ORDIUSDT perpetual

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

ORDIUSDT is a USDT-margined perpetual on Binance, marked at 3.198 USDT inside a 24-hour band of 3.168–3.373 (-4.54%). Open interest is 2,101,913.6 ORDI, about 6.72M USDT in live exposure, against 10.46M USDT traded in 24 hours. Funding settles every 4 hours at -0.0127%, 0.0004051 USDT per ORDI held.

Mark price	3.198 USDT
24h range	3.168 – 3.373 USDT
24h change	-4.54%
24h volume	10.46M USDT
Open interest	2,101,913.6 ORDI
Open interest value	6.72M USDT
Funding rate	-0.0127% / 4h
Minimum order	5 USDT ≈ 1.563701 ORDI
Quantity step	0.1 ORDI ≈ 0.3198 USDT
Price tick	0.001000 USDT (0.03127% of mark)

At -0.0127% the short pays the long: a 10,000 USDT position moves 1.2669 USDT every 4 hours, 7.601 USDT a day, 27.75% a year.
Daily turnover runs 1.56× the 6.72M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.06395 USDT per ORDI.
Binance caps each settlement at ±2.00% — at most 0.06395 USDT per ORDI, 4,380% annualised.

Annualised funding, each venue on its own 4/4/4/1-hour cycle: Binance -27.75% · Bybit -86.84% · OKX 10.95% · Hyperliquid -4.53%. The gap is 97.79 points — Bybit is the cheapest venue to hold a long here, OKX the dearest.

ORDIUSDT questions

What is the smallest ORDIUSDT position?

Binance requires 5 USDT of notional, which at 3.198 USDT is 1.563701 ORDI; size then moves in steps of 0.1 ORDI.

How often does ORDIUSDT funding settle?

Every 4 hours. The current rate is -0.0127% — 0.0004051 USDT per ORDI per settlement, 27.75% a year if it holds.

How liquid is ORDIUSDT right now?

Open interest is 2,101,913.6 ORDI (6.72M USDT) with 10.46M USDT changing hands over 24 hours.

What leverage is available on ORDIUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.06395 USDT per ORDI at the current mark.

Run your own rules on ORDIUSDT