GMTUSDT perpetual

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

GMTUSDT is a USDT-margined perpetual on Binance, marked at 0.008784 USDT inside a 24-hour band of 0.008368–0.009277 (4.02%). Open interest is 324,772,721 GMT, about 2.85M USDT in live exposure, against 5.29M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0000004392 USDT per GMT held.

Mark price	0.008784 USDT
24h range	0.008368 – 0.009277 USDT
24h change	4.02%
24h volume	5.29M USDT
Open interest	324,772,721 GMT
Open interest value	2.85M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 569.196022 GMT
Quantity step	1 GMT ≈ 0.008784 USDT
Price tick	0.0000010 USDT (0.01138% of mark)

At 0.0050% the long pays the short: a 10,000 USDT position moves 0.5000 USDT every 4 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 1.85× the 2.85M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.0001757 USDT per GMT.
Binance caps each settlement at ±2.00% — at most 0.0001757 USDT per GMT, 4,380% annualised.
Hyperliquid shows 13,065,048 GMT of open interest here, 0.04× Binance's 324,772,721 GMT.

Annualised funding, each venue on its own 4/8/4/1-hour cycle: Binance 10.95% · Bybit 10.95% · OKX 1.62% · Hyperliquid 10.95%. The gap is 9.33 points — OKX is the cheapest venue to hold a long here, Binance the dearest.

FAQ

GMTUSDT questions

Binance requires 5 USDT of notional, which at 0.008784 USDT is 569.196022 GMT; size then moves in steps of 1 GMT.

Every 4 hours. The current rate is 0.0050% — 0.0000004392 USDT per GMT per settlement, 10.95% a year if it holds.

Open interest is 324,772,721 GMT (2.85M USDT) with 5.29M USDT changing hands over 24 hours.

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.0001757 USDT per GMT at the current mark.

Run your own rules on GMTUSDT