SAND funding rates and arbitrage

SAND perpetuals trade on 16 contracts across 16 venues, forming 120 cross-venue arbitrage pairs. By net APR the current best pair is long Gate against short Bybit, netting +275.17%, though note the legs settle on different cadences (8h / 1h)ใ€‚

SAND perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BinanceSANDUSDTUSDT8h-0.2238%-245.07%-513.46%$102.0M0.05838
OKXSAND-USDT-SWAPUSDT4h-0.0946%-207.07%-520.51%$77.4M0.05840
LBankSANDUSDTUSDT8h-0.2238%-245.06%-513.58%$53.8M0.05837
BybitSANDUSDTUSDT1h0.0013%+10.95%-623.75%$42.0M0.05849
MEXCSAND_USDTUSDT8h-0.2237%-244.95%-513.49%$10.1M0.05836
GateSAND_USDTUSDT8h-0.2413%-264.22%-577.56%$9.5M0.05839
BitgetSANDUSDTUSDT8h-0.2328%-254.92%-526.83%$5.1M0.05834
WhiteBITSAND_PERPUSDT8h0.0100%+10.95%-436.94%$4.8M0.05844
BingXSAND-USDTUSDT8h-0.2211%-242.10%-503.92%$4.1M0.05839
HyperliquidSANDUSDC1h-0.0148%-129.87%-510.65%$3.9M0.05837
KuCoinSANDUSDTMUSDT8h-0.1692%-185.27%-450.50%$2.1M0.05838
KrakenPF_SANDUSDUSD1h-0.0224%-195.98%-571.34%$1.0M0.05839
AsterSANDUSDTUSDT8h-0.2023%-221.56%-472.90%$339K0.05840
Crypto.comSANDUSD-PERPUSD4h-0.0154%-33.64%-129.23%$231K0.05851
BitfinextSANDF0:USTF0USDT8h-0.2157%-236.17%-269.84%$30K0.05849
CoinbaseSAND-PERPUSDC1h-0.0129%-113.00%-113.00%$5K0.04105

SAND cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Gate USDTBybit USDT+275.17%0.7539%-46.19%8h / 1h$9.5M
Gate USDTWhiteBIT USDT+275.17%0.7539%+140.61%8h matched$4.8M
Bitget USDTBybit USDT+265.87%0.7284%-96.91%8h / 1h$5.1M
Bitget USDTWhiteBIT USDT+265.87%0.7284%+89.89%8h matched$4.8M
Binance USDTBybit USDT+256.02%0.7014%-110.28%8h / 1h$42.0M
Binance USDTWhiteBIT USDT+256.02%0.7014%+76.52%8h matched$4.8M
LBank USDTBybit USDT+256.01%0.7014%-110.17%8h / 1h$42.0M
LBank USDTWhiteBIT USDT+256.01%0.7014%+76.63%8h matched$4.8M
MEXC USDTBybit USDT+255.90%0.7011%-110.26%8h / 1h$10.1M
MEXC USDTWhiteBIT USDT+255.90%0.7011%+76.54%8h matched$4.8M
BingX USDTBybit USDT+253.05%0.6933%-119.83%8h / 1h$4.1M
BingX USDTWhiteBIT USDT+253.05%0.6933%+66.97%8h matched$4.1M

The Sandbox project profile

Key facts
Total
3.00B
Max supply
3.00B
Type
Token
Market cap rank
#202
Gaming (GameFi)NFTMetaversePolygon EcosystemPlay To EarnEthereum EcosystemAnimoca Brands PortfolioBase Ecosystem
Contract addresses
ethereum0x3845badade8e6dff049820680d1f14bd3903a5d0
base0xac531eb26ca1d21b85126de8fb87e80e09002dcf
polygon0xbbba073c31bf03b8acf7c28ef0738decf3695683
About

The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. SAND is the utility token used throughout The Sandbox ecosystem as the basis of transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain. There is a finite supply of 3,000,000,000 SAND.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 18:18 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.