Dear users,
We are pleased to announce that USDT-margined perpetual swaps for APT will be enabled at 01:20 am UTC on October. 19. The updates will cover both the web and app interfaces as well as API. The details are as follows:
APTUSDT Perpetual Swap:
|
Feature
|
Details
|
|
Underlying
|
APT/USDT Index
|
|
Settlement asset
|
USDT
|
|
Face value
|
1 APT
|
|
Price quotation
|
1 APT value calculated in USDT equivalent
|
|
Tick size
|
0.0001
|
|
Leverage
|
0.01-75 x
|
|
Funding rate
|
Clamp(MA(((best bid + best offer) / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0
|
|
Trading hours
|
24/7
|
Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 16:00 pm UTC on October. 19 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 1.50% (the funding fee of this period will be charged at 8:00 am UTC on October. 20).
The price limit rules of APT USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details.
USDT-margined perpetual swap trading: OKX USDT Margined Perpetual Swap Trading User Agreement & Guide
OKX
October. 18, 2022 (UTC)
