GMXUSDT perpetual

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

GMXUSDT is a USDT-margined perpetual on Binance, marked at 6.490 USDT inside a 24-hour band of 6.409–6.738 (-2.73%). Open interest is 258,632.60 GMX, about 1.68M USDT in live exposure, against 1.53M USDT traded in 24 hours. Funding settles every 8 hours at 0.0005%, 0.00003154 USDT per GMX held.

Mark price	6.490 USDT
24h range	6.409 – 6.738 USDT
24h change	-2.73%
24h volume	1.53M USDT
Open interest	258,632.60 GMX
Open interest value	1.68M USDT
Funding rate	0.0005% / 8h
Minimum order	5 USDT ≈ 0.770359 GMX
Quantity step	0.01 GMX ≈ 0.06490 USDT
Price tick	0.001000 USDT (0.01541% of mark)

At 0.0005% the long pays the short: a 10,000 USDT position moves 0.0486 USDT every 8 hours, 0.146 USDT a day, 0.53% a year.
Daily turnover runs 0.91× the 1.68M USDT sitting in open positions.
Bybit caps this contract at 20×, so initial margin starts near 5.00% of notional — 0.3245 USDT per GMX.
Binance caps each settlement at ±2.00% — at most 0.1298 USDT per GMX, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 0.53% · Bybit 10.95% · OKX 10.95% · Hyperliquid 10.95%. The gap is 10.42 points — Binance is the cheapest venue to hold a long here, Bybit the dearest.

GMXUSDT questions

What is the smallest GMXUSDT position?

Binance requires 5 USDT of notional, which at 6.490 USDT is 0.770359 GMX; size then moves in steps of 0.01 GMX.

How often does GMXUSDT funding settle?

Every 8 hours. The current rate is 0.0005% — 0.00003154 USDT per GMX per settlement, 0.53% a year if it holds.

How liquid is GMXUSDT right now?

Open interest is 258,632.60 GMX (1.68M USDT) with 1.53M USDT changing hands over 24 hours.

What leverage is available on GMXUSDT?

Bybit allows up to 20×, putting initial margin around 5.00% of position value — 0.3245 USDT per GMX at the current mark.

Run your own rules on GMXUSDT