IOUSDT perpetual

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

IOUSDT is a USDT-margined perpetual on Binance, marked at 0.1674 USDT inside a 24-hour band of 0.1500–0.1708 (11.08%). Open interest is 19,844,486.3 IO, about 3.32M USDT in live exposure, against 6.79M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.000008370 USDT per IO held.

Mark price	0.1674 USDT
24h range	0.1500 – 0.1708 USDT
24h change	11.08%
24h volume	6.79M USDT
Open interest	19,844,486.3 IO
Open interest value	3.32M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 29.869483 IO
Quantity step	0.1 IO ≈ 0.01674 USDT
Price tick	0.0001000 USDT (0.05974% 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 2.04× the 3.32M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.006696 USDT per IO.
Binance caps each settlement at ±2.00% — at most 0.003348 USDT per IO, 4,380% annualised.
Hyperliquid shows 6,445,568.0 IO of open interest here, 0.32× Binance's 19,844,486.3 IO.

FAQ

IOUSDT questions

Binance requires 5 USDT of notional, which at 0.1674 USDT is 29.869483 IO; size then moves in steps of 0.1 IO.

Every 4 hours. The current rate is 0.0050% — 0.000008370 USDT per IO per settlement, 10.95% a year if it holds.

Open interest is 19,844,486.3 IO (3.32M USDT) with 6.79M USDT changing hands over 24 hours.

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.006696 USDT per IO at the current mark.

Run your own rules on IOUSDT