BTCUSDC perpetual

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

BTCUSDC is a USDC-margined perpetual on Binance, marked at 84,636.0 USDC inside a 24-hour band of 84,358.0–84,979.0 (0.24%). Open interest is 19,546.039 BTC, about 1.65B USDC in live exposure, against 917.93M USDC traded in 24 hours. Funding settles every 8 hours at -0.0014%, 1.199 USDC per BTC held.

Mark price	84,636.0 USDC
24h range	84,358.0 – 84,979.0 USDC
24h change	0.24%
24h volume	917.93M USDC
Open interest	19,546.039 BTC
Open interest value	1.65B USDC
Funding rate	-0.0014% / 8h
Minimum order	50 USDC ≈ 0.000591 BTC
Quantity step	0.001 BTC ≈ 84.64 USDC
Price tick	0.1 USDC (0.00012% of mark)

At -0.0014% the short pays the long: a 10,000 USDC position moves 0.1417 USDC every 8 hours, 0.425 USDC a day, 1.55% a year.
Daily turnover runs 0.55× the 1.65B USDC sitting in open positions.
Hyperliquid caps this contract at 40×, so initial margin starts near 2.50% of notional — 2,116 USDC per BTC.
Binance caps each settlement at ±0.30% — at most 253.9 USDC per BTC, 328% annualised.
Hyperliquid shows 36,971.852 BTC of open interest here, 1.89× Binance's 19,546.039 BTC.

Annualised funding, each venue on its own 8/1-hour cycle: Binance -1.55% · Hyperliquid 10.06%. The gap is 11.61 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

BTCUSDC questions

Binance requires 50 USDC of notional, which at 84,636.0 USDC is 0.000591 BTC; size then moves in steps of 0.001 BTC.

Every 8 hours. The current rate is -0.0014% — 1.199 USDC per BTC per settlement, 1.55% a year if it holds.

Open interest is 19,546.039 BTC (1.65B USDC) with 917.93M USDC changing hands over 24 hours.

Hyperliquid allows up to 40×, putting initial margin around 2.50% of position value — 2,116 USDC per BTC at the current mark.

Run your own rules on BTCUSDC