1000PEPEUSDC perpetual

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

1000PEPEUSDC is a USDC-margined perpetual on Binance, marked at 0.0043119 USDC inside a 24-hour band of 0.0041573–0.0043303 (3.21%). Open interest is 825,768,546 1000PEPE, about 3.56M USDC in live exposure, against 6.11M USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0000004312 USDC per 1000PEPE held.

Mark price	0.0043119 USDC
24h range	0.0041573 – 0.0043303 USDC
24h change	3.21%
24h volume	6.11M USDC
Open interest	825,768,546 1000PEPE
Open interest value	3.56M USDC
Funding rate	0.0100% / 8h
Minimum order	5 USDC ≈ 1,159.581623 1000PEPE
Quantity step	1 1000PEPE ≈ 0.004312 USDC
Price tick	0.0000001 USDC (0.00232% of mark)

At 0.0100% the long pays the short: a 10,000 USDC position moves 1.0000 USDC every 8 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 1.72× the 3.56M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.0004312 USDC per 1000PEPE.
Binance caps each settlement at ±2.00% — at most 0.00008624 USDC per 1000PEPE, 2,190% annualised.
Hyperliquid shows 7,270,834,024 1000PEPE of open interest here, 8.80× Binance's 825,768,546 1000PEPE.

FAQ

1000PEPEUSDC questions

Binance requires 5 USDC of notional, which at 0.0043119 USDC is 1,159.581623 1000PEPE; size then moves in steps of 1 1000PEPE.

Every 8 hours. The current rate is 0.0100% — 0.0000004312 USDC per 1000PEPE per settlement, 10.95% a year if it holds.

Open interest is 825,768,546 1000PEPE (3.56M USDC) with 6.11M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.0004312 USDC per 1000PEPE at the current mark.

Run your own rules on 1000PEPEUSDC