SAND funding rate
Binance
-0.9598%
- Annualized
- -1050.95%
- 7d avg (annual)
- -16.40%
- Next settlement
- · 8h
- Paid by longs over 30 days
- -1.115%
- Mark price
- 0.061111
- Contract
- SANDUSDT
OKX
-1.0000%
- Annualized
- -1095.00%
- 7d avg (annual)
- -19.35%
- Next settlement
- · 8h
- Paid by longs over 30 days
- -1.144%
- Mark price
- 0.0608
- Contract
- SAND-USDT-SWAP
Funding rate history (annualized, 30 days)
SAND funding rate statistics, last 30 days
| Exchange | Settlements | Average (ann.) | Highest (ann.) | Lowest (ann.) | Positive share | Paid by longs over 30 days |
|---|---|---|---|---|---|---|
| Binance | 90 | -13.6% | +11.0% Sep 18, 2026 | -486.2% Oct 2, 2026 | 48% | -1.115% |
| OKX | 90 | -13.9% | +11.0% Sep 7, 2026 | -572.9% Oct 2, 2026 | 52% | -1.144% |
What the SAND funding rate means now
The SAND perpetual on Binance currently pays -0.9598% every 8 hours, about -1050.9% annualized. The rate is negative, so shorts pay longs at each settlement. Over the past 7 days the settled rate averaged -16.4% annualized.
On OKX the SAND perpetual pays -1.0000% every 8 hours, about -1095.0% annualized. The 7-day average is -19.3%.
The current annualized gap between the two exchanges is 44.1%. Treat it as a reference only: arbitrage returns are reduced by fees and slippage, and rates and liquidation risk change every period.
You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.
SAND on Binance and OKX →Liquidation price calculator →Funding rates: Binance vs OKX →