ORDIUSDC perpetual

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

ORDIUSDC is a USDC-margined perpetual on Binance, marked at 3.192 USDC inside a 24-hour band of 3.164–3.367 (-4.60%). Open interest is 267,226.7 ORDI, about 852,988 USDC in live exposure, against 1.69M USDC traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0001596 USDC per ORDI held.

Mark price	3.192 USDC
24h range	3.164 – 3.367 USDC
24h change	-4.60%
24h volume	1.69M USDC
Open interest	267,226.7 ORDI
Open interest value	852,988 USDC
Funding rate	0.0050% / 4h
Minimum order	5 USDC ≈ 1.566416 ORDI
Quantity step	0.1 ORDI ≈ 0.3192 USDC
Price tick	0.001000 USDC (0.03133% 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 1.99× the 852,988 USDC sitting in open positions.
Hyperliquid caps this contract at 3×, so initial margin starts near 33.33% of notional — 1.064 USDC per ORDI.
Binance caps each settlement at ±2.00% — at most 0.06384 USDC per ORDI, 4,380% annualised.

Annualised funding, each venue on its own 4/1-hour cycle: Binance 10.95% · Hyperliquid -4.53%. The gap is 15.48 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

ORDIUSDC questions

What is the smallest ORDIUSDC position?

Binance requires 5 USDC of notional, which at 3.192 USDC is 1.566416 ORDI; size then moves in steps of 0.1 ORDI.

How often does ORDIUSDC funding settle?

Every 4 hours. The current rate is 0.0050% — 0.0001596 USDC per ORDI per settlement, 10.95% a year if it holds.

How liquid is ORDIUSDC right now?

Open interest is 267,226.7 ORDI (852,988 USDC) with 1.69M USDC changing hands over 24 hours.

What leverage is available on ORDIUSDC?

Hyperliquid allows up to 3×, putting initial margin around 33.33% of position value — 1.064 USDC per ORDI at the current mark.

Run your own rules on ORDIUSDC