SOLUSDT perpetual

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

SOLUSDT is a USDT-margined perpetual on Binance, marked at 119.66 USDT inside a 24-hour band of 117.62–120.06 (1.48%). Open interest is 8,238,910.45 SOL, about 985.87M USDT in live exposure, against 776.48M USDT traded in 24 hours. Funding settles every 8 hours at 0.0006%, 0.0007263 USDT per SOL held.

Mark price	119.66 USDT
24h range	117.62 – 120.06 USDT
24h change	1.48%
24h volume	776.48M USDT
Open interest	8,238,910.45 SOL
Open interest value	985.87M USDT
Funding rate	0.0006% / 8h
Minimum order	5 USDT ≈ 0.041785 SOL
Quantity step	0.01 SOL ≈ 1.197 USDT
Price tick	0.0100 USDT (0.00836% of mark)

At 0.0006% the long pays the short: a 10,000 USDT position moves 0.0607 USDT every 8 hours, 0.182 USDT a day, 0.66% a year.
Daily turnover runs 0.79× the 985.87M USDT sitting in open positions.
Bybit caps this contract at 100×, so initial margin starts near 1.00% of notional — 1.197 USDT per SOL.
Binance caps each settlement at ±0.38% — at most 0.4487 USDT per SOL, 411% annualised.
Hyperliquid shows 5,438,431.08 SOL of open interest here, 0.66× Binance's 8,238,910.45 SOL.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 0.66% · Bybit -4.57% · OKX 0.36% · Hyperliquid 0.50%. The gap is 5.24 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

SOLUSDT questions

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

Every 8 hours. The current rate is 0.0006% — 0.0007263 USDT per SOL per settlement, 0.66% a year if it holds.

Open interest is 8,238,910.45 SOL (985.87M USDT) with 776.48M USDT changing hands over 24 hours.

Bybit allows up to 100×, putting initial margin around 1.00% of position value — 1.197 USDT per SOL at the current mark.

Run your own rules on SOLUSDT