ETHFIUSDC perpetual

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

ETHFIUSDC is a USDC-margined perpetual on Binance, marked at 0.4042 USDC inside a 24-hour band of 0.3920–0.4105 (1.61%). Open interest is 2,241,442.5 ETHFI, about 905,994 USDC in live exposure, against 730,568 USDC traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.00002021 USDC per ETHFI held.

Mark price	0.4042 USDC
24h range	0.3920 – 0.4105 USDC
24h change	1.61%
24h volume	730,568 USDC
Open interest	2,241,442.5 ETHFI
Open interest value	905,994 USDC
Funding rate	0.0050% / 4h
Minimum order	5 USDC ≈ 12.370076 ETHFI
Quantity step	0.1 ETHFI ≈ 0.04042 USDC
Price tick	0.0001000 USDC (0.02474% 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 0.81× the 905,994 USDC sitting in open positions.
Hyperliquid caps this contract at 5×, so initial margin starts near 20.00% of notional — 0.08084 USDC per ETHFI.
Binance caps each settlement at ±2.00% — at most 0.008084 USDC per ETHFI, 4,380% annualised.

ETHFIUSDC questions

What is the smallest ETHFIUSDC position?

Binance requires 5 USDC of notional, which at 0.4042 USDC is 12.370076 ETHFI; size then moves in steps of 0.1 ETHFI.

How often does ETHFIUSDC funding settle?

Every 4 hours. The current rate is 0.0050% — 0.00002021 USDC per ETHFI per settlement, 10.95% a year if it holds.

How liquid is ETHFIUSDC right now?

Open interest is 2,241,442.5 ETHFI (905,994 USDC) with 730,568 USDC changing hands over 24 hours.

What leverage is available on ETHFIUSDC?

Hyperliquid allows up to 5×, putting initial margin around 20.00% of position value — 0.08084 USDC per ETHFI at the current mark.

Run your own rules on ETHFIUSDC