BNBUSDC perpetual

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

BNBUSDC is a USDC-margined perpetual on Binance, marked at 786.17 USDC inside a 24-hour band of 764.90–793.42 (2.65%). Open interest is 70,404.97 BNB, about 55.35M USDC in live exposure, against 55.54M USDC traded in 24 hours. Funding settles every 8 hours at 0.0106%, 0.08337 USDC per BNB held.

Mark price	786.17 USDC
24h range	764.90 – 793.42 USDC
24h change	2.65%
24h volume	55.54M USDC
Open interest	70,404.97 BNB
Open interest value	55.35M USDC
Funding rate	0.0106% / 8h
Minimum order	5 USDC ≈ 0.006360 BNB
Quantity step	0.01 BNB ≈ 7.862 USDC
Price tick	0.010 USDC (0.00127% of mark)

At 0.0106% the long pays the short: a 10,000 USDC position moves 1.0605 USDC every 8 hours, 3.181 USDC a day, 11.61% a year.
Daily turnover runs 1.00× the 55.35M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 78.62 USDC per BNB.
Binance caps each settlement at ±0.38% — at most 2.948 USDC per BNB, 411% annualised.
Hyperliquid shows 62,115.33 BNB of open interest here, 0.88× Binance's 70,404.97 BNB.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 11.61% · Hyperliquid 10.95%. The gap is 0.66 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

FAQ

BNBUSDC questions

Binance requires 5 USDC of notional, which at 786.17 USDC is 0.006360 BNB; size then moves in steps of 0.01 BNB.

Every 8 hours. The current rate is 0.0106% — 0.08337 USDC per BNB per settlement, 11.61% a year if it holds.

Open interest is 70,404.97 BNB (55.35M USDC) with 55.54M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 78.62 USDC per BNB at the current mark.

Run your own rules on BNBUSDC