OGNUSDT perpetual

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

OGNUSDT is a USDT-margined perpetual on Binance, marked at 0.02069 USDT inside a 24-hour band of 0.02028–0.02124 (1.62%). Open interest is 65,778,782 OGN, about 1.36M USDT in live exposure, against 571,618 USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.000001035 USDT per OGN held.

Mark price	0.02069 USDT
24h range	0.02028 – 0.02124 USDT
24h change	1.62%
24h volume	571,618 USDT
Open interest	65,778,782 OGN
Open interest value	1.36M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 241.662639 OGN
Quantity step	1 OGN ≈ 0.02069 USDT
Price tick	0.0000100 USDT (0.04833% of mark)

At 0.0050% the long pays the short: a 10,000 USDT position moves 0.5000 USDT every 4 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 0.42× the 1.36M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.0008276 USDT per OGN.
Binance caps each settlement at ±2.00% — at most 0.0004138 USDT per OGN, 4,380% annualised.
Hyperliquid shows 0 OGN of open interest here, 0.00× Binance's 65,778,782 OGN.

Annualised funding, each venue on its own 4/8/1-hour cycle: Binance 10.95% · Bybit 10.95% · Hyperliquid 0.00%. The gap is 10.95 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

FAQ

OGNUSDT questions

Binance requires 5 USDT of notional, which at 0.02069 USDT is 241.662639 OGN; size then moves in steps of 1 OGN.

Every 4 hours. The current rate is 0.0050% — 0.000001035 USDT per OGN per settlement, 10.95% a year if it holds.

Open interest is 65,778,782 OGN (1.36M USDT) with 571,618 USDT changing hands over 24 hours.

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.0008276 USDT per OGN at the current mark.

Run your own rules on OGNUSDT