BNBUSDC perpetual

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

BNBUSDC is a USDC-margined perpetual on Binance, marked at 587.96 USDC inside a 24-hour band of 565.11–591.10 (3.33%). Open interest is 69,007.48 BNB, about 40.57M USDC in live exposure, against 55.43M USDC traded in 24 hours. Funding settles every 8 hours at 0.0101%, 0.05930 USDC per BNB held.

Mark price	587.96 USDC
24h range	565.11 – 591.10 USDC
24h change	3.33%
24h volume	55.43M USDC
Open interest	69,007.48 BNB
Open interest value	40.57M USDC
Funding rate	0.0101% / 8h
Minimum order	5 USDC ≈ 0.008504 BNB
Quantity step	0.01 BNB ≈ 5.880 USDC
Price tick	0.010 USDC (0.00170% of mark)

At 0.0101% the long pays the short: a 10,000 USDC position moves 1.0086 USDC every 8 hours, 3.026 USDC a day, 11.04% a year.
Daily turnover runs 1.37× the 40.57M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 58.80 USDC per BNB.
Binance caps each settlement at ±0.38% — at most 2.205 USDC per BNB, 411% annualised.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 11.04% · Hyperliquid 10.95%. The gap is 0.09 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

BNBUSDC questions

What is the smallest BNBUSDC position?

Binance requires 5 USDC of notional, which at 587.96 USDC is 0.008504 BNB; size then moves in steps of 0.01 BNB.

How often does BNBUSDC funding settle?

Every 8 hours. The current rate is 0.0101% — 0.05930 USDC per BNB per settlement, 11.04% a year if it holds.

How liquid is BNBUSDC right now?

Open interest is 69,007.48 BNB (40.57M USDC) with 55.43M USDC changing hands over 24 hours.

What leverage is available on BNBUSDC?

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 58.80 USDC per BNB at the current mark.

Run your own rules on BNBUSDC