PIXELUSDT perpetual

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

PIXELUSDT is a USDT-margined perpetual on Binance, marked at 0.006314 USDT inside a 24-hour band of 0.005883–0.006559 (7.00%). Open interest is 352,661,079 PIXEL, about 2.23M USDT in live exposure, against 5.29M USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.0000003157 USDT per PIXEL held.

Mark price	0.006314 USDT
24h range	0.005883 – 0.006559 USDT
24h change	7.00%
24h volume	5.29M USDT
Open interest	352,661,079 PIXEL
Open interest value	2.23M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 791.891036 PIXEL
Quantity step	1 PIXEL ≈ 0.006314 USDT
Price tick	0.0000010 USDT (0.01584% of mark)

At 0.0050% the long pays the short: a 10,000 USDT position moves 0.5000 USDT every 4 hours, 3.000 USDT a day, 10.95% a year.
Daily turnover runs 2.38× the 2.23M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.0002526 USDT per PIXEL.
Binance caps each settlement at ±2.00% — at most 0.0001263 USDT per PIXEL, 4,380% annualised.
Hyperliquid shows 0 PIXEL of open interest here, 0.00× Binance's 352,661,079 PIXEL.

Annualised funding, each venue on its own 4/4/1-hour cycle: Binance 10.95% · Bybit 10.95% · Hyperliquid 0.00%. The gap is 10.95 points — Hyperliquid is the cheapest venue to hold a long here, Binance the dearest.

FAQ

PIXELUSDT questions

Binance requires 5 USDT of notional, which at 0.006314 USDT is 791.891036 PIXEL; size then moves in steps of 1 PIXEL.

Every 4 hours. The current rate is 0.0050% — 0.0000003157 USDT per PIXEL per settlement, 10.95% a year if it holds.

Open interest is 352,661,079 PIXEL (2.23M USDT) with 5.29M USDT changing hands over 24 hours.

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.0002526 USDT per PIXEL at the current mark.

Run your own rules on PIXELUSDT