ICPUSDT perpetual

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

ICPUSDT is a USDT-margined perpetual on Binance, marked at 2.069 USDT inside a 24-hour band of 2.011–2.099 (-0.53%). Open interest is 10,021,335 ICP, about 20.73M USDT in live exposure, against 15.91M USDT traded in 24 hours. Funding settles every 8 hours at -0.0048%, 0.00009832 USDT per ICP held.

Mark price	2.069 USDT
24h range	2.011 – 2.099 USDT
24h change	-0.53%
24h volume	15.91M USDT
Open interest	10,021,335 ICP
Open interest value	20.73M USDT
Funding rate	-0.0048% / 8h
Minimum order	5 USDT ≈ 2.416626 ICP
Quantity step	1 ICP ≈ 2.069 USDT
Price tick	0.001000 USDT (0.04833% of mark)

At -0.0048% the short pays the long: a 10,000 USDT position moves 0.4752 USDT every 8 hours, 1.426 USDT a day, 5.20% a year.
Daily turnover runs 0.77× the 20.73M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.04138 USDT per ICP.
Binance caps each settlement at ±2.00% — at most 0.04138 USDT per ICP, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance -5.20% · Bybit -5.37% · OKX -4.99% · Hyperliquid -47.06%. The gap is 42.07 points — Hyperliquid is the cheapest venue to hold a long here, OKX the dearest.

ICPUSDT questions

What is the smallest ICPUSDT position?

Binance requires 5 USDT of notional, which at 2.069 USDT is 2.416626 ICP; size then moves in steps of 1 ICP.

How often does ICPUSDT funding settle?

Every 8 hours. The current rate is -0.0048% — 0.00009832 USDT per ICP per settlement, 5.20% a year if it holds.

How liquid is ICPUSDT right now?

Open interest is 10,021,335 ICP (20.73M USDT) with 15.91M USDT changing hands over 24 hours.

What leverage is available on ICPUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.04138 USDT per ICP at the current mark.