NEARUSDT perpetual

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

NEARUSDT is a USDT-margined perpetual on Binance, marked at 1.650 USDT inside a 24-hour band of 1.571–1.670 (3.91%). Open interest is 45,438,162 NEAR, about 75.00M USDT in live exposure, against 97.36M USDT traded in 24 hours. Funding settles every 8 hours at -0.0139%, 0.0002287 USDT per NEAR held.

Mark price	1.650 USDT
24h range	1.571 – 1.670 USDT
24h change	3.91%
24h volume	97.36M USDT
Open interest	45,438,162 NEAR
Open interest value	75.00M USDT
Funding rate	-0.0139% / 8h
Minimum order	5 USDT ≈ 3.029407 NEAR
Quantity step	1 NEAR ≈ 1.650 USDT
Price tick	0.0010 USDT (0.06059% of mark)

At -0.0139% the short pays the long: a 10,000 USDT position moves 1.3857 USDT every 8 hours, 4.157 USDT a day, 15.17% a year.
Daily turnover runs 1.30× the 75.00M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.03301 USDT per NEAR.
Binance caps each settlement at ±2.00% — at most 0.03301 USDT per NEAR, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance -15.17% · Bybit -5.50% · OKX -21.48% · Hyperliquid 10.95%. The gap is 32.43 points — OKX is the cheapest venue to hold a long here, Hyperliquid the dearest.

NEARUSDT questions

What is the smallest NEARUSDT position?

Binance requires 5 USDT of notional, which at 1.650 USDT is 3.029407 NEAR; size then moves in steps of 1 NEAR.

How often does NEARUSDT funding settle?

Every 8 hours. The current rate is -0.0139% — 0.0002287 USDT per NEAR per settlement, 15.17% a year if it holds.

How liquid is NEARUSDT right now?

Open interest is 45,438,162 NEAR (75.00M USDT) with 97.36M USDT changing hands over 24 hours.

What leverage is available on NEARUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.03301 USDT per NEAR at the current mark.

Run your own rules on NEARUSDT