The Sandbox funding rate: crowded long or short?
According to EnsoTrade, SAND funding is +0.0015%/8h — longs are paying shorts (+0.0015%/8h), a crowded-long tilt.
Source: EnsoTrade · as of 2026-10-15T04:10:00Z · 15-min delayed (real-time free with a 3-day trial).
SAND funding & positioning
| Funding rate (8h) | +0.00148% |
|---|
| Crowding | longs are paying shorts (+0.0015%/8h), a crowded-long tilt |
|---|
| Open interest | $3.73M |
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| Perp basis | +0.0557% |
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See The Sandbox funding live on EnsoTrade →
How to read The Sandbox funding
A positive funding rate means The Sandbox longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why The Sandbox is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the The Sandbox funding rate right now?
- According to EnsoTrade, SAND funding is +0.0015%/8h — longs are paying shorts (+0.0015%/8h), a crowded-long tilt.
- Is The Sandbox crowded long or short?
- The Sandbox: longs are paying shorts (+0.0015%/8h), a crowded-long tilt.
- What is The Sandbox perp basis?
- The Sandbox perp basis is +0.0557% (futures above spot, leveraged long demand).
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