# SAND Funding Rate on Bitfinex

As of 2026-10-05 01:58 UTC, the SAND perpetual on Bitfinex pays -0.0944% per 8h, -0.0944% per 8 hours (-103.40% APR), so shorts pay longs. That is the 10th highest of 23 exchanges shown, against a volume-weighted average of -0.1185% per 8 hours (-129.80% APR). Over the last 7 days Bitfinex averaged -0.2140% per 8 hours (-234.33% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/sand/cryptocom) | [SAND/USD:USD](https://crypto.com/exchange/trade/SANDUSD-PERP) | 0.0150% | 1h | 131.71% | 2026-10-05 02:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/sand/deepcoin) | [SAND/USDT:USDT](https://www.deepcoin.com/en/swap/SAND-USDT) | 0.0706% | 8h | 77.31% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/sand/whitebit) | [SAND/USDT:USDT](https://whitebit.com/trade/SAND-PERP?type=futures) | 0.0100% | 8h | 10.95% | 2026-10-05 08:00 UTC |
| [HitBTC](https://arbtide.com/funding-rates/sand/hitbtc) | SAND/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-05 08:00 UTC |
| [DigiFinex](https://arbtide.com/funding-rates/sand/digifinex) | [SAND/USDT:USDT](https://www.digifinex.com/en-ww/swap/SANDUSDTPERP) | 0.0000% | 8h | 0.00% | 2026-10-05 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/sand/bingx) | [SAND/USDT:USDT](https://bingx.com/en/perpetual/SAND-USDT) | -0.0166% | 8h | -18.18% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/sand/hyperliquid) | [SAND/USDC:USDC](https://app.hyperliquid.xyz/trade/SAND) | -0.0068% | 1h | -59.33% | 2026-10-05 02:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/sand/btse) | [SAND/USDT:USDT](https://www.btse.com/en/futures/SAND-PERP) | -0.0919% | 8h | -100.60% | — |
| [Gate](https://arbtide.com/funding-rates/sand/gate) | [SAND/USDT:USDT](https://www.gate.com/futures/USDT/SAND_USDT) | -0.0940% | 8h | -102.93% | 2026-10-05 08:00 UTC |
| [Bitfinex](https://arbtide.com/funding-rates/sand/bitfinex) | [SAND/USDT:USDT](https://trading.bitfinex.com/t/SANDF0:USTF0) | -0.0944% | 8h | -103.40% | — |
| [WEEX](https://arbtide.com/funding-rates/sand/weex) | [SAND/USDT:USDT](https://www.weex.com/futures/SAND-USDT) | -0.0955% | 8h | -104.60% | 2026-10-05 01:58 UTC |
| [LBank](https://arbtide.com/funding-rates/sand/lbank) | [SAND/USDT:USDT](https://www.lbank.com/futures/sandusdt) | -0.0961% | 8h | -105.25% | 2026-10-05 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/sand/extended) | [SAND/USDC:USDC](https://app.extended.exchange/perp/SAND-USD) | -0.0122% | 1h | -106.87% | 2026-10-05 02:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sand/binance) | [SAND/USDT:USDT](https://www.binance.com/en/futures/SANDUSDT) | -0.0979% | 8h | -107.19% | 2026-10-05 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/sand/mexc) | [SAND/USDT:USDT](https://www.mexc.com/futures/SAND_USDT) | -0.0979% | 8h | -107.20% | 2026-10-05 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/sand/toobit) | [SAND/USDT:USDT](https://www.toobit.com/en-US/futures/SAND-SWAP-USDT) | -0.0980% | 8h | -107.28% | 2026-10-05 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/sand/aster) | [SAND/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SANDUSDT) | -0.0996% | 8h | -109.08% | — |
| [Bitget](https://arbtide.com/funding-rates/sand/bitget) | [SAND/USDT:USDT](https://www.bitget.com/futures/usdt/SANDUSDT) | -0.1151% | 8h | -126.03% | — |
| [KuCoin](https://arbtide.com/funding-rates/sand/kucoin) | [SAND/USDT:USDT](https://www.kucoin.com/trade/futures/SANDUSDTM) | -0.1229% | 8h | -134.58% | 2026-10-05 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/sand/kraken) | [SAND/USD:USD](https://pro.kraken.com/app/trade/futures-sand-usd-perp) | -0.0180% | 1h | -157.89% | — |
| [OKX](https://arbtide.com/funding-rates/sand/okx) | [SAND/USDT:USDT](https://www.okx.com/trade-swap/sand-usdt-swap) | -0.0904% | 4h | -197.93% | 2026-10-05 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/sand/bybit) | [SAND/USDT:USDT](https://www.bybit.com/trade/usdt/SANDUSDT) | -0.0234% | 1h | -204.76% | 2026-10-05 02:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/sand/xt) | [SAND/USDT:USDT](https://www.xt.com/en/futures/trade/sand_usdt) | -0.0235% | 1h | -205.65% | 2026-10-05 02:00 UTC |

## Frequently asked questions

### What is the SAND funding rate on Bitfinex?

-0.0944% per 8h, or -0.0944% per 8 hours (-103.40% APR), so shorts pay longs. The 7-day average is -0.2140% per 8 hours (-234.33% APR).

### How often does Bitfinex pay SAND funding?

Every 8 hours.

### Is SAND funding on Bitfinex higher than on other exchanges?

Bitfinex is the 10th highest of 23 exchanges shown. The highest is Deepcoin at 0.0706% per 8h (77.31% APR) and the lowest is XT.COM at -0.0235% per 1h (-205.65% APR).

### How do you arbitrage SAND funding with Bitfinex?

Long SAND on Bitfinex and short on Deepcoin for a gross spread of 0.1650% per 8 hours (180.71% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.