ZENUSDT perpetual

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

ZENUSDT is a USDT-margined perpetual on Binance, marked at 3.831 USDT inside a 24-hour band of 3.727–3.872 (-0.31%). Open interest is 1,195,333.1 ZEN, about 4.58M USDT in live exposure, against 3.29M USDT traded in 24 hours. Funding settles every 8 hours at 0.0051%, 0.0001941 USDT per ZEN held.

Mark price	3.831 USDT
24h range	3.727 – 3.872 USDT
24h change	-0.31%
24h volume	3.29M USDT
Open interest	1,195,333.1 ZEN
Open interest value	4.58M USDT
Funding rate	0.0051% / 8h
Minimum order	5 USDT ≈ 1.304978 ZEN
Quantity step	0.1 ZEN ≈ 0.3831 USDT
Price tick	0.001 USDT (0.02610% of mark)

At 0.0051% the long pays the short: a 10,000 USDT position moves 0.5065 USDT every 8 hours, 1.519 USDT a day, 5.55% a year.
Daily turnover runs 0.72× the 4.58M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.1533 USDT per ZEN.
Binance caps each settlement at ±2.00% — at most 0.07663 USDT per ZEN, 2,190% annualised.

Annualised funding, each venue on its own 8/8/4/1-hour cycle: Binance 5.55% · Bybit -3.95% · OKX 10.95% · Hyperliquid 10.95%. The gap is 14.90 points — Bybit is the cheapest venue to hold a long here, OKX the dearest.

ZENUSDT questions

What is the smallest ZENUSDT position?

Binance requires 5 USDT of notional, which at 3.831 USDT is 1.304978 ZEN; size then moves in steps of 0.1 ZEN.

How often does ZENUSDT funding settle?

Every 8 hours. The current rate is 0.0051% — 0.0001941 USDT per ZEN per settlement, 5.55% a year if it holds.

How liquid is ZENUSDT right now?

Open interest is 1,195,333.1 ZEN (4.58M USDT) with 3.29M USDT changing hands over 24 hours.

What leverage is available on ZENUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.1533 USDT per ZEN at the current mark.

Run your own rules on ZENUSDT