# SAND Funding Rates

As of 2026-10-04 01:47 UTC, SAND perpetual funding averages -0.5853% per 8 hours (-640.93% APR) across all 22 exchanges that list it, weighted by 24h volume (median -0.5419%). Highest: Deepcoin at 0.3322% per 8h (363.76% APR). Lowest: XT.COM at -0.1137% per 1h (-995.81% APR). Going long on XT.COM and short on Deepcoin collects a gross spread of 1.2416% per 8 hours (1359.57% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Deepcoin](https://arbtide.com/funding-rates/sand/deepcoin) | [SAND/USDT:USDT](https://www.deepcoin.com/en/swap/SAND-USDT) | 0.3322% | 8h | 363.76% | — |
| [HitBTC](https://arbtide.com/funding-rates/sand/hitbtc) | SAND/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-04 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/sand/whitebit) | [SAND/USDT:USDT](https://whitebit.com/trade/SAND-PERP?type=futures) | -0.2055% | 8h | -225.05% | 2026-10-04 08:00 UTC |
| [Bitfinex](https://arbtide.com/funding-rates/sand/bitfinex) | [SAND/USDT:USDT](https://trading.bitfinex.com/t/SANDF0:USTF0) | -0.2500% | 8h | -273.75% | — |
| [DigiFinex](https://arbtide.com/funding-rates/sand/digifinex) | [SAND/USDT:USDT](https://www.digifinex.com/en-ww/swap/SANDUSDTPERP) | -0.3870% | 8h | -423.77% | 2026-10-04 00:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/sand/btse) | [SAND/USDT:USDT](https://www.btse.com/en/futures/SAND-PERP) | -0.3955% | 8h | -433.09% | — |
| [Extended](https://arbtide.com/funding-rates/sand/extended) | [SAND/USDC:USDC](https://app.extended.exchange/perp/SAND-USD) | -0.0628% | 1h | -550.13% | 2026-10-04 02:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/sand/weex) | [SAND/USDT:USDT](https://www.weex.com/futures/SAND-USDT) | -0.5064% | 8h | -554.51% | 2026-10-04 01:46 UTC |
| [BingX](https://arbtide.com/funding-rates/sand/bingx) | [SAND/USDT:USDT](https://bingx.com/en/perpetual/SAND-USDT) | -0.5307% | 8h | -581.16% | — |
| [Gate](https://arbtide.com/funding-rates/sand/gate) | [SAND/USDT:USDT](https://www.gate.com/futures/USDT/SAND_USDT) | -0.5313% | 8h | -581.77% | 2026-10-04 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/sand/hyperliquid) | [SAND/USDC:USDC](https://app.hyperliquid.xyz/trade/SAND) | -0.0675% | 1h | -591.44% | 2026-10-04 02:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/sand/mexc) | [SAND/USDT:USDT](https://www.mexc.com/futures/SAND_USDT) | -0.5436% | 8h | -595.24% | 2026-10-04 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sand/binance) | [SAND/USDT:USDT](https://www.binance.com/en/futures/SANDUSDT) | -0.5436% | 8h | -595.27% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/sand/lbank) | [SAND/USDT:USDT](https://www.lbank.com/futures/sandusdt) | -0.5436% | 8h | -595.27% | 2026-10-04 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/sand/toobit) | [SAND/USDT:USDT](https://www.toobit.com/en-US/futures/SAND-SWAP-USDT) | -0.5436% | 8h | -595.27% | 2026-10-04 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/sand/aster) | [SAND/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SANDUSDT) | -0.5503% | 8h | -602.59% | — |
| [Bitget](https://arbtide.com/funding-rates/sand/bitget) | [SAND/USDT:USDT](https://www.bitget.com/futures/usdt/SANDUSDT) | -0.5569% | 8h | -609.81% | — |
| [KuCoin](https://arbtide.com/funding-rates/sand/kucoin) | [SAND/USDT:USDT](https://www.kucoin.com/trade/futures/SANDUSDTM) | -0.6036% | 8h | -660.94% | 2026-10-04 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/sand/okx) | [SAND/USDT:USDT](https://www.okx.com/trade-swap/sand-usdt-swap) | -0.3352% | 4h | -734.07% | 2026-10-04 04:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/sand/kraken) | [SAND/USD:USD](https://pro.kraken.com/app/trade/futures-sand-usd-perp) | -0.1031% | 1h | -903.46% | — |
| [Bybit](https://arbtide.com/funding-rates/sand/bybit) | [SAND/USDT:USDT](https://www.bybit.com/trade/usdt/SANDUSDT) | -0.1137% | 1h | -995.81% | 2026-10-04 02:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/sand/xt) | [SAND/USDT:USDT](https://www.xt.com/en/futures/trade/sand_usdt) | -0.1137% | 1h | -995.81% | 2026-10-04 02:00 UTC |

## Frequently asked questions

### Is the SAND funding rate positive right now?

Mostly no. SAND funding is positive on 2 of the 22 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SAND funding rate?

Deepcoin at 0.3322% per 8h (363.76% APR). The lowest is XT.COM at -0.1137% per 1h (-995.81% APR).

### What is the SAND funding arbitrage spread?

The gross spread is 1.2416% per 8 hours (1359.57% APR): long SAND on XT.COM and short on Deepcoin. Trading fees, slippage and price basis reduce the net return.

### How often is SAND funding paid?

SAND funding is paid every 8 hours on Deepcoin, HitBTC, WhiteBIT, Bitfinex, DigiFinex, BTSE, WEEX, BingX, Gate, MEXC, Binance, LBank, Toobit, Aster, Bitget, and KuCoin; every 4 hours on OKX; every hour on Extended, Hyperliquid, Kraken, Bybit, and XT.COM. Rates on this page are also shown as APR so they can be compared directly.