Adjustment of Perpetual Swap Tiered Maintenance Margin Ratio Schedule
Dear valued customers,
In order to increase the position limit of perpetual swap, enhance the liquidity of the market and minimize market risks, we will adjust the tiered maintenance margin ratio schedule of the perpetual swap market at the end of May. Details as follow:
A. Adjustment Time
|
Time |
Asset |
|
08:00 – 09:00 May 29, 2019 (CET, UTC+1) |
BSV, TRX, ETC |
|
08:00 – 09:00 May 30, 2019 (CET, UTC+1) |
BCH, XRP, LTC |
|
08:00 – 09:00 May 31, 2019 (CET, UTC+1) |
BTC, EOS, ETH |
NOTE: If a volatile market condition takes place during the scheduled time, the adjustment may be postponed. Details will be further announced if a postponement happens.
B. Risk Reminder
Due to the recent market volatility, the maintenance margin ratio and available leverage level of your position may vary from the existing requirements after the adjustment. Please make sure you read through the adjustment details below and fully understand the changes in your position’s maintenance margin ratio caused by the adjustment. For positions of higher risks, it is recommended to minimize forced-liquidation risk by closing or reducing the positions or adding margin.
C. Adjustment Details
- Existing Tiered Maintenance Margin Ratio: https://www.OKX.com/future/swap/position
- The new Tiered Maintenance Margin Ratio Schedule after adjustment:
BTC:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~999 |
0.5% |
100 |
|
2 |
1,000~9,999 |
1.0% |
50 |
|
3 |
10,000~14999 |
1.5% |
30 |
|
4 |
15,000~24,999 |
2.0% |
20 |
|
5 |
25,000~49,999 |
2.5% |
15 |
|
6 |
50,000~74,999 |
3.0% |
10 |
|
7 |
75,000~99,999 |
3.5% |
9 |
|
8 |
100,000~109,999 |
4.0% |
8 |
|
9 |
110,000~119,999 |
4.5% |
8 |
|
10 |
120,000~129,999 |
5.0% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,890,000~1,899,999 |
93.5% |
1 |
EOS:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~2,499 |
1.0% |
50 |
|
2 |
2,500~9,999 |
1.5% |
30 |
|
3 |
10,000~49,999 |
2.0% |
20 |
|
4 |
50,000~99,999 |
2.5% |
15 |
|
5 |
100,000~199,999 |
3.0% |
10 |
|
6 |
200,000~209,999 |
3.5% |
9 |
|
7 |
210,000~219,999 |
4.0% |
9 |
|
8 |
220,000~229,999 |
4.5% |
8 |
|
9 |
230,000~239,999 |
5.0% |
8 |
|
10 |
240,000~249,999 |
5.5% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,940,000~1,949,999 |
90.5% |
1 |
ETH:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~2,499 |
1.0% |
50 |
|
2 |
2,500~9,999 |
1.5% |
30 |
|
3 |
10,000~49,999 |
2.0% |
20 |
|
4 |
50,000~99,999 |
2.5% |
15 |
|
5 |
100,000~199,999 |
3.0% |
10 |
|
6 |
200,000~209,999 |
3.5% |
9 |
|
7 |
210,000~219,999 |
4.0% |
9 |
|
8 |
220,000~229,999 |
4.5% |
8 |
|
9 |
230,000~239,999 |
5.0% |
8 |
|
10 |
240,000~249,999 |
5.5% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,940,000~1,949,999 |
90.5% |
1 |
LTC:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~999 |
1.0% |
50 |
|
2 |
1,000~4,999 |
1.5% |
30 |
|
3 |
5,000~9,999 |
2.0% |
20 |
|
4 |
10,000~24,999 |
2.5% |
15 |
|
5 |
25,000~49,999 |
3.0% |
10 |
|
6 |
50,000~59,999 |
3.5% |
9 |
|
7 |
60,000~69,999 |
4.0% |
9 |
|
8 |
70,000~79,999 |
4.5% |
8 |
|
9 |
80,000~89,999 |
5.0% |
8 |
|
10 |
90,000~99,999 |
5.5% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,840,000~1,849,999 |
93.0% |
1 |
BCH:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~999 |
1.0% |
50 |
|
2 |
1,000~4,999 |
1.5% |
30 |
|
3 |
5,000~9,999 |
2.0% |
20 |
|
4 |
10,000~24,999 |
2.5% |
15 |
|
5 |
25,000~49,999 |
3.0% |
10 |
|
6 |
50,000~59,999 |
3.5% |
9 |
|
7 |
60,000~69,999 |
4.0% |
9 |
|
8 |
70,000~79,999 |
4.5% |
8 |
|
9 |
80,000~89,999 |
5.0% |
8 |
|
10 |
90,000~99,999 |
5.5% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,840,000~1,849,999 |
93.0% |
1 |
XRP:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~2,499 |
1.5% |
30 |
|
2 |
2,500~9,999 |
2.0% |
20 |
|
3 |
10,000~19,999 |
2.5% |
15 |
|
4 |
20,000~49,999 |
3.0% |
10 |
|
5 |
50,000~54,999 |
3.5% |
9 |
|
6 |
55,000~59,999 |
4.0% |
9 |
|
7 |
60,000~64,999 |
4.5% |
8 |
|
8 |
65,000~69,999 |
5.0% |
8 |
|
9 |
70,000~74,999 |
5.5% |
8 |
|
10 |
75,000~79,999 |
6.0% |
8 |
|
... |
… (Step size 5,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
945000~949999 |
93.0% |
1 |
ETC:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~2499 |
1.5% |
30 |
|
2 |
2,500~9,999 |
2.0% |
20 |
|
3 |
10,000~19,999 |
2.5% |
15 |
|
4 |
20,000~49,999 |
3.0% |
10 |
|
5 |
50,000~59,999 |
3.5% |
9 |
|
6 |
60,000~69,999 |
4.0% |
9 |
|
7 |
70,000~79,999 |
4.5% |
8 |
|
8 |
80,000~89,999 |
5.0% |
8 |
|
9 |
90,000~99,999 |
5.5% |
8 |
|
10 |
100000~109999 |
6.0% |
8 |
|
... |
… (Step size 10,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
1,840,000~1,849,999 |
93.0% |
1 |
TRX:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~999 |
2.0% |
20 |
|
2 |
1,000~1,999 |
2.5% |
15 |
|
3 |
2,000~4,999 |
3.0% |
10 |
|
4 |
5,000~9,999 |
3.5% |
9 |
|
5 |
10,000~19,999 |
4.0% |
9 |
|
6 |
20,000~24,999 |
4.5% |
8 |
|
7 |
25,000~29,999 |
5.0% |
8 |
|
8 |
30,000~34,999 |
5.5% |
8 |
|
9 |
35,000~39,999 |
6.0% |
8 |
|
10 |
40,000~44,999 |
6.5% |
8 |
|
... |
… (Step size 5,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
895,000~899,999 |
92.0% |
1 |
BSV:
|
Tier |
No. of Contracts |
Maintenance Margin Ratio |
Maximum leverage level |
|
1 |
0~999 |
2.0% |
20 |
|
2 |
1,000~1,999 |
2.5% |
15 |
|
3 |
2,000~4,999 |
3.0% |
10 |
|
4 |
5,000~9,999 |
3.5% |
9 |
|
5 |
10,000~19,999 |
4.0% |
9 |
|
6 |
20,000~24,999 |
4.5% |
8 |
|
7 |
25,000~29,999 |
5.0% |
8 |
|
8 |
30,000~34,999 |
5.5% |
8 |
|
9 |
35,000~39,999 |
6.0% |
8 |
|
10 |
40,000~44,999 |
6.5% |
8 |
|
... |
… (Step size 5,000 to next tier) |
… (Step size 0.5% to next tier) |
… (Varies with maintenance margin ratio) |
|
... |
895,000~899,999 |
92.0% |
1 |