BANDUSDT perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-07-30 12:26:48 UTC

BANDUSDT is a USDT-margined perpetual on Binance, marked at 0.1519 USDT inside a 24-hour band of 0.1418–0.1564 (3.76%). Open interest is 6,000,416.6 BAND, about 911,163 USDT in live exposure, against 1.20M USDT traded in 24 hours. Funding settles every 8 hours at -0.0311%, 0.00004721 USDT per BAND held.

Mark price	0.1519 USDT
24h range	0.1418 – 0.1564 USDT
24h change	3.76%
24h volume	1.20M USDT
Open interest	6,000,416.6 BAND
Open interest value	911,163 USDT
Funding rate	-0.0311% / 8h
Minimum order	5 USDT ≈ 32.927231 BAND
Quantity step	0.1 BAND ≈ 0.01519 USDT
Price tick	0.0001 USDT (0.06585% of mark)

At -0.0311% the short pays the long: a 10,000 USDT position moves 3.1093 USDT every 8 hours, 9.328 USDT a day, 34.05% a year.
Daily turnover runs 1.32× the 911,163 USDT sitting in open positions.
Bybit caps this contract at 5×, so initial margin starts near 20.00% of notional — 0.03037 USDT per BAND.
Binance caps each settlement at ±2.00% — at most 0.003037 USDT per BAND, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8-hour cycle: Binance -34.05% · Bybit -81.26% · OKX -32.54%. The gap is 48.72 points — Bybit is the cheapest venue to hold a long here, OKX the dearest.

BANDUSDT questions

What is the smallest BANDUSDT position?

Binance requires 5 USDT of notional, which at 0.1519 USDT is 32.927231 BAND; size then moves in steps of 0.1 BAND.

How often does BANDUSDT funding settle?

Every 8 hours. The current rate is -0.0311% — 0.00004721 USDT per BAND per settlement, 34.05% a year if it holds.

How liquid is BANDUSDT right now?

Open interest is 6,000,416.6 BAND (911,163 USDT) with 1.20M USDT changing hands over 24 hours.

What leverage is available on BANDUSDT?

Bybit allows up to 5×, putting initial margin around 20.00% of position value — 0.03037 USDT per BAND at the current mark.

Run your own rules on BANDUSDT