ONEUSDT perpetual

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

ONEUSDT is a USDT-margined perpetual on Binance, marked at 0.0025161 USDT inside a 24-hour band of 0.0021186–0.0027444 (18.05%). Open interest is 4,522,337,886 ONE, about 11.38M USDT in live exposure, against 150.34M USDT traded in 24 hours. Funding settles every 4 hours at -0.7333%, 0.00001845 USDT per ONE held.

Mark price	0.0025161 USDT
24h range	0.0021186 – 0.0027444 USDT
24h change	18.05%
24h volume	150.34M USDT
Open interest	4,522,337,886 ONE
Open interest value	11.38M USDT
Funding rate	-0.7333% / 4h
Minimum order	5 USDT ≈ 1,987.202416 ONE
Quantity step	1 ONE ≈ 0.002516 USDT
Price tick	0.0000001 USDT (0.00397% of mark)

At -0.7333% the short pays the long: a 10,000 USDT position moves 73.3278 USDT every 4 hours, 439.967 USDT a day, 1,605.88% a year.
Daily turnover runs 13.21× the 11.38M USDT sitting in open positions.
OKX caps this contract at 10×, so initial margin starts near 10.00% of notional — 0.0002516 USDT per ONE.
Binance caps each settlement at ±2.00% — at most 0.00005032 USDT per ONE, 4,380% annualised.

Annualised funding, each venue on its own 4/4-hour cycle: Binance -1,605.88% · OKX 56.32%. The gap is 1,662.20 points — Binance is the cheapest venue to hold a long here, OKX the dearest.

FAQ

ONEUSDT questions

Binance requires 5 USDT of notional, which at 0.0025161 USDT is 1,987.202416 ONE; size then moves in steps of 1 ONE.

Every 4 hours. The current rate is -0.7333% — 0.00001845 USDT per ONE per settlement, 1,605.88% a year if it holds.

Open interest is 4,522,337,886 ONE (11.38M USDT) with 150.34M USDT changing hands over 24 hours.

OKX allows up to 10×, putting initial margin around 10.00% of position value — 0.0002516 USDT per ONE at the current mark.

Run your own rules on ONEUSDT