LINKUSDT perpetual

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

LINKUSDT is a USDT-margined perpetual on Binance, marked at 14.047 USDT inside a 24-hour band of 13.570–14.130 (3.13%). Open interest is 9,811,902.82 LINK, about 137.83M USDT in live exposure, against 107.35M USDT traded in 24 hours. Funding settles every 8 hours at -0.0023%, 0.0003297 USDT per LINK held.

Mark price	14.047 USDT
24h range	13.570 – 14.130 USDT
24h change	3.13%
24h volume	107.35M USDT
Open interest	9,811,902.82 LINK
Open interest value	137.83M USDT
Funding rate	-0.0023% / 8h
Minimum order	20 USDT ≈ 1.423792 LINK
Quantity step	0.01 LINK ≈ 0.1405 USDT
Price tick	0.001 USDT (0.00712% of mark)

At -0.0023% the short pays the long: a 10,000 USDT position moves 0.2347 USDT every 8 hours, 0.704 USDT a day, 2.57% a year.
Daily turnover runs 0.78× the 137.83M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.1873 USDT per LINK.
Binance caps each settlement at ±0.38% — at most 0.05268 USDT per LINK, 411% annualised.
Hyperliquid shows 5,898,233.20 LINK of open interest here, 0.60× Binance's 9,811,902.82 LINK.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance -2.57% · Bybit 7.12% · OKX 6.81% · Hyperliquid 10.95%. The gap is 13.52 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

LINKUSDT questions

Binance requires 20 USDT of notional, which at 14.047 USDT is 1.423792 LINK; size then moves in steps of 0.01 LINK.

Every 8 hours. The current rate is -0.0023% — 0.0003297 USDT per LINK per settlement, 2.57% a year if it holds.

Open interest is 9,811,902.82 LINK (137.83M USDT) with 107.35M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.1873 USDT per LINK at the current mark.

Run your own rules on LINKUSDT