BTCUSDT perpetual

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

BTCUSDT is a USDT-margined perpetual on Binance, marked at 84,637.6 USDT inside a 24-hour band of 84,380.5–84,994.9 (0.21%). Open interest is 97,571.310 BTC, about 8.26B USDT in live exposure, against 3.82B USDT traded in 24 hours. Funding settles every 8 hours at 0.0011%, 0.9192 USDT per BTC held.

Mark price	84,637.6 USDT
24h range	84,380.5 – 84,994.9 USDT
24h change	0.21%
24h volume	3.82B USDT
Open interest	97,571.310 BTC
Open interest value	8.26B USDT
Funding rate	0.0011% / 8h
Minimum order	50 USDT ≈ 0.000591 BTC
Quantity step	0.001 BTC ≈ 84.64 USDT
Price tick	0.10 USDT (0.00012% of mark)

At 0.0011% the long pays the short: a 10,000 USDT position moves 0.1086 USDT every 8 hours, 0.326 USDT a day, 1.19% a year.
Daily turnover runs 0.46× the 8.26B USDT sitting in open positions.
Bybit caps this contract at 150×, so initial margin starts near 0.67% of notional — 564.3 USDT per BTC.
Binance caps each settlement at ±0.30% — at most 253.9 USDT per BTC, 328% annualised.
Hyperliquid shows 36,971.852 BTC of open interest here, 0.38× Binance's 97,571.310 BTC.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 1.19% · Bybit -2.72% · OKX 4.50% · Hyperliquid 10.06%. The gap is 12.78 points — Bybit is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

BTCUSDT questions

Binance requires 50 USDT of notional, which at 84,637.6 USDT is 0.000591 BTC; size then moves in steps of 0.001 BTC.

Every 8 hours. The current rate is 0.0011% — 0.9192 USDT per BTC per settlement, 1.19% a year if it holds.

Open interest is 97,571.310 BTC (8.26B USDT) with 3.82B USDT changing hands over 24 hours.

Bybit allows up to 150×, putting initial margin around 0.67% of position value — 564.3 USDT per BTC at the current mark.

Run your own rules on BTCUSDT