LINKUSDC perpetual

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

LINKUSDC is a USDC-margined perpetual on Binance, marked at 8.467 USDC inside a 24-hour band of 8.150–8.489 (1.45%). Open interest is 440,461.96 LINK, about 3.73M USDC in live exposure, against 6.30M USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0008467 USDC per LINK held.

Mark price	8.467 USDC
24h range	8.150 – 8.489 USDC
24h change	1.45%
24h volume	6.30M USDC
Open interest	440,461.96 LINK
Open interest value	3.73M USDC
Funding rate	0.0100% / 8h
Minimum order	5 USDC ≈ 0.590528 LINK
Quantity step	0.01 LINK ≈ 0.08467 USDC
Price tick	0.001 USDC (0.01181% of mark)

At 0.0100% the long pays the short: a 10,000 USDC position moves 1.0000 USDC every 8 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 1.69× the 3.73M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.8467 USDC per LINK.
Binance caps each settlement at ±0.38% — at most 0.03175 USDC per LINK, 411% annualised.

LINKUSDC questions

What is the smallest LINKUSDC position?

Binance requires 5 USDC of notional, which at 8.467 USDC is 0.590528 LINK; size then moves in steps of 0.01 LINK.

How often does LINKUSDC funding settle?

Every 8 hours. The current rate is 0.0100% — 0.0008467 USDC per LINK per settlement, 10.95% a year if it holds.

How liquid is LINKUSDC right now?

Open interest is 440,461.96 LINK (3.73M USDC) with 6.30M USDC changing hands over 24 hours.

What leverage is available on LINKUSDC?

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.8467 USDC per LINK at the current mark.

Run your own rules on LINKUSDC