BTCUSDC perpetual

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

BTCUSDC is a USDC-margined perpetual on Binance, marked at 64,859.3 USDC inside a 24-hour band of 63,174.3–64,934.5 (0.90%). Open interest is 18,970.826 BTC, about 1.23B USDC in live exposure, against 3.12B USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 6.486 USDC per BTC held.

Mark price	64,859.3 USDC
24h range	63,174.3 – 64,934.5 USDC
24h change	0.90%
24h volume	3.12B USDC
Open interest	18,970.826 BTC
Open interest value	1.23B USDC
Funding rate	0.0100% / 8h
Minimum order	50 USDC ≈ 0.000771 BTC
Quantity step	0.001 BTC ≈ 64.86 USDC
Price tick	0.1 USDC (0.00015% of mark)

At 0.0100% the long pays the short: a 10,000 USDC position moves 1.0000 USDC every 8 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 2.54× the 1.23B USDC sitting in open positions.
Hyperliquid caps this contract at 40×, so initial margin starts near 2.50% of notional — 1,621 USDC per BTC.
Binance caps each settlement at ±0.30% — at most 194.6 USDC per BTC, 328% annualised.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 10.95% · Hyperliquid 3.98%. The gap is 6.97 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

BTCUSDC questions

What is the smallest BTCUSDC position?

Binance requires 50 USDC of notional, which at 64,859.3 USDC is 0.000771 BTC; size then moves in steps of 0.001 BTC.

How often does BTCUSDC funding settle?

Every 8 hours. The current rate is 0.0100% — 6.486 USDC per BTC per settlement, 10.95% a year if it holds.

How liquid is BTCUSDC right now?

Open interest is 18,970.826 BTC (1.23B USDC) with 3.12B USDC changing hands over 24 hours.

What leverage is available on BTCUSDC?

Hyperliquid allows up to 40×, putting initial margin around 2.50% of position value — 1,621 USDC per BTC at the current mark.

Run your own rules on BTCUSDC