POLUSDT perpetual

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

POLUSDT is a USDT-margined perpetual on Binance, marked at 0.11020 USDT inside a 24-hour band of 0.10505–0.11027 (4.47%). Open interest is 194,328,328 POL, about 21.41M USDT in live exposure, against 9.89M USDT traded in 24 hours. Funding settles every 4 hours at 0.0021%, 0.000002319 USDT per POL held.

Mark price	0.11020 USDT
24h range	0.10505 – 0.11027 USDT
24h change	4.47%
24h volume	9.89M USDT
Open interest	194,328,328 POL
Open interest value	21.41M USDT
Funding rate	0.0021% / 4h
Minimum order	5 USDT ≈ 45.372051 POL
Quantity step	1 POL ≈ 0.1102 USDT
Price tick	0.0000100 USDT (0.00907% of mark)

At 0.0021% the long pays the short: a 10,000 USDT position moves 0.2104 USDT every 4 hours, 1.262 USDT a day, 4.61% a year.
Daily turnover runs 0.46× the 21.41M USDT sitting in open positions.
Bybit caps this contract at 75×, so initial margin starts near 1.33% of notional — 0.001469 USDT per POL.
Binance caps each settlement at ±2.00% — at most 0.002204 USDT per POL, 4,380% annualised.
Hyperliquid shows 64,531,694 POL of open interest here, 0.33× Binance's 194,328,328 POL.

Annualised funding, each venue on its own 4/4/4/1-hour cycle: Binance 4.61% · Bybit 10.95% · OKX 6.20% · Hyperliquid 10.95%. The gap is 6.34 points — Binance is the cheapest venue to hold a long here, Bybit the dearest.

FAQ

POLUSDT questions

Binance requires 5 USDT of notional, which at 0.11020 USDT is 45.372051 POL; size then moves in steps of 1 POL.

Every 4 hours. The current rate is 0.0021% — 0.000002319 USDT per POL per settlement, 4.61% a year if it holds.

Open interest is 194,328,328 POL (21.41M USDT) with 9.89M USDT changing hands over 24 hours.

Bybit allows up to 75×, putting initial margin around 1.33% of position value — 0.001469 USDT per POL at the current mark.

Run your own rules on POLUSDT