COTIUSDT perpetual

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

COTIUSDT is a USDT-margined perpetual on Binance, marked at 0.013649 USDT inside a 24-hour band of 0.013236–0.013999 (-0.54%). Open interest is 520,778,320 COTI, about 7.11M USDT in live exposure, against 9.60M USDT traded in 24 hours. Funding settles every 4 hours at -0.0149%, 0.000002028 USDT per COTI held.

Mark price	0.013649 USDT
24h range	0.013236 – 0.013999 USDT
24h change	-0.54%
24h volume	9.60M USDT
Open interest	520,778,320 COTI
Open interest value	7.11M USDT
Funding rate	-0.0149% / 4h
Minimum order	5 USDT ≈ 366.327203 COTI
Quantity step	1 COTI ≈ 0.01365 USDT
Price tick	0.0000010 USDT (0.00733% of mark)

At -0.0149% the short pays the long: a 10,000 USDT position moves 1.4861 USDT every 4 hours, 8.917 USDT a day, 32.55% a year.
Daily turnover runs 1.35× the 7.11M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.0002730 USDT per COTI.
Binance caps each settlement at ±2.00% — at most 0.0002730 USDT per COTI, 4,380% annualised.

Annualised funding, each venue on its own 4/8-hour cycle: Binance -32.55% · Bybit 10.95%. The gap is 43.50 points — Binance is the cheapest venue to hold a long here, Bybit the dearest.

FAQ

COTIUSDT questions

Binance requires 5 USDT of notional, which at 0.013649 USDT is 366.327203 COTI; size then moves in steps of 1 COTI.

Every 4 hours. The current rate is -0.0149% — 0.000002028 USDT per COTI per settlement, 32.55% a year if it holds.

Open interest is 520,778,320 COTI (7.11M USDT) with 9.60M USDT changing hands over 24 hours.

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.0002730 USDT per COTI at the current mark.

Run your own rules on COTIUSDT