BTCUSDT perpetual

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

BTCUSDT is a USDT-margined perpetual on Binance, marked at 64,932.0 USDT inside a 24-hour band of 63,234.0–65,015.6 (0.92%). Open interest is 106,654.845 BTC, about 6.93B USDT in live exposure, against 11.06B USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 6.493 USDT per BTC held.

Mark price	64,932.0 USDT
24h range	63,234.0 – 65,015.6 USDT
24h change	0.92%
24h volume	11.06B USDT
Open interest	106,654.845 BTC
Open interest value	6.93B USDT
Funding rate	0.0100% / 8h
Minimum order	50 USDT ≈ 0.000770 BTC
Quantity step	0.001 BTC ≈ 64.93 USDT
Price tick	0.10 USDT (0.00015% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 1.60× the 6.93B USDT sitting in open positions.
Bybit caps this contract at 100×, so initial margin starts near 1.00% of notional — 649.3 USDT per BTC.
Binance caps each settlement at ±0.30% — at most 194.8 USDT per BTC, 328% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 10.95% · Bybit 9.60% · OKX 7.45% · Hyperliquid 3.98%. The gap is 6.97 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

BTCUSDT questions

What is the smallest BTCUSDT position?

Binance requires 50 USDT of notional, which at 64,932.0 USDT is 0.000770 BTC; size then moves in steps of 0.001 BTC.

How often does BTCUSDT funding settle?

Every 8 hours. The current rate is 0.0100% — 6.493 USDT per BTC per settlement, 10.95% a year if it holds.

How liquid is BTCUSDT right now?

Open interest is 106,654.845 BTC (6.93B USDT) with 11.06B USDT changing hands over 24 hours.

What leverage is available on BTCUSDT?

Bybit allows up to 100×, putting initial margin around 1.00% of position value — 649.3 USDT per BTC at the current mark.

Run your own rules on BTCUSDT