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The Sandbox · SAND

The Sandbox Liquidation Price Calculator

Find the exact The Sandbox (SAND) price that liquidates your leveraged position. Prefilled with the live SAND price — set your leverage and direction.

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Result

Enter values to see the result.

Using the The Sandbox Liquidation Price Calculator

Leverage on SAND perpetuals turns a modest move into a total loss of margin. This calculator shows the SAND price at which your position gets force-closed, given your entry, your leverage and which side you are on. The entry field starts at the live SAND price so the distance to liquidation is a real number, not a hypothetical.

The rule of thumb: at N× leverage, roughly a 100/N percent move against you wipes the margin. At 10× that is about 10%; at 25× it is about 4%. SAND is down heavily from its 2021 peak and moves on metaverse and gaming headlines rather than on measured in-world activity. Compare that number honestly against the distance the calculator gives you before you place the order.

Two adjustments the raw formula does not make. Maintenance margin means liquidation triggers slightly before the theoretical zero — the field above lets you enter your exchange's rate. And on perpetuals you also pay funding, which slowly erodes margin on the crowded side of the trade and can pull the liquidation point closer over a long hold.

The Sandbox at a glance

Launched
Token 2020; land sales from 2019
Chain
Ethereum, with a Polygon deployment for cheaper transactions
Max supply
3,000,000,000 SAND — fully circulating
Role
Currency for LAND, assets and in-world services
Assets
LAND and items are NFTs, priced separately from SAND
Native staking
None active for holders

Frequently asked questions

At what price does my SAND long get liquidated?
Approximately your entry price × (1 − 1/leverage), adjusted for maintenance margin. A 10× SAND long is liquidated by roughly a 10% drop; a 20× long by roughly 5%. Enter your numbers above for the exact level.
Does adding margin move the SAND liquidation price?
Yes — adding margin to an isolated position lowers effective leverage and pushes the liquidation price further away. In cross margin your whole balance backs the position, which moves the level further out but puts the rest of your account at risk.
Why did I get liquidated before the price I calculated?
Three usual reasons: maintenance margin bites before the theoretical level, accumulated funding payments have eaten into your margin, and exchanges liquidate against the mark price (an index) rather than the last trade on that one venue — a wick on a single exchange can differ.
How is liquidation price calculated?
For an isolated long: liq ≈ entry × (1 − 1/leverage + maintenance margin). Higher leverage moves liquidation closer to your entry.
What is maintenance margin?
It's the minimum equity the exchange requires to keep a position open. Falling below it triggers liquidation.

More SAND calculators

📖 Learn more

Prefer the generic version without SAND presets? Open the Liquidation Price Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.