# SAND Funding Rate on Hyperliquid

As of 2026-10-04 07:50 UTC, the SAND perpetual on Hyperliquid pays -0.0244% per 1h, -0.1956% per 8 hours (-214.16% APR), so shorts pay longs. That is the 16th highest of 23 exchanges shown, against a volume-weighted average of -0.1581% per 8 hours (-173.14% APR). Over the last 7 days Hyperliquid averaged -0.8538% per 8 hours (-934.93% APR). The next funding is at 2026-10-04 08:00 UTC.

## 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) | 0.0251% | 1h | 219.73% | 2026-10-04 08:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/sand/deepcoin) | [SAND/USDT:USDT](https://www.deepcoin.com/en/swap/SAND-USDT) | 0.0933% | 8h | 102.16% | — |
| [HitBTC](https://arbtide.com/funding-rates/sand/hitbtc) | SAND/USDT:USDT | 0.0100% | 8h | 10.95% | 2026-10-04 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/sand/bybit) | [SAND/USDT:USDT](https://www.bybit.com/trade/usdt/SANDUSDT) | 0.0004% | 1h | 3.44% | 2026-10-04 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/sand/xt) | [SAND/USDT:USDT](https://www.xt.com/en/futures/trade/sand_usdt) | 0.0004% | 1h | 3.44% | 2026-10-04 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/sand/kraken) | [SAND/USD:USD](https://pro.kraken.com/app/trade/futures-sand-usd-perp) | -0.0145% | 1h | -127.16% | — |
| [Extended](https://arbtide.com/funding-rates/sand/extended) | [SAND/USDC:USDC](https://app.extended.exchange/perp/SAND-USD) | -0.0206% | 1h | -180.46% | 2026-10-04 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/sand/mexc) | [SAND/USDT:USDT](https://www.mexc.com/futures/SAND_USDT) | -0.1650% | 8h | -180.68% | 2026-10-04 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/sand/binance) | [SAND/USDT:USDT](https://www.binance.com/en/futures/SANDUSDT) | -0.1650% | 8h | -180.68% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/sand/lbank) | [SAND/USDT:USDT](https://www.lbank.com/futures/sandusdt) | -0.1650% | 8h | -180.68% | 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) | -0.1650% | 8h | -180.68% | 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) | -0.1673% | 8h | -183.24% | — |
| [BTSE](https://arbtide.com/funding-rates/sand/btse) | [SAND/USDT:USDT](https://www.btse.com/en/futures/SAND-PERP) | -0.1739% | 8h | -190.42% | — |
| [KuCoin](https://arbtide.com/funding-rates/sand/kucoin) | [SAND/USDT:USDT](https://www.kucoin.com/trade/futures/SANDUSDTM) | -0.1750% | 8h | -191.63% | 2026-10-04 08:00 UTC |
| [Gate](https://arbtide.com/funding-rates/sand/gate) | [SAND/USDT:USDT](https://www.gate.com/futures/USDT/SAND_USDT) | -0.1783% | 8h | -195.24% | 2026-10-04 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/sand/hyperliquid) | [SAND/USDC:USDC](https://app.hyperliquid.xyz/trade/SAND) | -0.0244% | 1h | -214.16% | 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) | -0.1106% | 4h | -242.12% | 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% | — |
| [BingX](https://arbtide.com/funding-rates/sand/bingx) | [SAND/USDT:USDT](https://bingx.com/en/perpetual/SAND-USDT) | -0.2705% | 8h | -296.20% | — |
| [Bitget](https://arbtide.com/funding-rates/sand/bitget) | [SAND/USDT:USDT](https://www.bitget.com/futures/usdt/SANDUSDT) | -0.2807% | 8h | -307.37% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/sand/whitebit) | [SAND/USDT:USDT](https://whitebit.com/trade/SAND-PERP?type=futures) | -0.3091% | 8h | -338.51% | 2026-10-04 08:00 UTC |
| [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 |
| [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 07:50 UTC |

## Frequently asked questions

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

-0.0244% per 1h, or -0.1956% per 8 hours (-214.16% APR), so shorts pay longs. The 7-day average is -0.8538% per 8 hours (-934.93% APR).

### How often does Hyperliquid pay SAND funding?

Every hour. The next payment is at 2026-10-04 08:00 UTC.

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

Hyperliquid is the 16th highest of 23 exchanges shown. The highest is Deepcoin at 0.0933% per 8h (102.16% APR) and the lowest is WEEX at -0.5064% per 8h (-554.51% APR).

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

Long SAND on WEEX and short on Hyperliquid for a gross spread of 0.3108% per 8 hours (340.35% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.