1000BONKUSDC perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-10-03 21:16:58 UTC

1000BONKUSDC is a USDC-margined perpetual on Binance, marked at 0.003802 USDC inside a 24-hour band of 0.003532–0.003870 (6.95%). Open interest is 414,829,324 1000BONK, about 1.58M USDC in live exposure, against 1.84M USDC traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0000001901 USDC per 1000BONK held.

Mark price	0.003802 USDC
24h range	0.003532 – 0.003870 USDC
24h change	6.95%
24h volume	1.84M USDC
Open interest	414,829,324 1000BONK
Open interest value	1.58M USDC
Funding rate	0.0050% / 4h
Minimum order	5 USDC ≈ 1,315.097317 1000BONK
Quantity step	1 1000BONK ≈ 0.003802 USDC
Price tick	0.0000010 USDC (0.02630% of mark)

At 0.0050% the long pays the short: a 10,000 USDC position moves 0.5000 USDC every 4 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 1.16× the 1.58M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.0003802 USDC per 1000BONK.
Binance caps each settlement at ±2.00% — at most 0.00007604 USDC per 1000BONK, 4,380% annualised.
Hyperliquid shows 3,624,414,364 1000BONK of open interest here, 8.74× Binance's 414,829,324 1000BONK.

FAQ

1000BONKUSDC questions

Binance requires 5 USDC of notional, which at 0.003802 USDC is 1,315.097317 1000BONK; size then moves in steps of 1 1000BONK.

Every 4 hours. The current rate is 0.0050% — 0.0000001901 USDC per 1000BONK per settlement, 10.95% a year if it holds.

Open interest is 414,829,324 1000BONK (1.58M USDC) with 1.84M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.0003802 USDC per 1000BONK at the current mark.

Run your own rules on 1000BONKUSDC