Exchange Funding Snapshot

SAND Funding Rate on Binance

Live SAND funding rate, annualized APR, model-adjusted apr, and Mirage context for Binance.

SAND funding on Binance is active, but the displayed annualized signal does not survive execution reality.

Funding rate
-0.0087%
Current periodic funding signal.
Advertised APR
-953.0%
Annualized from current funding conditions.
Model-Adjusted APR
-953.0%
Model-derived annualized estimate based on current funding conditions.
Mirage
0.0%
Aging snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Current snapshot is aging. Treat these values as reference context, not a live execution signal.
Interpretation

Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.

Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.

Metric breakdown

Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.

Funding interval
8h
Validation status
supported
Validation status for this public metric.
Survivability
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Half-life
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated May 27, 2026, 8:58 AM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
supported
Exchange Comparison

Compare SAND funding rates across other exchanges:

Frequently Asked Questions

SAND Funding on Binance FAQ

What is the current SAND funding rate on Binance?

The current SAND perpetual funding rate on Binance is -0.0087% per 8-hour interval, which annualizes to -953.0% APR under current market conditions.

When is the next SAND funding payment on Binance?

Binance settles SAND perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the survivable SAND funding APR on Binance?

After applying model adjustments for execution costs, decay, and crowding, the SAND survivable APR on Binance is approximately -953.0%. The Mirage component (0.0%) represents yield that may not survive real trading conditions.

How does SAND funding on Binance compare to other exchanges?

Current SAND funding comparison: Bybit: -348.2% advertised, -348.2% adjusted; OKX: -853.0% advertised, -853.0% adjusted. Binance offers -953.0% advertised and -953.0% model-adjusted APR.

How reliable is the SAND funding data on Binance?

The SAND funding metrics on Binance have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.

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