TURBOUSDT perpetual

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

TURBOUSDT is a USDT-margined perpetual on Binance, marked at 0.0010417 USDT inside a 24-hour band of 0.0010058–0.0010551 (3.19%). Open interest is 2,665,669,600 TURBO, about 2.78M USDT in live exposure, against 1.91M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0000000521 USDT per TURBO held.

Mark price	0.0010417 USDT
24h range	0.0010058 – 0.0010551 USDT
24h change	3.19%
24h volume	1.91M USDT
Open interest	2,665,669,600 TURBO
Open interest value	2.78M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 4,800.030720 TURBO
Quantity step	1 TURBO ≈ 0.001042 USDT
Price tick	0.0000001 USDT (0.00960% of mark)

At 0.0050% the long pays the short: a 10,000 USDT position moves 0.5000 USDT every 4 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 0.69× the 2.78M USDT sitting in open positions.
OKX caps this contract at 20×, so initial margin starts near 5.00% of notional — 0.00005208 USDT per TURBO.
Binance caps each settlement at ±2.00% — at most 0.00002083 USDT per TURBO, 4,380% annualised.
Hyperliquid shows 244,204,448 TURBO of open interest here, 0.09× Binance's 2,665,669,600 TURBO.

FAQ

TURBOUSDT questions

Binance requires 5 USDT of notional, which at 0.0010417 USDT is 4,800.030720 TURBO; size then moves in steps of 1 TURBO.

Every 4 hours. The current rate is 0.0050% — 0.0000000521 USDT per TURBO per settlement, 10.95% a year if it holds.

Open interest is 2,665,669,600 TURBO (2.78M USDT) with 1.91M USDT changing hands over 24 hours.

OKX allows up to 20×, putting initial margin around 5.00% of position value — 0.00005208 USDT per TURBO at the current mark.

Run your own rules on TURBOUSDT