KAVAUSDT perpetual

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

KAVAUSDT is a USDT-margined perpetual on Binance, marked at 0.06849 USDT inside a 24-hour band of 0.06821–0.06887 (0.04%). Open interest is 127,657,620.3 KAVA, about 8.74M USDT in live exposure, against 2.03M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.000003424 USDT per KAVA held.

Mark price	0.06849 USDT
24h range	0.06821 – 0.06887 USDT
24h change	0.04%
24h volume	2.03M USDT
Open interest	127,657,620.3 KAVA
Open interest value	8.74M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 73.003358 KAVA
Quantity step	0.1 KAVA ≈ 0.006849 USDT
Price tick	0.000010 USDT (0.01460% 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 0.23× the 8.74M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.002740 USDT per KAVA.
Binance caps each settlement at ±2.00% — at most 0.001370 USDT per KAVA, 4,380% annualised.

Annualised funding, each venue on its own 4/8-hour cycle: Binance 10.95% · Bybit 1.81%. The gap is 9.14 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

KAVAUSDT questions

Binance requires 5 USDT of notional, which at 0.06849 USDT is 73.003358 KAVA; size then moves in steps of 0.1 KAVA.

Every 4 hours. The current rate is 0.0050% — 0.000003424 USDT per KAVA per settlement, 10.95% a year if it holds.

Open interest is 127,657,620.3 KAVA (8.74M USDT) with 2.03M USDT changing hands over 24 hours.

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.002740 USDT per KAVA at the current mark.

Run your own rules on KAVAUSDT