ARBUSDT perpetual

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

ARBUSDT is a USDT-margined perpetual on Binance, marked at 0.20107 USDT inside a 24-hour band of 0.19185–0.20431 (4.09%). Open interest is 289,678,168.9 ARB, about 58.25M USDT in live exposure, against 57.96M USDT traded in 24 hours. Funding settles every 8 hours at 0.0086%, 0.00001729 USDT per ARB held.

Mark price	0.20107 USDT
24h range	0.19185 – 0.20431 USDT
24h change	4.09%
24h volume	57.96M USDT
Open interest	289,678,168.9 ARB
Open interest value	58.25M USDT
Funding rate	0.0086% / 8h
Minimum order	5 USDT ≈ 24.866776 ARB
Quantity step	0.1 ARB ≈ 0.02011 USDT
Price tick	0.000010 USDT (0.00497% of mark)

At 0.0086% the long pays the short: a 10,000 USDT position moves 0.8597 USDT every 8 hours, 2.579 USDT a day, 9.41% a year.
Daily turnover runs 1.00× the 58.25M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.004021 USDT per ARB.
Binance caps each settlement at ±2.00% — at most 0.004021 USDT per ARB, 2,190% annualised.
Hyperliquid shows 118,410,375.4 ARB of open interest here, 0.41× Binance's 289,678,168.9 ARB.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 9.41% · Bybit 8.64% · OKX 10.95% · Hyperliquid 10.95%. The gap is 2.31 points — Bybit is the cheapest venue to hold a long here, OKX the dearest.

FAQ

ARBUSDT questions

Binance requires 5 USDT of notional, which at 0.20107 USDT is 24.866776 ARB; size then moves in steps of 0.1 ARB.

Every 8 hours. The current rate is 0.0086% — 0.00001729 USDT per ARB per settlement, 9.41% a year if it holds.

Open interest is 289,678,168.9 ARB (58.25M USDT) with 57.96M USDT changing hands over 24 hours.

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.004021 USDT per ARB at the current mark.

Run your own rules on ARBUSDT