1000SHIBUSDT perpetual

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

1000SHIBUSDT is a USDT-margined perpetual on Binance, marked at 0.005734 USDT inside a 24-hour band of 0.005590–0.005766 (2.34%). Open interest is 5,179,100,413 1000SHIB, about 29.70M USDT in live exposure, against 20.37M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0000005734 USDT per 1000SHIB held.

Mark price	0.005734 USDT
24h range	0.005590 – 0.005766 USDT
24h change	2.34%
24h volume	20.37M USDT
Open interest	5,179,100,413 1000SHIB
Open interest value	29.70M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 871.997712 1000SHIB
Quantity step	1 1000SHIB ≈ 0.005734 USDT
Price tick	0.000001 USDT (0.01744% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 0.69× the 29.70M USDT sitting in open positions.
OKX caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.0001147 USDT per 1000SHIB.
Binance caps each settlement at ±0.49% — at most 0.00002795 USDT per 1000SHIB, 534% annualised.
Hyperliquid shows 575,390,532 1000SHIB of open interest here, 0.11× Binance's 5,179,100,413 1000SHIB.

FAQ

1000SHIBUSDT questions

Binance requires 5 USDT of notional, which at 0.005734 USDT is 871.997712 1000SHIB; size then moves in steps of 1 1000SHIB.

Every 8 hours. The current rate is 0.0100% — 0.0000005734 USDT per 1000SHIB per settlement, 10.95% a year if it holds.

Open interest is 5,179,100,413 1000SHIB (29.70M USDT) with 20.37M USDT changing hands over 24 hours.

OKX allows up to 50×, putting initial margin around 2.00% of position value — 0.0001147 USDT per 1000SHIB at the current mark.

Run your own rules on 1000SHIBUSDT