FETUSDT perpetual

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

FETUSDT is a USDT-margined perpetual on Binance, marked at 0.2251 USDT inside a 24-hour band of 0.2146–0.2311 (3.59%). Open interest is 148,164,746 FET, about 33.35M USDT in live exposure, against 42.62M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.00002251 USDT per FET held.

Mark price	0.2251 USDT
24h range	0.2146 – 0.2311 USDT
24h change	3.59%
24h volume	42.62M USDT
Open interest	148,164,746 FET
Open interest value	33.35M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 22.215558 FET
Quantity step	1 FET ≈ 0.2251 USDT
Price tick	0.0001000 USDT (0.04443% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 1.28× the 33.35M USDT sitting in open positions.
OKX caps this contract at 20×, so initial margin starts near 5.00% of notional — 0.01125 USDT per FET.
Binance caps each settlement at ±2.00% — at most 0.004501 USDT per FET, 2,190% annualised.
Hyperliquid shows 54,185,152 FET of open interest here, 0.37× Binance's 148,164,746 FET.

FAQ

FETUSDT questions

Binance requires 5 USDT of notional, which at 0.2251 USDT is 22.215558 FET; size then moves in steps of 1 FET.

Every 8 hours. The current rate is 0.0100% — 0.00002251 USDT per FET per settlement, 10.95% a year if it holds.

Open interest is 148,164,746 FET (33.35M USDT) with 42.62M USDT changing hands over 24 hours.

OKX allows up to 20×, putting initial margin around 5.00% of position value — 0.01125 USDT per FET at the current mark.

Run your own rules on FETUSDT