BANDUSDT perpetual

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

BANDUSDT is a USDT-margined perpetual on Binance, marked at 0.2236 USDT inside a 24-hour band of 0.2187–0.2260 (1.87%). Open interest is 6,285,793.4 BAND, about 1.41M USDT in live exposure, against 875,501 USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.00002236 USDT per BAND held.

Mark price	0.2236 USDT
24h range	0.2187 – 0.2260 USDT
24h change	1.87%
24h volume	875,501 USDT
Open interest	6,285,793.4 BAND
Open interest value	1.41M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 22.361360 BAND
Quantity step	0.1 BAND ≈ 0.02236 USDT
Price tick	0.0001 USDT (0.04472% 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 0.62× the 1.41M USDT sitting in open positions.
Bybit caps this contract at 20×, so initial margin starts near 5.00% of notional — 0.01118 USDT per BAND.
Binance caps each settlement at ±2.00% — at most 0.004472 USDT per BAND, 2,190% annualised.

FAQ

BANDUSDT questions

Binance requires 5 USDT of notional, which at 0.2236 USDT is 22.361360 BAND; size then moves in steps of 0.1 BAND.

Every 8 hours. The current rate is 0.0100% — 0.00002236 USDT per BAND per settlement, 10.95% a year if it holds.

Open interest is 6,285,793.4 BAND (1.41M USDT) with 875,501 USDT changing hands over 24 hours.

Bybit allows up to 20×, putting initial margin around 5.00% of position value — 0.01118 USDT per BAND at the current mark.

Run your own rules on BANDUSDT