ZENUSDT perpetual

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

ZENUSDT is a USDT-margined perpetual on Binance, marked at 6.903 USDT inside a 24-hour band of 6.608–6.976 (3.68%). Open interest is 1,369,220.6 ZEN, about 9.45M USDT in live exposure, against 8.12M USDT traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.0006903 USDT per ZEN held.

Mark price	6.903 USDT
24h range	6.608 – 6.976 USDT
24h change	3.68%
24h volume	8.12M USDT
Open interest	1,369,220.6 ZEN
Open interest value	9.45M USDT
Funding rate	0.0100% / 8h
Minimum order	5 USDT ≈ 0.724323 ZEN
Quantity step	0.1 ZEN ≈ 0.6903 USDT
Price tick	0.001 USDT (0.01449% of mark)

At 0.0100% the long pays the short: a 10,000 USDT position moves 1.0000 USDT every 8 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 0.86× the 9.45M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.09204 USDT per ZEN.
Binance caps each settlement at ±2.00% — at most 0.1381 USDT per ZEN, 2,190% annualised.
Hyperliquid shows 235,300.2 ZEN of open interest here, 0.17× Binance's 1,369,220.6 ZEN.

Annualised funding, each venue on its own 8/8/4/1-hour cycle: Binance 10.95% · Bybit 9.94% · OKX 10.95% · Hyperliquid 10.95%. The gap is 1.01 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

FAQ

ZENUSDT questions

Binance requires 5 USDT of notional, which at 6.903 USDT is 0.724323 ZEN; size then moves in steps of 0.1 ZEN.

Every 8 hours. The current rate is 0.0100% — 0.0006903 USDT per ZEN per settlement, 10.95% a year if it holds.

Open interest is 1,369,220.6 ZEN (9.45M USDT) with 8.12M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.09204 USDT per ZEN at the current mark.

Run your own rules on ZENUSDT