SUSDT perpetual

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

SUSDT is a USDT-margined perpetual on Binance, marked at 0.02115 USDT inside a 24-hour band of 0.02063–0.02132 (0.19%). Open interest is 122,823,970 S, about 2.60M USDT in live exposure, against 1.75M USDT traded in 24 hours. Funding settles every 4 hours at -0.0109%, 0.000002309 USDT per S held.

Mark price	0.02115 USDT
24h range	0.02063 – 0.02132 USDT
24h change	0.19%
24h volume	1.75M USDT
Open interest	122,823,970 S
Open interest value	2.60M USDT
Funding rate	-0.0109% / 4h
Minimum order	5 USDT ≈ 236.406619 S
Quantity step	1 S ≈ 0.02115 USDT
Price tick	0.0000100 USDT (0.04728% of mark)

At -0.0109% the short pays the long: a 10,000 USDT position moves 1.0918 USDT every 4 hours, 6.551 USDT a day, 23.91% a year.
Daily turnover runs 0.67× the 2.60M USDT sitting in open positions.
Bybit caps this contract at 50×, so initial margin starts near 2.00% of notional — 0.0004230 USDT per S.
Binance caps each settlement at ±2.00% — at most 0.0004230 USDT per S, 4,380% annualised.

Annualised funding, each venue on its own 4/4/4/1-hour cycle: Binance -23.91% · Bybit 10.95% · OKX -13.00% · Hyperliquid -24.63%. The gap is 35.58 points — Hyperliquid is the cheapest venue to hold a long here, Bybit the dearest.

SUSDT questions

What is the smallest SUSDT position?

Binance requires 5 USDT of notional, which at 0.02115 USDT is 236.406619 S; size then moves in steps of 1 S.

How often does SUSDT funding settle?

Every 4 hours. The current rate is -0.0109% — 0.000002309 USDT per S per settlement, 23.91% a year if it holds.

How liquid is SUSDT right now?

Open interest is 122,823,970 S (2.60M USDT) with 1.75M USDT changing hands over 24 hours.

What leverage is available on SUSDT?

Bybit allows up to 50×, putting initial margin around 2.00% of position value — 0.0004230 USDT per S at the current mark.

Run your own rules on SUSDT