FETUSDT perpetual

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

FETUSDT is a USDT-margined perpetual on Binance, marked at 0.1391 USDT inside a 24-hour band of 0.1339–0.1409 (1.09%). Open interest is 154,773,270 FET, about 21.53M USDT in live exposure, against 25.15M USDT traded in 24 hours. Funding settles every 8 hours at -0.0078%, 0.00001089 USDT per FET held.

Mark price	0.1391 USDT
24h range	0.1339 – 0.1409 USDT
24h change	1.09%
24h volume	25.15M USDT
Open interest	154,773,270 FET
Open interest value	21.53M USDT
Funding rate	-0.0078% / 8h
Minimum order	5 USDT ≈ 35.945363 FET
Quantity step	1 FET ≈ 0.1391 USDT
Price tick	0.0001000 USDT (0.07189% of mark)

At -0.0078% the short pays the long: a 10,000 USDT position moves 0.7831 USDT every 8 hours, 2.349 USDT a day, 8.57% a year.
Daily turnover runs 1.17× the 21.53M USDT sitting in open positions.
Hyperliquid caps this contract at 5×, so initial margin starts near 20.00% of notional — 0.02782 USDT per FET.
Binance caps each settlement at ±2.00% — at most 0.002782 USDT per FET, 2,190% annualised.

Annualised funding, each venue on its own 8/1-hour cycle: Binance -8.57% · Hyperliquid 10.95%. The gap is 19.52 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FETUSDT questions

What is the smallest FETUSDT position?

Binance requires 5 USDT of notional, which at 0.1391 USDT is 35.945363 FET; size then moves in steps of 1 FET.

How often does FETUSDT funding settle?

Every 8 hours. The current rate is -0.0078% — 0.00001089 USDT per FET per settlement, 8.57% a year if it holds.

How liquid is FETUSDT right now?

Open interest is 154,773,270 FET (21.53M USDT) with 25.15M USDT changing hands over 24 hours.

What leverage is available on FETUSDT?

Hyperliquid allows up to 5×, putting initial margin around 20.00% of position value — 0.02782 USDT per FET at the current mark.

Run your own rules on FETUSDT