KAVAUSDT perpetual

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

KAVAUSDT is a USDT-margined perpetual on Binance, marked at 0.04361 USDT inside a 24-hour band of 0.04310–0.04459 (-2.02%). Open interest is 86,418,328.1 KAVA, about 3.77M USDT in live exposure, against 1.36M USDT traded in 24 hours. Funding settles every 4 hours at 0.0032%, 0.000001399 USDT per KAVA held.

Mark price	0.04361 USDT
24h range	0.04310 – 0.04459 USDT
24h change	-2.02%
24h volume	1.36M USDT
Open interest	86,418,328.1 KAVA
Open interest value	3.77M USDT
Funding rate	0.0032% / 4h
Minimum order	5 USDT ≈ 114.639853 KAVA
Quantity step	0.1 KAVA ≈ 0.004361 USDT
Price tick	0.000010 USDT (0.02293% of mark)

At 0.0032% the long pays the short: a 10,000 USDT position moves 0.3207 USDT every 4 hours, 1.924 USDT a day, 7.02% a year.
Daily turnover runs 0.36× the 3.77M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.001745 USDT per KAVA.
Binance caps each settlement at ±2.00% — at most 0.0008723 USDT per KAVA, 4,380% annualised.

Annualised funding, each venue on its own 4/8-hour cycle: Binance 7.02% · Bybit 10.95%. The gap is 3.93 points — Binance is the cheapest venue to hold a long here, Bybit the dearest.

KAVAUSDT questions

What is the smallest KAVAUSDT position?

Binance requires 5 USDT of notional, which at 0.04361 USDT is 114.639853 KAVA; size then moves in steps of 0.1 KAVA.

How often does KAVAUSDT funding settle?

Every 4 hours. The current rate is 0.0032% — 0.000001399 USDT per KAVA per settlement, 7.02% a year if it holds.

How liquid is KAVAUSDT right now?

Open interest is 86,418,328.1 KAVA (3.77M USDT) with 1.36M USDT changing hands over 24 hours.

What leverage is available on KAVAUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.001745 USDT per KAVA at the current mark.

Run your own rules on KAVAUSDT