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SAND — funding rate on Bitget
Bitget · SANDUSDT+0.010%per 8h · +0.001%/hshorts receive
last settlement+0.010%→upcoming payout+0.010%• unchanged
3:58:02settlement
0calmheat
Price (mark)
0.04278
+5.9% 24h
Vol 24h
$388K
Open interest
$1.7M
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.005%/h
Price and skew
Liquidations
24h$76
$76 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.25 · $0.03/hour
- Net snipe per settlement
- $-3.75 = 0.010% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.06×needs 0.160%+ per settlement
- Liquidation price
- 0.051122 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (2)
before cut-off · 5m · the snipe window (2)
avg+0.06%
max+0.08%
after · 5m
avg+0.31% | -0.13%
max+0.31%
before cut-off · 15m
avg+0.19%
max+0.23%
after · 15m
avg+0.57% | -0.23%
max+0.57%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 30.08 00:00 | -0.402% | +0.23% | -0.23% |
| 29.08 16:00 | -0.872% | +0.16% | +0.57% |
Context and comparison
Funding history · 270 settlements
SAND on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bitget ← you are here | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Binance | +0.009% / 8h | +0.001%/h | shorts | -0.151% |
| Bybit | -0.002% / 8h | -0.000%/h | longs | -0.158% |
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bitget← you are here+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Binance+0.001%/h
shortsrate +0.009% / 8hsnipe -0.151%
Bybit-0.000%/h
longsrate -0.002% / 8hsnipe -0.158%
Max spread across exchanges: +0.002%/h
SAND across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 8hBinanceevery 8hBybitevery 8hHyperliquidevery 1hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0009%/h
widest spread
0.0110%/h
22.09 09:00 UTC · Bybit ↔ Hyperliquid
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.