SKLUSDT perpetual

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

SKLUSDT is a USDT-margined perpetual on Binance, marked at 0.003537 USDT inside a 24-hour band of 0.003501–0.003702 (-0.06%). Open interest is 620,053,389 SKL, about 2.19M USDT in live exposure, against 3.40M USDT traded in 24 hours. Funding settles every 4 hours at -0.0129%, 0.0000004578 USDT per SKL held.

Mark price	0.003537 USDT
24h range	0.003501 – 0.003702 USDT
24h change	-0.06%
24h volume	3.40M USDT
Open interest	620,053,389 SKL
Open interest value	2.19M USDT
Funding rate	-0.0129% / 4h
Minimum order	5 USDT ≈ 1,413.447540 SKL
Quantity step	1 SKL ≈ 0.003537 USDT
Price tick	0.0000010 USDT (0.02827% of mark)

At -0.0129% the short pays the long: a 10,000 USDT position moves 1.2942 USDT every 4 hours, 7.765 USDT a day, 28.34% a year.
Daily turnover runs 1.55× the 2.19M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.0001415 USDT per SKL.
Binance caps each settlement at ±2.00% — at most 0.00007075 USDT per SKL, 4,380% annualised.

Annualised funding, each venue on its own 4/8-hour cycle: Binance -28.34% · Bybit -62.63%. The gap is 34.29 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

SKLUSDT questions

What is the smallest SKLUSDT position?

Binance requires 5 USDT of notional, which at 0.003537 USDT is 1,413.447540 SKL; size then moves in steps of 1 SKL.

How often does SKLUSDT funding settle?

Every 4 hours. The current rate is -0.0129% — 0.0000004578 USDT per SKL per settlement, 28.34% a year if it holds.

How liquid is SKLUSDT right now?

Open interest is 620,053,389 SKL (2.19M USDT) with 3.40M USDT changing hands over 24 hours.

What leverage is available on SKLUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.0001415 USDT per SKL at the current mark.

Run your own rules on SKLUSDT