AXSUSDT perpetual

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

AXSUSDT is a USDT-margined perpetual on Binance, marked at 1.2040 USDT inside a 24-hour band of 1.1815–1.3059 (1.83%). Open interest is 6,548,192 AXS, about 7.88M USDT in live exposure, against 32.66M USDT traded in 24 hours. Funding settles every 4 hours at 0.0037%, 0.00004438 USDT per AXS held.

Mark price	1.2040 USDT
24h range	1.1815 – 1.3059 USDT
24h change	1.83%
24h volume	32.66M USDT
Open interest	6,548,192 AXS
Open interest value	7.88M USDT
Funding rate	0.0037% / 4h
Minimum order	5 USDT ≈ 4.152824 AXS
Quantity step	1 AXS ≈ 1.204 USDT
Price tick	0.00010 USDT (0.00831% of mark)

At 0.0037% the long pays the short: a 10,000 USDT position moves 0.3686 USDT every 4 hours, 2.212 USDT a day, 8.07% a year.
Daily turnover runs 4.14× the 7.88M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.01605 USDT per AXS.
Binance caps each settlement at ±2.00% — at most 0.02408 USDT per AXS, 4,380% annualised.
Hyperliquid shows 295,702 AXS of open interest here, 0.05× Binance's 6,548,192 AXS.

Annualised funding, each venue on its own 4/8/4/1-hour cycle: Binance 8.07% · Bybit -8.03% · OKX -22.75% · Hyperliquid 10.95%. The gap is 33.70 points — OKX is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

AXSUSDT questions

Binance requires 5 USDT of notional, which at 1.2040 USDT is 4.152824 AXS; size then moves in steps of 1 AXS.

Every 4 hours. The current rate is 0.0037% — 0.00004438 USDT per AXS per settlement, 8.07% a year if it holds.

Open interest is 6,548,192 AXS (7.88M USDT) with 32.66M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.01605 USDT per AXS at the current mark.

Run your own rules on AXSUSDT