SAND funding rates
SAND perpetual funding across 9 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 44.9%long Gate, short Aster · net 38.9%
- Highest funding now
- 8.0%AsAster
- Lowest funding now
- −46.5%HyHyperliquid
- Listed on
- 9 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AsAster | SANDUSDT | 8.0% | −8.3% | −61.3% | −60.8% | −70.1% | 11% | 8h | 08:00 | 0.0649 | $92k | $36k | AsAster | ||
| BgBitgetCEX | SANDUSDT | −4.5% | −52.8% | −98.3% | −73.8% | −106% | 0% | 8h | 08:00 | 0.06487 | $3.0M | $3.1M | BgBitget | ||
| GtGateCEX | SAND_USDT | −6.1% | −60.8% | −106% | −71.3% | −114% | 0% | 8h | 08:00 | 0.06485 | $1.9M | $4.7M | GtGate | ||
| ByBybitCEX | SANDUSDT | −14.3% | −38.6% | −81.1% | −96.2% | −88.2% | 26% | 8h | 08:00 | 0.0648 | $10.2M | $16.3M | ByBybit | ||
| MxMEXCCEX | SAND_USDT | −24.4% | −46.0% | −100% | −69.2% | −109% | 0% | 8h | 08:00 | 0.06474 | $6.8M | $5.8M | MxMEXC | ||
| BnBinanceCEX | SANDUSDT | −24.5% | −53.7% | −100% | −105% | — | 0% | 8h | 08:00 | 0.06482 | $15.8M | $42.3M | BnBinance | ||
| ExExtended | SAND-USD | −24.5% | −52.2% | −100% | −52.2% | −109% | 0% | 1h | 03:00 | 0.06479 | $11k | $82k | ExExtended | ||
| VaVariational | SAND | −28.3% | −49.8% | −81.9% | −136% | −87.2% | 23% | 8h | — | 0.06507 | $86k | $213k | VaVariational | ||
| HyHyperliquid | SAND | −46.5% | −45.3% | −101% | −97.6% | −111% | 13% | 1h | — | 0.06482 | $2.4M | $1.6M | HyHyperliquid |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| BnBinanceCEX | AsAster | 32.5% | 45.4% | 44.3% | 10.8% | 39.6% | 59.5% | 1.5d | new | $92k | BnAs | calc | ||
| GtGateCEX | AsAster | 14.1% | 52.5% | 44.9% | 10.5% | 38.9% | 58.3% | 1.9d | steady | $92k | GtAs | calc | ||
| MxMEXCCEX | AsAster | 32.4% | 37.8% | 39.0% | 8.3% | 35.8% | 53.7% | 1.1d | steady | $92k | MxAs | calc | ||
| HyHyperliquid | AsAster | 54.4% | 37.0% | 39.9% | 36.7% | 35.5% | 53.2% | 1.6d | steady | $92k | 1h/8h | HyAs | calc | |
| BgBitgetCEX | AsAster | 12.4% | 44.5% | 37.0% | 13.0% | 31.8% | 47.7% | 2.0d | steady | $92k | BgAs | calc | ||
| BnBinanceCEX | VaVariational | −3.8% | 3.9% | 25.8% | −93.2% | 23.2% | 34.8% | 1.4d | new | $86k | spread not incl. | BnVa | calc | |
| GtGateCEX | VaVariational | −22.2% | 11.0% | 24.3% | −64.8% | 20.4% | 30.5% | 2.3d | cooling | $86k | spread not incl. | GtVa | calc | |
| GtGateCEX | ByBybitCEX | −8.2% | 22.2% | 25.0% | −24.9% | 18.2% | 27.4% | 3.8d | cooling | $1.9M | GtBy | calc | ||
| ExExtended | AsAster | 32.5% | 44.0% | 39.2% | −8.6% | 35.8% | 53.7% | 1.2d | steady | $11k | low OI1h/8h | ExAs | calc | |
| BnBinanceCEX | ByBybitCEX | 10.2% | 15.1% | 23.1% | −49.1% | 17.6% | 26.4% | 3.3d | new | $10.2M | BnBy | calc | ||
| MxMEXCCEX | VaVariational | −3.9% | −3.8% | 18.3% | −66.9% | 17.3% | 25.9% | 0.8d | cooling | $86k | spread not incl. | MxVa | calc | |
| HyHyperliquid | VaVariational | 18.1% | −4.6% | 19.3% | −38.5% | 17.0% | 25.4% | 1.7d | cooling | $86k | 1h/8hspread not incl. | HyVa | calc | |
| MxMEXCCEX | ByBybitCEX | 10.1% | 7.4% | 19.1% | −27.0% | 15.2% | 22.8% | 2.9d | steady | $6.8M | MxBy | calc | ||
| ByBybitCEX | AsAster | 22.3% | 30.3% | 19.9% | 35.4% | 14.9% | 22.4% | 3.5d | steady | $92k | ByAs | calc | ||
| HyHyperliquid | ByBybitCEX | 32.2% | 6.7% | 20.1% | 1.4% | 14.8% | 22.3% | 3.6d | steady | $2.4M | 1h/8h | HyBy | calc | |
| BgBitgetCEX | VaVariational | −23.8% | 3.0% | 16.4% | −62.3% | 13.3% | 19.9% | 2.7d | cooling | $86k | spread not incl. | BgVa | calc | |
| BgBitgetCEX | ByBybitCEX | −9.8% | 14.2% | 17.2% | −22.4% | 11.2% | 16.8% | 4.9d | cooling | $3.0M | BgBy | calc | ||
| VaVariational | AsAster | 36.3% | 41.6% | 20.6% | 75.3% | 18.5% | 27.8% | 1.4d | steady | $86k | spread not incl. | VaAs | calc | |
| ExExtended | VaVariational | −3.8% | 2.4% | 18.6% | −83.8% | 17.3% | 25.9% | 1.0d | cooling | $11k | low OI1h/8hspread not incl. | ExVa | calc | |
| ExExtended | ByBybitCEX | 10.2% | 13.6% | 19.3% | −43.9% | 15.2% | 22.8% | 3.0d | steady | $11k | low OI1h/8h | ExBy | calc | |
| BnBinanceCEX | BgBitgetCEX | 20.0% | 0.9% | 7.4% | −6.6% | 1.6% | 2.4% | 11d | new | $3.0M | BnBg | calc | ||
| GtGateCEX | MxMEXCCEX | −18.3% | 14.8% | 5.9% | 2.1% | 1.0% | 1.5% | 12d | weak | $1.9M | GtMx | calc | ||
| GtGateCEX | BgBitgetCEX | 1.6% | 8.0% | 7.8% | −2.5% | 0.8% | 1.2% | 13d | steady | $1.9M | GtBg | calc | ||
| GtGateCEX | ExExtended | −18.4% | 8.6% | 5.7% | 19.0% | 0.5% | 0.7% | 13d | cooling | $11k | low OI8h/1h | GtEx | calc | |
| BnBinanceCEX | MxMEXCCEX | 0.1% | 7.7% | 3.8% | 0.8% | 0.1% | 0.2% | 14d | new | $6.8M | BnMx | calc | ||
| BnBinanceCEX | ExExtended | 0.0% | 1.5% | 3.5% | 37.1% | −0.4% | −0.6% | 16d | mixed | $11k | low OI8h/1h | BnEx | calc | |
| MxMEXCCEX | BgBitgetCEX | 19.9% | −6.8% | 1.9% | −4.6% | −2.3% | −3.4% | 31d | weak | $3.0M | MxBg | calc | ||
| GtGateCEX | BnBinanceCEX | −18.4% | 7.1% | 4.3% | 3.2% | −2.3% | −3.4% | 21d | new | $1.9M | GtBn | calc | ||
| HyHyperliquid | BnBinanceCEX | 22.0% | −8.5% | 3.6% | 48.6% | −1.4% | −2.1% | 19d | mixed | $2.4M | 1h/8h | HyBn | calc | |
| VaVariational | ByBybitCEX | 14.0% | 11.2% | 0.8% | 39.9% | −2.1% | −3.2% | 53d | mixed | $86k | spread not incl. | VaBy | calc | |
| HyHyperliquid | MxMEXCCEX | 22.0% | −0.8% | 1.0% | 28.4% | −2.4% | −3.6% | 49d | mixed | $2.4M | 1h/8h | HyMx | calc | |
| HyHyperliquid | BgBitgetCEX | 42.0% | −7.5% | 2.9% | 23.8% | −2.6% | −3.9% | 27d | mixed | $2.4M | 1h/8h | HyBg | calc | |
| GtGateCEX | HyHyperliquid | −40.3% | 15.5% | 5.0% | −26.3% | −1.3% | −1.9% | 18d | spike ×4.9 | $1.9M | 8h/1h | GtHy | calc | |
| ExExtended | MxMEXCCEX | 0.1% | 6.2% | 0.3% | −16.9% | −2.1% | −3.1% | 129d | mixed | $11k | low OI1h/8h | ExMx | calc | |
| ExExtended | BgBitgetCEX | 20.0% | −0.6% | 2.2% | −21.5% | −2.3% | −3.4% | 29d | mixed | $11k | low OI1h/8h | ExBg | calc | |
| HyHyperliquid | ExExtended | 21.9% | −7.0% | 0.7% | 45.3% | −2.9% | −4.4% | 71d | mixed | $11k | low OI | HyEx | calc | |
| BnBinanceCEX | GtGateCEX | 18.4% | −7.1% | −4.3% | −3.2% | −10.8% | −16.2% | — | mixed | $1.9M | BnGt | calc | ||
| MxMEXCCEX | GtGateCEX | 18.3% | −14.8% | −5.9% | −2.1% | −10.9% | −16.3% | — | mixed | $1.9M | MxGt | calc | ||
| HyHyperliquid | GtGateCEX | 40.3% | −15.5% | −5.0% | 26.3% | −11.2% | −16.8% | — | mixed | $1.9M | 1h/8h | HyGt | calc | |
| ExExtended | BnBinanceCEX | 0.0% | −1.5% | −3.5% | −37.1% | −7.4% | −11.2% | — | mixed | $11k | low OI1h/8h | ExBn | calc | |
| VaVariational | MxMEXCCEX | 3.9% | 3.8% | −18.3% | 66.9% | −19.4% | −29.1% | — | mixed | $86k | spread not incl. | VaMx | calc | |
| VaVariational | BgBitgetCEX | 23.8% | −3.0% | −16.4% | 62.3% | −19.5% | −29.3% | — | mixed | $86k | spread not incl. | VaBg | calc | |
| ExExtended | GtGateCEX | 18.4% | −8.6% | −5.7% | −19.0% | −10.9% | −16.3% | — | mixed | $11k | low OI1h/8h | ExGt | calc | |
| ByBybitCEX | BgBitgetCEX | 9.8% | −14.2% | −17.2% | 22.4% | −23.2% | −34.8% | — | mixed | $3.0M | ByBg | calc | ||
| VaVariational | GtGateCEX | 22.2% | −11.0% | −24.3% | 64.8% | −28.2% | −42.3% | — | mixed | $86k | spread not incl. | VaGt | calc | |
| VaVariational | BnBinanceCEX | 3.8% | −3.9% | −25.8% | 93.2% | −28.4% | −42.6% | — | mixed | $86k | spread not incl. | VaBn | calc | |
| ByBybitCEX | GtGateCEX | 8.2% | −22.2% | −25.0% | 24.9% | −31.8% | −47.7% | — | mixed | $1.9M | ByGt | calc | ||
| VaVariational | ExExtended | 3.8% | −2.4% | −18.6% | 83.8% | −19.9% | −29.8% | — | mixed | $11k | low OI8h/1hspread not incl. | VaEx | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 02:27 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on MEXC at 0.06474, sell on Variational at 0.065067: 0.504% before fees, 0.464% after taker fees.
| Buy ↓ · Sell → | VaVariational0.065067 | AsAster0.0649 | BgBitget0.06487 | GtGate0.06485 | HyHyperliquid0.064824 | BnBinance0.06482 | ByBybit0.0648 | ExExtended0.0647894 | MxMEXC0.06474 |
|---|---|---|---|---|---|---|---|---|---|
| MxMEXC0.06474 | 0.504% | 0.247% | 0.201% | 0.170% | 0.130% | 0.123% | 0.093% | 0.076% | — |
| ExExtended0.0647894 | 0.428% | 0.171% | 0.124% | 0.094% | 0.053% | 0.047% | 0.016% | — | −0.076% |
| ByBybit0.0648 | 0.411% | 0.154% | 0.108% | 0.077% | 0.037% | 0.031% | — | −0.016% | −0.093% |
| BnBinance0.06482 | 0.380% | 0.123% | 0.077% | 0.046% | 0.006% | — | −0.031% | −0.047% | −0.123% |
| HyHyperliquid0.064824 | 0.374% | 0.117% | 0.071% | 0.040% | — | −0.006% | −0.037% | −0.053% | −0.130% |
| GtGate0.06485 | 0.334% | 0.077% | 0.031% | — | −0.040% | −0.046% | −0.077% | −0.094% | −0.170% |
| BgBitget0.06487 | 0.303% | 0.046% | — | −0.031% | −0.071% | −0.077% | −0.108% | −0.124% | −0.201% |
| AsAster0.0649 | 0.257% | — | −0.046% | −0.077% | −0.117% | −0.123% | −0.154% | −0.171% | −0.247% |
| VaVariational0.065067 | — | −0.257% | −0.303% | −0.334% | −0.374% | −0.380% | −0.411% | −0.428% | −0.504% |
All quotes (9)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.0649 | 0.0649 | mark | 7m | $36k | no FX |
| BnBinanceCEX | 0.06482 | 0.06482 | mark | 6m | $42.3M | no FX |
| BgBitgetCEX | 0.06487 | 0.06487 | mark | 6m | $3.1M | no FX |
| ByBybitCEX | 0.0648 | 0.0648 | mark | 6m | $16.3M | no FX |
| ExExtended | 0.0647894 | 0.0647894 | mark | 7m | $82k | |
| GtGateCEX | 0.06485 | 0.06485 | mark | 6m | $4.7M | no FX |
| HyHyperliquid | 0.064824 | 0.064824 | mark | 7m | $1.6M | |
| MxMEXCCEX | 0.06474 | 0.06474 | mark | 5m | $5.8M | no FX |
| VaVariational | 0.065067 | 0.065067 | mark | 7m | $213k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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