SNXUSDT perpetual

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

SNXUSDT is a USDT-margined perpetual on Binance, marked at 0.2094 USDT inside a 24-hour band of 0.2051–0.2150 (-0.05%). Open interest is 11,254,096.3 SNX, about 2.36M USDT in live exposure, against 4.55M USDT traded in 24 hours. Funding settles every 8 hours at 0.0017%, 0.000003609 USDT per SNX held.

Mark price	0.2094 USDT
24h range	0.2051 – 0.2150 USDT
24h change	-0.05%
24h volume	4.55M USDT
Open interest	11,254,096.3 SNX
Open interest value	2.36M USDT
Funding rate	0.0017% / 8h
Minimum order	5 USDT ≈ 23.883387 SNX
Quantity step	0.1 SNX ≈ 0.02094 USDT
Price tick	0.000100 USDT (0.04777% of mark)

At 0.0017% the long pays the short: a 10,000 USDT position moves 0.1724 USDT every 8 hours, 0.517 USDT a day, 1.89% a year.
Daily turnover runs 1.93× the 2.36M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.008374 USDT per SNX.
Binance caps each settlement at ±2.00% — at most 0.004187 USDT per SNX, 2,190% annualised.

Annualised funding, each venue on its own 8/8/8/1-hour cycle: Binance 1.89% · Bybit 10.95% · OKX -2.62% · Hyperliquid 10.95%. The gap is 13.57 points — OKX is the cheapest venue to hold a long here, Bybit the dearest.

SNXUSDT questions

What is the smallest SNXUSDT position?

Binance requires 5 USDT of notional, which at 0.2094 USDT is 23.883387 SNX; size then moves in steps of 0.1 SNX.

How often does SNXUSDT funding settle?

Every 8 hours. The current rate is 0.0017% — 0.000003609 USDT per SNX per settlement, 1.89% a year if it holds.

How liquid is SNXUSDT right now?

Open interest is 11,254,096.3 SNX (2.36M USDT) with 4.55M USDT changing hands over 24 hours.

What leverage is available on SNXUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.008374 USDT per SNX at the current mark.

Run your own rules on SNXUSDT