ZRXUSDT perpetual

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

ZRXUSDT is a USDT-margined perpetual on Binance, marked at 0.0794 USDT inside a 24-hour band of 0.0760–0.0798 (1.41%). Open interest is 14,282,943.9 ZRX, about 1.13M USDT in live exposure, against 999,426 USDT traded in 24 hours. Funding settles every 4 hours at 0.0050%, 0.000003968 USDT per ZRX held.

Mark price	0.0794 USDT
24h range	0.0760 – 0.0798 USDT
24h change	1.41%
24h volume	999,426 USDT
Open interest	14,282,943.9 ZRX
Open interest value	1.13M USDT
Funding rate	0.0050% / 4h
Minimum order	5 USDT ≈ 63.011972 ZRX
Quantity step	0.1 ZRX ≈ 0.007935 USDT
Price tick	0.0001 USDT (0.12602% 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 0.88× the 1.13M USDT sitting in open positions.
Bybit caps this contract at 25×, so initial margin starts near 4.00% of notional — 0.003174 USDT per ZRX.
Binance caps each settlement at ±2.00% — at most 0.001587 USDT per ZRX, 4,380% annualised.

Annualised funding, each venue on its own 4/8/4-hour cycle: Binance 10.95% · Bybit -58.81% · OKX -18.13%. The gap is 69.76 points — Bybit is the cheapest venue to hold a long here, Binance the dearest.

ZRXUSDT questions

What is the smallest ZRXUSDT position?

Binance requires 5 USDT of notional, which at 0.0794 USDT is 63.011972 ZRX; size then moves in steps of 0.1 ZRX.

How often does ZRXUSDT funding settle?

Every 4 hours. The current rate is 0.0050% — 0.000003968 USDT per ZRX per settlement, 10.95% a year if it holds.

How liquid is ZRXUSDT right now?

Open interest is 14,282,943.9 ZRX (1.13M USDT) with 999,426 USDT changing hands over 24 hours.

What leverage is available on ZRXUSDT?

Bybit allows up to 25×, putting initial margin around 4.00% of position value — 0.003174 USDT per ZRX at the current mark.

Run your own rules on ZRXUSDT