NEARUSDC perpetual

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

NEARUSDC is a USDC-margined perpetual on Binance, marked at 4.757 USDC inside a 24-hour band of 4.604–4.815 (2.21%). Open interest is 3,149,258 NEAR, about 14.98M USDC in live exposure, against 25.05M USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0004757 USDC per NEAR held.

Mark price	4.757 USDC
24h range	4.604 – 4.815 USDC
24h change	2.21%
24h volume	25.05M USDC
Open interest	3,149,258 NEAR
Open interest value	14.98M USDC
Funding rate	0.0100% / 8h
Minimum order	5 USDC ≈ 1.051065 NEAR
Quantity step	1 NEAR ≈ 4.757 USDC
Price tick	0.0010 USDC (0.02102% 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 1.67× the 14.98M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.4757 USDC per NEAR.
Binance caps each settlement at ±2.00% — at most 0.09514 USDC per NEAR, 2,190% annualised.
Hyperliquid shows 69,278,853 NEAR of open interest here, 22.00× Binance's 3,149,258 NEAR.

FAQ

NEARUSDC questions

Binance requires 5 USDC of notional, which at 4.757 USDC is 1.051065 NEAR; size then moves in steps of 1 NEAR.

Every 8 hours. The current rate is 0.0100% — 0.0004757 USDC per NEAR per settlement, 10.95% a year if it holds.

Open interest is 3,149,258 NEAR (14.98M USDC) with 25.05M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.4757 USDC per NEAR at the current mark.

Run your own rules on NEARUSDC