XRPUSDT perpetual

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

XRPUSDT is a USDT-margined perpetual on Binance, marked at 1.4886 USDT inside a 24-hour band of 1.4703–1.4954 (1.14%). Open interest is 312,368,665.5 XRP, about 464.99M USDT in live exposure, against 383.84M USDT traded in 24 hours. Funding settles every 8 hours at 0.0037%, 0.00005453 USDT per XRP held.

Mark price	1.4886 USDT
24h range	1.4703 – 1.4954 USDT
24h change	1.14%
24h volume	383.84M USDT
Open interest	312,368,665.5 XRP
Open interest value	464.99M USDT
Funding rate	0.0037% / 8h
Minimum order	5 USDT ≈ 3.358861 XRP
Quantity step	0.1 XRP ≈ 0.1489 USDT
Price tick	0.0001 USDT (0.00672% of mark)

At 0.0037% the long pays the short: a 10,000 USDT position moves 0.3663 USDT every 8 hours, 1.099 USDT a day, 4.01% a year.
Daily turnover runs 0.83× the 464.99M USDT sitting in open positions.
Bybit caps this contract at 100×, so initial margin starts near 1.00% of notional — 0.01489 USDT per XRP.
Binance caps each settlement at ±0.38% — at most 0.005582 USDT per XRP, 411% annualised.
Hyperliquid shows 193,675,768.0 XRP of open interest here, 0.62× Binance's 312,368,665.5 XRP.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 4.01% · Bybit 2.72% · OKX -0.06% · Hyperliquid 10.95%. The gap is 11.01 points — OKX is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

XRPUSDT questions

Binance requires 5 USDT of notional, which at 1.4886 USDT is 3.358861 XRP; size then moves in steps of 0.1 XRP.

Every 8 hours. The current rate is 0.0037% — 0.00005453 USDT per XRP per settlement, 4.01% a year if it holds.

Open interest is 312,368,665.5 XRP (464.99M USDT) with 383.84M USDT changing hands over 24 hours.

Bybit allows up to 100×, putting initial margin around 1.00% of position value — 0.01489 USDT per XRP at the current mark.

Run your own rules on XRPUSDT