PENDLEUSDT perpetual

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

PENDLEUSDT is a USDT-margined perpetual on Binance, marked at 2.3805 USDT inside a 24-hour band of 2.3150–2.3959 (2.72%). Open interest is 8,778,563 PENDLE, about 20.90M USDT in live exposure, against 8.58M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0002381 USDT per PENDLE held.

Mark price	2.3805 USDT
24h range	2.3150 – 2.3959 USDT
24h change	2.72%
24h volume	8.58M USDT
Open interest	8,778,563 PENDLE
Open interest value	20.90M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 2.100399 PENDLE
Quantity step	1 PENDLE ≈ 2.381 USDT
Price tick	0.0001000 USDT (0.00420% 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 0.41× the 20.90M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.04761 USDT per PENDLE.
Binance caps each settlement at ±2.00% — at most 0.04761 USDT per PENDLE, 2,190% annualised.
Hyperliquid shows 6,038,440 PENDLE of open interest here, 0.69× Binance's 8,778,563 PENDLE.

FAQ

PENDLEUSDT questions

Binance requires 5 USDT of notional, which at 2.3805 USDT is 2.100399 PENDLE; size then moves in steps of 1 PENDLE.

Every 8 hours. The current rate is 0.0100% — 0.0002381 USDT per PENDLE per settlement, 10.95% a year if it holds.

Open interest is 8,778,563 PENDLE (20.90M USDT) with 8.58M USDT changing hands over 24 hours.

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.04761 USDT per PENDLE at the current mark.

Run your own rules on PENDLEUSDT