NEARUSDC perpetual

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

NEARUSDC is a USDC-margined perpetual on Binance, marked at 1.648 USDC inside a 24-hour band of 1.569–1.668 (3.91%). Open interest is 4,101,214 NEAR, about 6.76M USDC in live exposure, against 9.45M USDC traded in 24 hours. Funding settles every 8 hours at -0.0106%, 0.0001742 USDC per NEAR held.

Mark price	1.648 USDC
24h range	1.569 – 1.668 USDC
24h change	3.91%
24h volume	9.45M USDC
Open interest	4,101,214 NEAR
Open interest value	6.76M USDC
Funding rate	-0.0106% / 8h
Minimum order	5 USDC ≈ 3.033118 NEAR
Quantity step	1 NEAR ≈ 1.648 USDC
Price tick	0.0010 USDC (0.06066% of mark)

At -0.0106% the short pays the long: a 10,000 USDC position moves 1.0568 USDC every 8 hours, 3.170 USDC a day, 11.57% a year.
Daily turnover runs 1.40× the 6.76M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.1648 USDC per NEAR.
Binance caps each settlement at ±2.00% — at most 0.03297 USDC per NEAR, 2,190% annualised.

Annualised funding, each venue on its own 8/1-hour cycle: Binance -11.57% · Hyperliquid 10.95%. The gap is 22.52 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

NEARUSDC questions

What is the smallest NEARUSDC position?

Binance requires 5 USDC of notional, which at 1.648 USDC is 3.033118 NEAR; size then moves in steps of 1 NEAR.

How often does NEARUSDC funding settle?

Every 8 hours. The current rate is -0.0106% — 0.0001742 USDC per NEAR per settlement, 11.57% a year if it holds.

How liquid is NEARUSDC right now?

Open interest is 4,101,214 NEAR (6.76M USDC) with 9.45M USDC changing hands over 24 hours.

What leverage is available on NEARUSDC?

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 0.1648 USDC per NEAR at the current mark.

Run your own rules on NEARUSDC