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SAND — funding rate on Bitget
Bitget · SANDUSDT-0.003%per 8h · -0.000%/hlongs receive
last settlement+0.010%→upcoming payout-0.003%• unchanged
2:54:03settlement
0calmheat
Price (mark)
0.04256
+1.8% 24h
Vol 24h
$1.6M
Open interest
$1.6M
Price move in 2 min
—
avg 7d
-0.001%/h
avg 30d
-0.008%/h
Price and skew
Liquidations
24h$19K
$19K longs$140 shorts
Longs were wiped — 99% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 10h 23m, the peak usually lands at minute 197.5–202.5
median across 4 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 2 of 4 cases
median — 1.20% accrued against a 2.42% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.07 · $0.01/hour
- Net snipe per settlement
- $-3.93 = 0.003% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.02×needs 0.160%+ per settlement
- Liquidation price
- 0.034261 (−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 (10)
before cut-off · 5m · the snipe window (10)
avg+0.06% | -0.85%
max-2.18%
after · 5m
avg+0.40% | -0.84%
max-3.12%
before cut-off · 15m
avg+0.43% | -1.55%
max-1.84%
after · 15m
avg+1.35% | -1.48%
max+3.06%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 19.10 08:00 | -0.716% | -1.84% | -0.84% |
| 18.10 16:00 | -0.400% | -1.15% | +0.92% |
| 18.10 08:00 | -1.179% | +0.43% | -2.41% |
| 04.10 00:00 | -0.506% | +0.11% | -2.32% |
| 03.10 16:00 | -0.543% | +0.72% | -0.04% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 10 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 270 settlements
SAND on 5 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
| Bybit | +0.005% / 8h | +0.001%/h | shorts | -0.155% |
| OKX | -0.002% / 4h | -0.001%/h | longs | -0.158% |
| Bitget ← you are here | -0.003% / 8h | -0.000%/h | longs | -0.157% |
| Binance | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Bybit+0.001%/h
shortsrate +0.005% / 8hsnipe -0.155%
OKX-0.001%/h
longsrate -0.002% / 4hsnipe -0.158%
Bitget← you are here-0.000%/h
longsrate -0.003% / 8hsnipe -0.157%
Binance0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.001%/h
SAND across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
5 exchanges on one timeline
Bitgetevery 8hHyperliquidevery 1hBinanceevery 8hBybitevery 8hOKXevery 4hrate 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
0.0033%/h
widest spread
0.0131%/h
05.11 02:00 UTC · Binance ↔ 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 long 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 long 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.