SOLUSDC perpetual

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

SOLUSDC is a USDC-margined perpetual on Binance, marked at 119.66 USDC inside a 24-hour band of 117.59–120.04 (1.45%). Open interest is 1,202,090.67 SOL, about 143.84M USDC in live exposure, against 100.42M USDC traded in 24 hours. Funding settles every 8 hours at 0.0002%, 0.0002692 USDC per SOL held.

Mark price	119.66 USDC
24h range	117.59 – 120.04 USDC
24h change	1.45%
24h volume	100.42M USDC
Open interest	1,202,090.67 SOL
Open interest value	143.84M USDC
Funding rate	0.0002% / 8h
Minimum order	5 USDC ≈ 0.041785 SOL
Quantity step	0.01 SOL ≈ 1.197 USDC
Price tick	0.0100 USDC (0.00836% of mark)

At 0.0002% the long pays the short: a 10,000 USDC position moves 0.0225 USDC every 8 hours, 0.068 USDC a day, 0.25% a year.
Daily turnover runs 0.70× the 143.84M USDC sitting in open positions.
Hyperliquid caps this contract at 20×, so initial margin starts near 5.00% of notional — 5.983 USDC per SOL.
Binance caps each settlement at ±0.38% — at most 0.4487 USDC per SOL, 411% annualised.
Hyperliquid shows 5,438,431.08 SOL of open interest here, 4.52× Binance's 1,202,090.67 SOL.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 0.25% · Hyperliquid 0.50%. The gap is 0.25 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

SOLUSDC questions

Binance requires 5 USDC of notional, which at 119.66 USDC is 0.041785 SOL; size then moves in steps of 0.01 SOL.

Every 8 hours. The current rate is 0.0002% — 0.0002692 USDC per SOL per settlement, 0.25% a year if it holds.

Open interest is 1,202,090.67 SOL (143.84M USDC) with 100.42M USDC changing hands over 24 hours.

Hyperliquid allows up to 20×, putting initial margin around 5.00% of position value — 5.983 USDC per SOL at the current mark.

Run your own rules on SOLUSDC