POLYXUSDT perpetual

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

POLYXUSDT is a USDT-margined perpetual on Binance, marked at 0.03290 USDT inside a 24-hour band of 0.03183–0.03313 (1.14%). Open interest is 34,313,702 POLYX, about 1.13M USDT in live exposure, against 630,838 USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.000001645 USDT per POLYX held.

Mark price	0.03290 USDT
24h range	0.03183 – 0.03313 USDT
24h change	1.14%
24h volume	630,838 USDT
Open interest	34,313,702 POLYX
Open interest value	1.13M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 151.975684 POLYX
Quantity step	1 POLYX ≈ 0.03290 USDT
Price tick	0.0000100 USDT (0.03040% 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 0.56× the 1.13M USDT sitting in open positions.
Bybit caps this contract at 12×, so initial margin starts near 8.00% of notional — 0.002632 USDT per POLYX.
Binance caps each settlement at ±2.00% — at most 0.0006580 USDT per POLYX, 4,380% annualised.

POLYXUSDT questions

What is the smallest POLYXUSDT position?

Binance requires 5 USDT of notional, which at 0.03290 USDT is 151.975684 POLYX; size then moves in steps of 1 POLYX.

How often does POLYXUSDT funding settle?

Every 4 hours. The current rate is 0.0050% — 0.000001645 USDT per POLYX per settlement, 10.95% a year if it holds.

How liquid is POLYXUSDT right now?

Open interest is 34,313,702 POLYX (1.13M USDT) with 630,838 USDT changing hands over 24 hours.

What leverage is available on POLYXUSDT?

Bybit allows up to 12×, putting initial margin around 8.00% of position value — 0.002632 USDT per POLYX at the current mark.

Run your own rules on POLYXUSDT