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SAND funding rate

SAND funding is −0.0238% per 8 hours on Bybit and +0.0100% on Hyperliquid, whose rate is paid every hour (shown here as the hourly rate times 8).

SAND funding now

Snapshot of 28 Oct 2026, 16:07 UTC. Rates come from public exchange data and refresh every 30 minutes.

Bybit, per 8 hours
−0.0238%
Hyperliquid, per 8 hours
+0.0100%
Bybit, annualized
−26.0%
Hyperliquid, annualized
+10.9%
Difference, per 8 hours
+0.0338 points
Bybit funding interval
8 hours
Open interest, Bybit
$5.39M
Open interest, Hyperliquid
$1.03M
Last price
0.04787 Bybit

In numbers

Annualized that is −26.0% on Bybit and +10.9% on Hyperliquid: on Bybit shorts pay longs, on Hyperliquid longs pay shorts.

Hyperliquid sits 0.0338 percentage points above Bybit per 8 hours. The two venues point in opposite directions.

Among the 194 assets with a Bybit rate, SAND ranks number 170 from the highest.

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