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Usual perpetual futures

USUAL perpetual contracts on 5 reviewed venues.

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Price$0.0126from Binance
Total open interest$2.4msummed over 9 venues
Funding spread (annualized)84.01%Kraken vs Hyperliquid
Exchanges9venues with a funding rate

Funding rates

Annualized rates across exchanges

KrakenCEX
+94.96%
BinanceCEX
+10.95%
BybitCEX
+10.95%
BitgetCEX
+10.95%
MEXCCEX
+10.95%
Gate.ioCEX
+10.95%
BingXCEX
+10.95%
KuCoinCEX
+10.95%

Open interest

Per-exchange open interest

BybitBybit
$698.3k
BitgetBitget
$633.7k
HyperliquidHyperliquid
$413.4k
Gate.ioGate.io
$406.6k
KuCoinKuCoin
$165.3k
Kraken
$78.1k

What the USUAL data shows

No venue holds half of the $2.4m in reported USUAL open interest. Bybit has the largest share, 29.2%, and Bitget is next with 26.5%.

The USUAL settlement periods differ: 6 venues settle every 4 hours; Kraken and Hyperliquid settle every hour; Gate.io settles every 8 hours.

8 of 9 venues quote the same USUAL funding rate, +10.95% a year. The one exception is Kraken at +94.96%.

Bybit quoted USUAL at $0.0126 and MEXC at $0.0126, a gap of 23.0 bps.

  • Source: public APIs of 9 venues for USUAL, read at October 3, 2026, 12:48 UTC.

Where to Trade Usual Perpetual Futures

Fees and leverage limits apply venue-wide; confirm USUAL limits with the venue.

VenueMakerTakerMax leverageRatingTrade
0.015%0.045%40x9.2USUAL
0.010%0.050%50x9.0USUAL
0.035% position fee1000x8.0USUAL
0.010%0.020%100x7.8USUAL
Free0.030%50x7.8USUAL

Usual market overview

Usual is a decentralized stablecoin protocol that distributes yield from real-world asset backing to token holders through its USD0 stablecoin. USUAL perpetual futures are available on centralized exchanges. USUAL perps offer leveraged exposure to the RWA-backed stablecoin narrative, with open interest patterns that reflect both DeFi yield sentiment and stablecoin market dynamics.

Frequently Asked Questions — Usual

What funding data is available for USUAL?

9 venues report a USUAL funding rate in this read.

An annualized USUAL rate extrapolates one reading and does not predict a return.

What open interest data is available for USUAL?

6 venues report positive USUAL open interest in this read.

The USUAL total leaves out venues outside the read.

Which mapped venue has the lowest recorded USUAL taker fee?

SynFutures lists 0.020% and Orderly Network lists 0.030%, the two lowest of 4 mapped USUAL maker/taker schedules.

1 USUAL venue charges a position fee and is not compared.

Category: DeFi