OKX SAND perpetual
SAND-USDT-SWAP
As of 2026-10-03 00:49 UTC, SAND-USDT-SWAP on OKX has a collected rate of -0.7260% over 4h, or -1590.01% simple annualised; its collected settlement interval is 4h, with up to 50x 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-SWAP, 10,000 USDT of notional × -0.726032% gives 72.6032 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 130000 SAND. Above that, tier 2 requires 1.5000% 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.
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
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 – 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 | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. 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 | SAND_USDT | 8h | -2190.00% |
| OKX this page | 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 OKX SAND funding rate?
The latest collected OKX SAND funding rate is -0.7260% per 4h rate period, or -1590.01% 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. Venues can change it; confirm the next settlement time on the 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 130000 SAND, allows 50x; the second allows 40x.
What is the maintenance margin rate on OKX SAND?
The first tier requires 1.0000%, 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.
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 OKX is at -1590.01%. 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 00:49 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology