GALAUSDT perpetual

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

GALAUSDT is a USDT-margined perpetual on Binance, marked at 0.002551 USDT inside a 24-hour band of 0.002493–0.002759 (0.99%). Open interest is 3,115,541,168 GALA, about 7.95M USDT in live exposure, against 58.10M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0000002551 USDT per GALA held.

Mark price	0.002551 USDT
24h range	0.002493 – 0.002759 USDT
24h change	0.99%
24h volume	58.10M USDT
Open interest	3,115,541,168 GALA
Open interest value	7.95M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 1,960.077149 GALA
Quantity step	1 GALA ≈ 0.002551 USDT
Price tick	0.0000010 USDT (0.03920% 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 7.31× the 7.95M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.00003401 USDT per GALA.
Binance caps each settlement at ±2.00% — at most 0.00005102 USDT per GALA, 2,190% annualised.
Hyperliquid shows 213,407,764 GALA of open interest here, 0.07× Binance's 3,115,541,168 GALA.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 10.95% · Bybit 3.01% · OKX 0.94% · Hyperliquid 10.95%. The gap is 10.01 points — OKX is the cheapest venue to hold a long here, Binance the dearest.

FAQ

GALAUSDT questions

Binance requires 5 USDT of notional, which at 0.002551 USDT is 1,960.077149 GALA; size then moves in steps of 1 GALA.

Every 8 hours. The current rate is 0.0100% — 0.0000002551 USDT per GALA per settlement, 10.95% a year if it holds.

Open interest is 3,115,541,168 GALA (7.95M USDT) with 58.10M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.00003401 USDT per GALA at the current mark.

Run your own rules on GALAUSDT