OKX to List Coin-margined Perpetual Swap for 1INCH/BTT/GRT/KSM

Publikováno dne 9. 4. 2021Doba čtení: 2 min

Dear users,

We are pleased to announce that Coin-margined Perpetual Swap for 1INCH/BTT/GRT/KSM will be listed at 9:00 am UTC on Apr. 9.

The updates will cover both the web and app interfaces as well as API. The details are as follows:

1INCHUSD Perpetual Swap:

Feature

Details

Underlying

1INCH/USD Index

Settlement Coin

1INCH

Face Value

USD10

Price Quotation

1 1INCH value calculated in USD equivalent

Tick Size

0.0001

Leverage

0.01-75x

Funding Rate

Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0

Trading Hours

24/7

BTTUSD Perpetual Swap:

Feature

Details

Underlying

BTT/USD Index

Settlement Coin

BTT

Face Value

USD10

Price Quotation

1 BTT value calculated in USD equivalent

Tick Size

0.0000001

Leverage

0.01-75x

Funding Rate

Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0

Trading Hours

24/7

GRTUSD Perpetual Swap:

Feature

Details

Underlying

GRT/USD Index

Settlement Coin

GRT

Face Value

USD10

Price Quotation

1 GRT value calculated in USD equivalent

Tick Size

0.0001

Leverage

0.01-75x

Funding Rate

Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0

Trading Hours

24/7

KSMUSD Perpetual Swap:

Feature

Details

Underlying

KSM/USD Index

Settlement Coin

KSM

Face Value

USD10

Price Quotation

1 KSM value calculated in USD equivalent

Tick Size

0.01

Leverage

0.01-75x

Funding Rate

Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), 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 4:00 pm UTC on Apr. 9 is 0.03%. After 4:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 3% (the funding fee of this period will be charged at 8:00 am UTC on Apr. 10).

The price limit rules of 1INCH/BTT/GRT/KSM Coin-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details.

Coin-margined perpetual swap trading: OKX-Coin-Margined-Perpetual-Swap-Trading-User-Agreement-Guide

Regards,
OKX
Apr. 9, 2021 (UTC)

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