ORDIUSDC perpetual

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

ORDIUSDC is a USDC-margined perpetual on Binance, marked at 4.553 USDC inside a 24-hour band of 4.474–4.707 (1.04%). Open interest is 205,423.3 ORDI, about 935,292 USDC in live exposure, against 1.63M USDC traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0002277 USDC per ORDI held.

Mark price	4.553 USDC
24h range	4.474 – 4.707 USDC
24h change	1.04%
24h volume	1.63M USDC
Open interest	205,423.3 ORDI
Open interest value	935,292 USDC
Funding rate	0.0050% / 4h
Minimum order	5 USDC ≈ 1.098177 ORDI
Quantity step	0.1 ORDI ≈ 0.4553 USDC
Price tick	0.001000 USDC (0.02196% of mark)

At 0.0050% the long pays the short: a 10,000 USDC position moves 0.5000 USDC every 4 hours, 3.000 USDC a day, 10.95% a year.
Daily turnover runs 1.75× the 935,292 USDC sitting in open positions.
Hyperliquid caps this contract at 3×, so initial margin starts near 33.33% of notional — 1.518 USDC per ORDI.
Binance caps each settlement at ±2.00% — at most 0.09106 USDC per ORDI, 4,380% annualised.
Hyperliquid shows 148,711.9 ORDI of open interest here, 0.72× Binance's 205,423.3 ORDI.

FAQ

ORDIUSDC questions

Binance requires 5 USDC of notional, which at 4.553 USDC is 1.098177 ORDI; size then moves in steps of 0.1 ORDI.

Every 4 hours. The current rate is 0.0050% — 0.0002277 USDC per ORDI per settlement, 10.95% a year if it holds.

Open interest is 205,423.3 ORDI (935,292 USDC) with 1.63M USDC changing hands over 24 hours.

Hyperliquid allows up to 3×, putting initial margin around 33.33% of position value — 1.518 USDC per ORDI at the current mark.

Run your own rules on ORDIUSDC