OPUSDT perpetual

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

OPUSDT is a USDT-margined perpetual on Binance, marked at 0.0879 USDT inside a 24-hour band of 0.0859–0.0910 (1.03%). Open interest is 126,296,496.5 OP, about 11.10M USDT in live exposure, against 23.49M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.000008786 USDT per OP held.

Mark price	0.0879 USDT
24h range	0.0859 – 0.0910 USDT
24h change	1.03%
24h volume	23.49M USDT
Open interest	126,296,496.5 OP
Open interest value	11.10M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 56.911925 OP
Quantity step	0.1 OP ≈ 0.008786 USDT
Price tick	0.0001000 USDT (0.11382% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 2.12× the 11.10M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.001757 USDT per OP.
Binance caps each settlement at ±2.00% — at most 0.001757 USDT per OP, 2,190% annualised.

OPUSDT questions

What is the smallest OPUSDT position?

Binance requires 5 USDT of notional, which at 0.0879 USDT is 56.911925 OP; size then moves in steps of 0.1 OP.

How often does OPUSDT funding settle?

Every 8 hours. The current rate is 0.0100% — 0.000008786 USDT per OP per settlement, 10.95% a year if it holds.

How liquid is OPUSDT right now?

Open interest is 126,296,496.5 OP (11.10M USDT) with 23.49M USDT changing hands over 24 hours.

What leverage is available on OPUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.001757 USDT per OP at the current mark.

Run your own rules on OPUSDT