 26 | 57500010 – 60000000 base | 13.0000% | 6.06x | — |
| 27 | 60000010 – 62500000 base | 13.5000% | 5.88x | — |
| 28 | 62500010 – 65000000 base | 14.0000% | 5.71x | — |
| 29 | 65000010 – 67500000 base | 14.5000% | 5.55x | — |
| 30 | 67500010 – 70000000 base | 15.0000% | 5.40x | — |
| 31 | 70000010 – 72500000 base | 15.5000% | 5.26x | — |
| 32 | 72500010 – 75000000 base | 16.0000% | 5.12x | — |
| 33 | 75000010 – 77500000 base | 16.5000% | 5.00x | — |
| 34 | 77500010 – 80000000 base | 17.0000% | 4.87x | — |
| 35 | 80000010 – 82500000 base | 17.5000% | 4.76x | — |
| 36 | 82500010 – 85000000 base | 18.0000% | 4.65x | — |
| 37 | 85000010 – 87500000 base | 18.5000% | 4.54x | — |
| 38 | 87500010 – 90000000 base | 19.0000% | 4.44x | — |
| 39 | 90000010 – 92500000 base | 19.5000% | 4.34x | — |
| 40 | 92500010 – 95000000 base | 20.0000% | 4.25x | — |
| 41 | 95000010 – 97500000 base | 20.5000% | 4.16x | — |
| 42 | 97500010 – 100000000 base | 21.0000% | 4.08x | — |
| 43 | 100000010 – 102500000 base | 21.5000% | 4.00x | — |
| 44 | 102500010 – 105000000 base | 22.0000% | 3.92x | — |
| 45 | 105000010 – 107500000 base | 22.5000% | 3.84x | — |
| 46 | 107500010 – 110000000 base | 23.0000% | 3.77x | — |
| 47 | 110000010 – 112500000 base | 23.5000% | 3.70x | — |
| 48 | 112500010 – 115000000 base | 24.0000% | 3.63x | — |
| 49 | 115000010 – 117500000 base | 24.5000% | 3.57x | — |
| 50 | 117500010 – 120000000 base | 25.0000% | 3.50x | — |
| 51 | 120000010 – 122500000 base | 25.5000% | 3.44x | — |
| 52 | 122500010 – 125000000 base | 26.0000% | 3.38x | — |
| 53 | 125000010 – 127500000 base | 26.5000% | 3.33x | — |
| 54 | 127500010 – 130000000 base | 27.0000% | 3.27x | — |
| 55 | 130000010 – 132500000 base | 27.5000% | 3.22x | — |
| 56 | 132500010 – 135000000 base | 28.0000% | 3.17x | — |
| 57 | 135000010 – 137500000 base | 28.5000% | 3.12x | — |
| 58 | 137500010 – 140000000 base | 29.0000% | 3.07x | — |
| 59 | 140000010 – 142500000 base | 29.5000% | 3.03x | — |
| 60 | 142500010 – 145000000 base | 30.0000% | 2.98x | — |
| 61 | 145000010 – 147500000 base | 30.5000% | 2.94x | — |
| 62 | 147500010 – 150000000 base | 31.0000% | 2.89x | — |
| 63 | 150000010 – 152500000 base | 31.5000% | 2.85x | — |
| 64 | 152500010 – 155000000 base | 32.0000% | 2.81x | — |
| 65 | 155000010 – 157500000 base | 32.5000% | 2.77x | — |
| 66 | 157500010 – 160000000 base | 33.0000% | 2.73x | — |
| 67 | 160000010 – 162500000 base | 33.5000% | 2.70x | — |
| 68 | 162500010 – 165000000 base | 34.0000% | 2.66x | — |
| 69 | 165000010 – 167500000 base | 34.5000% | 2.63x | — |
| 70 | 167500010 – 170000000 base | 35.0000% | 2.59x | — |
| 71 | 170000010 – 172500000 base | 35.5000% | 2.56x | — |
| 72 | 172500010 – 175000000 base | 36.0000% | 2.53x | — |
| 73 | 175000010 – 177500000 base | 36.5000% | 2.50x | — |
| 74 | 177500010 – 180000000 base | 37.0000% | 2.46x | — |
| 75 | 180000010 – 182500000 base | 37.5000% | 2.43x | — |
| 76 | 182500010 – 185000000 base | 38.0000% | 2.40x | — |
| 77 | 185000010 – 187500000 base | 38.5000% | 2.38x | — |
| 78 | 187500010 – 190000000 base | 39.0000% | 2.35x | — |
| 79 | 190000010 – 192500000 base | 39.5000% | 2.32x | — |
| 80 | 192500010 – 195000000 base | 40.0000% | 2.29x | — |
| 81 | 195000010 – 197500000 base | 40.5000% | 2.27x | — |
| 82 | 197500010 – 200000000 base | 41.0000% | 2.24x | — |
| 83 | 200000010 – 202500000 base | 41.5000% | 2.22x | — |
| 84 | 202500010 – 205000000 base | 42.0000% | 2.19x | — |
| 85 | 205000010 – 207500000 base | 42.5000% | 2.17x | — |
| 86 | 207500010 – 210000000 base | 43.0000% | 2.15x | — |
| 87 | 210000010 – 212500000 base | 43.5000% | 2.12x | — |
| 88 | 212500010 – 215000000 base | 44.0000% | 2.10x | — |
| 89 | 215000010 – 217500000 base | 44.5000% | 2.08x | — |
| 90 | 217500010 – 220000000 base | 45.0000% | 2.06x | — |
| 91 | 220000010 – 222500000 base | 45.5000% | 2.04x | — |
| 92 | 222500010 – 225000000 base | 46.0000% | 2.02x | — |
| 93 | 225000010 – 227500000 base | 46.5000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h (00:00 · 04:00 · 08:00 · 12:00 · 16:00 · 20:00 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 this page | SAND-USDT-SWAP | 4h | -33.18% |
| Bitget | SANDUSDT | 8h | -7.23% |
| Binance | 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 OKX SAND funding rate?
The latest collected OKX SAND funding rate is -0.0152% per 4h rate period, or -33.18% simple annualised. At this rate shorts pay longs.
How often is funding charged on OKX SAND?
The collected settlement interval is 4h, normally 6 times a day. Settlements fall at 00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 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 OKX SAND?
The collected leverage cap for OKX SAND is 50x, with 93 margin tiers shown. The first margin tier, up to 625000 SAND, allows 50x; the second allows 40x.
What is the maintenance margin rate on OKX SAND?
The first tier requires 0.6500%, with 93 available tiers. The applicable requirement depends on the position’s tier. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
What has OKX SAND funding paid over the past 30 days?
Settlements over the past 30 days annualise to -99.00% across 180 settlements, 89% 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 08:48 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology
History coverage for this contract
180 settlements are available, covering 720 known-period hours, from 2026-10-05 12:00 to 2026-11-04 08:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.