FILUSDC perpetual

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

FILUSDC is a USDC-margined perpetual on Binance, marked at 1.0619 USDC inside a 24-hour band of 0.9994–1.0830 (5.63%). Open interest is 9,982,110.2 FIL, about 10.60M USDC in live exposure, against 6.94M USDC traded in 24 hours. Funding settles every 8 hours at 0.0033%, 0.00003526 USDC per FIL held.

Mark price	1.0619 USDC
24h range	0.9994 – 1.0830 USDC
24h change	5.63%
24h volume	6.94M USDC
Open interest	9,982,110.2 FIL
Open interest value	10.60M USDC
Funding rate	0.0033% / 8h
Minimum order	5 USDC ≈ 4.708541 FIL
Quantity step	0.1 FIL ≈ 0.1062 USDC
Price tick	0.0001000 USDC (0.00942% of mark)

At 0.0033% the long pays the short: a 10,000 USDC position moves 0.3320 USDC every 8 hours, 0.996 USDC a day, 3.64% a year.
Daily turnover runs 0.65× the 10.60M USDC sitting in open positions.
Hyperliquid caps this contract at 5×, so initial margin starts near 20.00% of notional — 0.2124 USDC per FIL.
Binance caps each settlement at ±2.00% — at most 0.02124 USDC per FIL, 2,190% annualised.
Hyperliquid shows 7,832,341.4 FIL of open interest here, 0.78× Binance's 9,982,110.2 FIL.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 3.64% · Hyperliquid 10.95%. The gap is 7.31 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

FILUSDC questions

Binance requires 5 USDC of notional, which at 1.0619 USDC is 4.708541 FIL; size then moves in steps of 0.1 FIL.

Every 8 hours. The current rate is 0.0033% — 0.00003526 USDC per FIL per settlement, 3.64% a year if it holds.

Open interest is 9,982,110.2 FIL (10.60M USDC) with 6.94M USDC changing hands over 24 hours.

Hyperliquid allows up to 5×, putting initial margin around 20.00% of position value — 0.2124 USDC per FIL at the current mark.

Run your own rules on FILUSDC