ALGOUSDT perpetual

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

ALGOUSDT is a USDT-margined perpetual on Binance, marked at 0.13140 USDT inside a 24-hour band of 0.12412–0.13308 (5.27%). Open interest is 94,473,852.7 ALGO, about 12.41M USDT in live exposure, against 16.10M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.00001314 USDT per ALGO held.

Mark price	0.13140 USDT
24h range	0.12412 – 0.13308 USDT
24h change	5.27%
24h volume	16.10M USDT
Open interest	94,473,852.7 ALGO
Open interest value	12.41M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 38.052860 ALGO
Quantity step	0.1 ALGO ≈ 0.01314 USDT
Price tick	0.000010 USDT (0.00761% 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 1.30× the 12.41M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.001752 USDT per ALGO.
Binance caps each settlement at ±2.00% — at most 0.002628 USDT per ALGO, 2,190% annualised.
Hyperliquid shows 38,278,022.0 ALGO of open interest here, 0.41× Binance's 94,473,852.7 ALGO.

FAQ

ALGOUSDT questions

Binance requires 5 USDT of notional, which at 0.13140 USDT is 38.052860 ALGO; size then moves in steps of 0.1 ALGO.

Every 8 hours. The current rate is 0.0100% — 0.00001314 USDT per ALGO per settlement, 10.95% a year if it holds.

Open interest is 94,473,852.7 ALGO (12.41M USDT) with 16.10M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.001752 USDT per ALGO at the current mark.

Run your own rules on ALGOUSDT