GMTUSDT perpetual

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

GMTUSDT is a USDT-margined perpetual on Binance, marked at 0.006420 USDT inside a 24-hour band of 0.006189–0.006579 (-0.93%). Open interest is 293,242,161 GMT, about 1.88M USDT in live exposure, against 2.29M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0000003210 USDT per GMT held.

Mark price	0.006420 USDT
24h range	0.006189 – 0.006579 USDT
24h change	-0.93%
24h volume	2.29M USDT
Open interest	293,242,161 GMT
Open interest value	1.88M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 778.764039 GMT
Quantity step	1 GMT ≈ 0.006420 USDT
Price tick	0.0000010 USDT (0.01558% 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 1.22× the 1.88M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.0001284 USDT per GMT.
Binance caps each settlement at ±2.00% — at most 0.0001284 USDT per GMT, 4,380% annualised.

Annualised funding, each venue on its own 4/8/4/1-hour cycle: Binance 10.95% · Bybit 10.95% · OKX 10.95% · Hyperliquid -24.96%. The gap is 35.91 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

GMTUSDT questions

What is the smallest GMTUSDT position?

Binance requires 5 USDT of notional, which at 0.006420 USDT is 778.764039 GMT; size then moves in steps of 1 GMT.

How often does GMTUSDT funding settle?

Every 4 hours. The current rate is 0.0050% — 0.0000003210 USDT per GMT per settlement, 10.95% a year if it holds.

How liquid is GMTUSDT right now?

Open interest is 293,242,161 GMT (1.88M USDT) with 2.29M USDT changing hands over 24 hours.

What leverage is available on GMTUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.0001284 USDT per GMT at the current mark.

Run your own rules on GMTUSDT