ETHFIUSDC perpetual

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

ETHFIUSDC is a USDC-margined perpetual on Binance, marked at 0.7166 USDC inside a 24-hour band of 0.6810–0.7253 (4.26%). Open interest is 2,168,169.2 ETHFI, about 1.55M USDC in live exposure, against 1.54M USDC traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.00003583 USDC per ETHFI held.

Mark price	0.7166 USDC
24h range	0.6810 – 0.7253 USDC
24h change	4.26%
24h volume	1.54M USDC
Open interest	2,168,169.2 ETHFI
Open interest value	1.55M USDC
Funding rate	0.0050% / 4h
Minimum order	5 USDC ≈ 6.977393 ETHFI
Quantity step	0.1 ETHFI ≈ 0.07166 USDC
Price tick	0.0001000 USDC (0.01395% of mark)

At 0.0050% the long pays the short: a 10,000 USDC position moves 0.5000 USDC every 4 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 0.99× the 1.55M USDC sitting in open positions.
Hyperliquid caps this contract at 5×, so initial margin starts near 20.00% of notional — 0.1433 USDC per ETHFI.
Binance caps each settlement at ±2.00% — at most 0.01433 USDC per ETHFI, 4,380% annualised.
Hyperliquid shows 25,688,578.0 ETHFI of open interest here, 11.85× Binance's 2,168,169.2 ETHFI.

FAQ

ETHFIUSDC questions

Binance requires 5 USDC of notional, which at 0.7166 USDC is 6.977393 ETHFI; size then moves in steps of 0.1 ETHFI.

Every 4 hours. The current rate is 0.0050% — 0.00003583 USDC per ETHFI per settlement, 10.95% a year if it holds.

Open interest is 2,168,169.2 ETHFI (1.55M USDC) with 1.54M USDC changing hands over 24 hours.

Hyperliquid allows up to 5×, putting initial margin around 20.00% of position value — 0.1433 USDC per ETHFI at the current mark.

Run your own rules on ETHFIUSDC