BATUSDT perpetual

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

BATUSDT is a USDT-margined perpetual on Binance, marked at 0.09519 USDT inside a 24-hour band of 0.09200–0.10097 (3.03%). Open interest is 29,912,360.9 BAT, about 2.85M USDT in live exposure, against 7.30M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.000009519 USDT per BAT held.

Mark price	0.09519 USDT
24h range	0.09200 – 0.10097 USDT
24h change	3.03%
24h volume	7.30M USDT
Open interest	29,912,360.9 BAT
Open interest value	2.85M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 52.526465 BAT
Quantity step	0.1 BAT ≈ 0.009519 USDT
Price tick	0.000010 USDT (0.01051% 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 2.56× the 2.85M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.003808 USDT per BAT.
Binance caps each settlement at ±2.00% — at most 0.001904 USDT per BAT, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8-hour cycle: Binance 10.95% · Bybit -1.14% · OKX 10.95%. The gap is 12.09 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

BATUSDT questions

Binance requires 5 USDT of notional, which at 0.09519 USDT is 52.526465 BAT; size then moves in steps of 0.1 BAT.

Every 8 hours. The current rate is 0.0100% — 0.000009519 USDT per BAT per settlement, 10.95% a year if it holds.

Open interest is 29,912,360.9 BAT (2.85M USDT) with 7.30M USDT changing hands over 24 hours.

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.003808 USDT per BAT at the current mark.

Run your own rules on BATUSDT