1000RATSUSDT perpetual

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

1000RATSUSDT is a USDT-margined perpetual on Binance, marked at 0.04110 USDT inside a 24-hour band of 0.04006–0.04155 (0.98%). Open interest is 265,940,528 1000RATS, about 10.93M USDT in live exposure, against 988,455 USDT traded in 24 hours. Funding settles every 4 hours at 0.0352%, 0.00001446 USDT per 1000RATS held.

Mark price	0.04110 USDT
24h range	0.04006 – 0.04155 USDT
24h change	0.98%
24h volume	988,455 USDT
Open interest	265,940,528 1000RATS
Open interest value	10.93M USDT
Funding rate	0.0352% / 4h
Minimum order	5 USDT ≈ 121.654501 1000RATS
Quantity step	1 1000RATS ≈ 0.04110 USDT
Price tick	0.0000100 USDT (0.02433% of mark)

At 0.0352% the long pays the short: a 10,000 USDT position moves 3.5178 USDT every 4 hours, 21.107 USDT a day, 77.04% a year.
Daily turnover runs 0.09× the 10.93M USDT sitting in open positions.
Bybit caps this contract at 20×, so initial margin starts near 5.00% of notional — 0.002055 USDT per 1000RATS.
Binance caps each settlement at ±2.00% — at most 0.0008220 USDT per 1000RATS, 4,380% annualised.

Annualised funding, each venue on its own 4/4-hour cycle: Binance 77.04% · Bybit 63.74%. The gap is 13.30 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

1000RATSUSDT questions

Binance requires 5 USDT of notional, which at 0.04110 USDT is 121.654501 1000RATS; size then moves in steps of 1 1000RATS.

Every 4 hours. The current rate is 0.0352% — 0.00001446 USDT per 1000RATS per settlement, 77.04% a year if it holds.

Open interest is 265,940,528 1000RATS (10.93M USDT) with 988,455 USDT changing hands over 24 hours.

Bybit allows up to 20×, putting initial margin around 5.00% of position value — 0.002055 USDT per 1000RATS at the current mark.

Run your own rules on 1000RATSUSDT