LINKUSDT perpetual

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

LINKUSDT is a USDT-margined perpetual on Binance, marked at 8.477 USDT inside a 24-hour band of 8.158–8.502 (1.46%). Open interest is 8,709,034.94 LINK, about 73.83M USDT in live exposure, against 86.25M USDT traded in 24 hours. Funding settles every 8 hours at 0.0033%, 0.0002799 USDT per LINK held.

Mark price	8.477 USDT
24h range	8.158 – 8.502 USDT
24h change	1.46%
24h volume	86.25M USDT
Open interest	8,709,034.94 LINK
Open interest value	73.83M USDT
Funding rate	0.0033% / 8h
Minimum order	20 USDT ≈ 2.359325 LINK
Quantity step	0.01 LINK ≈ 0.08477 USDT
Price tick	0.001 USDT (0.01180% of mark)

At 0.0033% the long pays the short: a 10,000 USDT position moves 0.3302 USDT every 8 hours, 0.991 USDT a day, 3.62% a year.
Daily turnover runs 1.17× the 73.83M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.1695 USDT per LINK.
Binance caps each settlement at ±0.38% — at most 0.03179 USDT per LINK, 411% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 3.62% · Bybit -5.72% · OKX 10.95% · Hyperliquid 10.95%. The gap is 16.67 points — Bybit is the cheapest venue to hold a long here, OKX the dearest.

LINKUSDT questions

What is the smallest LINKUSDT position?

Binance requires 20 USDT of notional, which at 8.477 USDT is 2.359325 LINK; size then moves in steps of 0.01 LINK.

How often does LINKUSDT funding settle?

Every 8 hours. The current rate is 0.0033% — 0.0002799 USDT per LINK per settlement, 3.62% a year if it holds.

How liquid is LINKUSDT right now?

Open interest is 8,709,034.94 LINK (73.83M USDT) with 86.25M USDT changing hands over 24 hours.

What leverage is available on LINKUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.1695 USDT per LINK at the current mark.

Run your own rules on LINKUSDT