1000SHIBUSDC perpetual

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

1000SHIBUSDC is a USDC-margined perpetual on Binance, marked at 0.005735 USDC inside a 24-hour band of 0.005589–0.005763 (2.30%). Open interest is 267,307,906 1000SHIB, about 1.53M USDC in live exposure, against 1.45M USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0000005735 USDC per 1000SHIB held.

Mark price	0.005735 USDC
24h range	0.005589 – 0.005763 USDC
24h change	2.30%
24h volume	1.45M USDC
Open interest	267,307,906 1000SHIB
Open interest value	1.53M USDC
Funding rate	0.0100% / 8h
Minimum order	5 USDC ≈ 871.839582 1000SHIB
Quantity step	1 1000SHIB ≈ 0.005735 USDC
Price tick	0.0000010 USDC (0.01744% 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 0.95× the 1.53M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.0005735 USDC per 1000SHIB.
Binance caps each settlement at ±0.49% — at most 0.00002796 USDC per 1000SHIB, 534% annualised.
Hyperliquid shows 575,390,532 1000SHIB of open interest here, 2.15× Binance's 267,307,906 1000SHIB.

FAQ

1000SHIBUSDC questions

Binance requires 5 USDC of notional, which at 0.005735 USDC is 871.839582 1000SHIB; size then moves in steps of 1 1000SHIB.

Every 8 hours. The current rate is 0.0100% — 0.0000005735 USDC per 1000SHIB per settlement, 10.95% a year if it holds.

Open interest is 267,307,906 1000SHIB (1.53M USDC) with 1.45M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.0005735 USDC per 1000SHIB at the current mark.

Run your own rules on 1000SHIBUSDC