AXLUSDT perpetual

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

AXLUSDT is a USDT-margined perpetual on Binance, marked at 0.03733 USDT inside a 24-hour band of 0.03588–0.03775 (1.03%). Open interest is 30,107,432.3 AXL, about 1.12M USDT in live exposure, against 634,619 USDT traded in 24 hours. Funding settles every 4 hours at -0.0034%, 0.000001279 USDT per AXL held.

Mark price	0.03733 USDT
24h range	0.03588 – 0.03775 USDT
24h change	1.03%
24h volume	634,619 USDT
Open interest	30,107,432.3 AXL
Open interest value	1.12M USDT
Funding rate	-0.0034% / 4h
Minimum order	5 USDT ≈ 133.939418 AXL
Quantity step	0.1 AXL ≈ 0.003733 USDT
Price tick	0.0000100 USDT (0.02679% of mark)

At -0.0034% the short pays the long: a 10,000 USDT position moves 0.3425 USDT every 4 hours, 2.055 USDT a day, 7.50% a year.
Daily turnover runs 0.56× the 1.12M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.001493 USDT per AXL.
Binance caps each settlement at ±2.00% — at most 0.0007466 USDT per AXL, 4,380% annualised.

Annualised funding, each venue on its own 4/4-hour cycle: Binance -7.50% · Bybit 10.95%. The gap is 18.45 points — Binance is the cheapest venue to hold a long here, Bybit the dearest.

AXLUSDT questions

What is the smallest AXLUSDT position?

Binance requires 5 USDT of notional, which at 0.03733 USDT is 133.939418 AXL; size then moves in steps of 0.1 AXL.

How often does AXLUSDT funding settle?

Every 4 hours. The current rate is -0.0034% — 0.000001279 USDT per AXL per settlement, 7.50% a year if it holds.

How liquid is AXLUSDT right now?

Open interest is 30,107,432.3 AXL (1.12M USDT) with 634,619 USDT changing hands over 24 hours.

What leverage is available on AXLUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.001493 USDT per AXL at the current mark.

Run your own rules on AXLUSDT