ETHUSDT perpetual

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

ETHUSDT is a USDT-margined perpetual on Binance, marked at 1,921.96 USDT inside a 24-hour band of 1,870.26–1,935.00 (0.86%). Open interest is 2,316,168.201 ETH, about 4.45B USDT in live exposure, against 8.38B USDT traded in 24 hours. Funding settles every 8 hours at 0.0073%, 0.1396 USDT per ETH held.

Mark price	1,921.96 USDT
24h range	1,870.26 – 1,935.00 USDT
24h change	0.86%
24h volume	8.38B USDT
Open interest	2,316,168.201 ETH
Open interest value	4.45B USDT
Funding rate	0.0073% / 8h
Minimum order	20 USDT ≈ 0.010406 ETH
Quantity step	0.001 ETH ≈ 1.922 USDT
Price tick	0.01 USDT (0.00052% of mark)

At 0.0073% the long pays the short: a 10,000 USDT position moves 0.7265 USDT every 8 hours, 2.179 USDT a day, 7.96% a year.
Daily turnover runs 1.88× the 4.45B USDT sitting in open positions.
Bybit caps this contract at 100×, so initial margin starts near 1.00% of notional — 19.22 USDT per ETH.
Binance caps each settlement at ±0.30% — at most 5.766 USDT per ETH, 328% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 7.96% · Bybit 9.05% · OKX -0.06% · Hyperliquid 6.44%. The gap is 9.11 points — OKX is the cheapest venue to hold a long here, Bybit the dearest.

ETHUSDT questions

What is the smallest ETHUSDT position?

Binance requires 20 USDT of notional, which at 1,921.96 USDT is 0.010406 ETH; size then moves in steps of 0.001 ETH.

How often does ETHUSDT funding settle?

Every 8 hours. The current rate is 0.0073% — 0.1396 USDT per ETH per settlement, 7.96% a year if it holds.

How liquid is ETHUSDT right now?

Open interest is 2,316,168.201 ETH (4.45B USDT) with 8.38B USDT changing hands over 24 hours.

What leverage is available on ETHUSDT?

Bybit allows up to 100×, putting initial margin around 1.00% of position value — 19.22 USDT per ETH at the current mark.

Run your own rules on ETHUSDT