# COWUSDT on Binance USDT-M — instrument statistics

> Machine-readable twin of https://cryptostruct.com/analyze/instrument/8374 (an interactive dashboard that needs JavaScript).
> This document: https://cryptostruct.com/analyze/instrument/8374.md · Source: CryptoStruct's own tick-by-tick recordings.

COWUSDT is a perpetual instrument on Binance USDT-M (COW/USDT). Master data, archive coverage and daily market statistics below.

## Instrument master data

| Field | Value |
| --- | --- |
| Instrument | COWUSDT (id 8374) |
| Exchange | Binance USDT-M (`binance_swap`) |
| Class | perpetual · linear |
| Pair | COW/USDT |
| State | open |
| Tick size | 0.0001 |
| Lot size | 1 |
| Minimum order | 1 COW |
| Minimum notional | 5 USDT |
| Funding interval | 4 h |
| Listed | 2024-11-06 |

Exchange-published rules as synced on 2026-10-07; venues change them — check the venue before trading.

## Archive coverage

700 recorded UTC days from 2024-11-06 to 2026-10-06 — every trade, every order-book update at full depth and every quote of the venue's feed, one zstd-compressed JSON-lines file per day.

## Daily market statistics (last 30 recorded days)

Averages over these days: $3,042,245 turnover and 46,333 trades per day, quoted spread 6.96 bps, top-of-book depth $600, top-20 depth $74,870 (mid-side total notional over the top 20 levels).

| UTC day | Trades | Turnover USD | Avg spread bps | Top-of-book depth USD | Top-20 depth USD |
| --- | --- | --- | --- | --- | --- |
| 2026-10-06 | 22,213 | $1,167,126 | 6.49 | $701 | $69,186 |
| 2026-10-05 | 20,347 | $1,243,950 | 6.35 | $691 | $72,780 |
| 2026-10-04 | 20,524 | $1,025,445 | 6.33 | $682 | $72,395 |
| 2026-10-03 | 22,033 | $1,242,061 | 6.23 | $707 | $73,736 |
| 2026-10-02 | 42,419 | $2,470,029 | 6.28 | $588 | $65,803 |
| 2026-10-01 | 37,847 | $2,488,137 | 6.07 | $600 | $73,466 |
| 2026-09-30 | 72,304 | $5,435,298 | 6.22 | $479 | $74,011 |
| 2026-09-29 | 73,356 | $4,651,560 | 6.3 | $502 | $90,421 |
| 2026-09-28 | 91,940 | $5,214,010 | 6.56 | $510 | $84,369 |
| 2026-09-27 | 248,049 | $20,531,844 | 6.21 | $778 | $83,597 |
| 2026-09-26 | 25,123 | $1,503,782 | 6.59 | $441 | $64,338 |
| 2026-09-25 | 30,465 | $2,007,363 | 6.82 | $490 | $74,547 |
| 2026-09-24 | 33,172 | $1,723,295 | 7.16 | $473 | $77,999 |
| 2026-09-23 | 39,308 | $2,368,551 | 6.79 | $476 | $79,374 |
| 2026-09-22 | 50,834 | $3,027,560 | 6.66 | $419 | $72,182 |
| 2026-09-21 | 44,219 | $2,788,607 | 6.55 | $504 | $79,367 |
| 2026-09-20 | 55,397 | $4,001,442 | 7.28 | $474 | $64,259 |
| 2026-09-19 | 63,349 | $4,427,690 | 6.8 | $449 | $63,448 |
| 2026-09-18 | 37,265 | $2,716,002 | 7.6 | $491 | $71,205 |
| 2026-09-17 | 22,788 | $1,166,167 | 7.67 | $667 | $65,736 |
| 2026-09-16 | 30,045 | $1,963,904 | 8.05 | $615 | $73,594 |
| 2026-09-15 | 27,620 | $1,668,243 | 7.63 | $581 | $70,314 |
| 2026-09-14 | 30,281 | $1,646,567 | 7.44 | $576 | $62,076 |
| 2026-09-13 | 34,560 | $2,280,712 | 7.26 | $770 | $74,683 |
| 2026-09-12 | 31,822 | $1,972,988 | 7.36 | $690 | $71,183 |
| 2026-09-11 | 31,378 | $1,886,426 | 7.77 | $661 | $78,685 |
| 2026-09-10 | 35,150 | $2,005,396 | 7.73 | $706 | $77,901 |
| 2026-09-09 | 37,641 | $2,200,247 | 7.41 | $647 | $85,855 |
| 2026-09-08 | 42,490 | $2,412,424 | 7.49 | $733 | $81,990 |
| 2026-09-07 | 36,042 | $2,030,530 | 7.54 | $885 | $97,586 |

## Get the data

- Rolling 24 h of 1-minute statistics as CSV (free, no auth): https://cryptostruct.com/api/analyze/instrument-last-24h-minutes/8374?format=csv
- Full tick-by-tick day files, €1 per instrument-day, no subscription, no account: https://cryptostruct.com/shop?i=8374
- Free sample days: https://cryptostruct.com/download · MCP server for agents: https://cryptostruct.com/mcp