OKX ALGO perpetual
ALGO-USDT-SWAP
As of 2026-10-15 05:11 UTC, ALGO-USDT-SWAP on OKX has a collected rate of -0.0114% over 8h, or -12.53% simple annualised; its collected settlement interval is 8h, with up to 50x leverage. Bybit has a lower rate for longs at -23.37%.
Settled rates over the past 30 days
Settled funding for ALGO-USDT-SWAP
The latest 30-day window contains 90 settlements covering 720 known-period hours, with a cumulative rate of +0.2409%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-10-15 00:00 | -0.0113% | 8h |
| 2026-10-14 16:00 | -0.0095% | 8h |
| 2026-10-14 08:00 | -0.0090% | 8h |
| 2026-10-14 00:00 | +0.0100% | 8h |
| 2026-10-13 16:00 | +0.0048% | 8h |
| 2026-10-13 08:00 | +0.0100% | 8h |
| 2026-10-13 00:00 | +0.0100% | 8h |
| 2026-10-12 16:00 | +0.0100% | 8h |
| 2026-10-12 08:00 | +0.0100% | 8h |
| 2026-10-12 00:00 | +0.0100% | 8h |
| 2026-10-11 16:00 | +0.0047% | 8h |
| 2026-10-11 08:00 | -0.0049% | 8h |
The cumulative rate sums actual settlements with known periods. Positive totals mean net payment by longs and receipt by shorts; negative totals reverse the direction. If notional value changed, multiplying the current position by this total will not reproduce account cash flows. Historical rates do not predict returns.
What does this rate mean for a 10,000 USDT position?
For ALGO-USDT-SWAP, 10,000 USDT of notional × -0.011439% gives 1.1439 USDT over the quoted 8h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
How do I select the margin tier for ALGO-USDT-SWAP?
This table selects tiers by base-asset quantity in ALGO, not by the amount of margin deposited. The first tier starts at 0 and ends at 87500 ALGO. Above that, tier 2 requires 1.5000% maintenance margin.
Contract units and calculator input
One ALGO-USDT-SWAP contract represents 10 ALGO. Order lot size is expressed in the venue’s original unit. The liquidation calculator expects base-asset quantity; do not enter a contract count without converting units.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
Maintenance margin ladder
No deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 87500 base | 1.0000% | 50.00x | — |
| 2 | 87510 – 175000 base | 1.5000% | 40.00x | — |
| 3 | 175010 – 350000 base | 3.0000% | 20.00x | — |
| 4 | 350010 – 700000 base | 3.5000% | 18.18x | — |
| 5 | 700010 – 1050000 base | 4.0000% | 16.66x | — |
| 6 | 1050010 – 1400000 base | 4.5000% | 15.38x | — |
| 7 | 1400010 – 1750000 base | 5.0000% | 14.28x | — |
| 8 | 1750010 – 2100000 base | 5.5000% | 13.33x | — |
| 9 | 2100010 – 2450000 base | 6.0000% | 12.50x | — |
| 10 | 2450010 – 2800000 base | 6.5000% | 11.76x | — |
| 11 | 2800010 – 3150000 base | 7.0000% | 11.11x | — |
| 12 | 3150010 – 3500000 base | 7.5000% | 10.52x | — |
| 13 | 3500010 – 3850000 base | 8.0000% | 10.00x | — |
| 14 | 3850010 – 4200000 base | 8.5000% | 9.52x | — |
| 15 | 4200010 – 4550000 base | 9.0000% | 9.09x | — |
| 16 | 4550010 – 4900000 base | 9.5000% | 8.69x | — |
| 17 | 4900010 – 5250000 base | 10.0000% | 8.33x | — |
| 18 | 5250010 – 5600000 base | 10.5000% | 8.00x | — |
| 19 | 5600010 – 5950000 base | 11.0000% | 7.69x | — |
| 20 | 5950010 – 6300000 base | 11.5000% | 7.40x | — |
| 21 | 6300010 – 6650000 base | 12.0000% | 7.14x | — |
| 22 | 6650010 – 7000000 base | 12.5000% | 6.89x | — |
| 23 | 7000010 – 7350000 base | 13.0000% | 6.66x | — |
| 24 | 7350010 – 7700000 base | 13.5000% | 6.45x | — |
| 25 | 7700010 – 8050000 base | 14.0000% | 6.25x | — |
| 26 | 8050010 – 8400000 base | 14.5000% | 6.06x | — |
| 27 | 8400010 – 8750000 base | 15.0000% | 5.88x | — |
| 28 | 8750010 – 9100000 base | 15.5000% | 5.71x | — |
| 29 | 9100010 – 9450000 base | 16.0000% | 5.55x | — |
| 30 | 9450010 – 9800000 base | 16.5000% | 5.40x | — |
| 31 | 9800010 – 10150000 base | 17.0000% | 5.26x | — |
| 32 | 10150010 – 10500000 base | 17.5000% | 5.12x | — |
| 33 | 10500010 – 10850000 base | 18.0000% | 5.00x | — |
| 34 | 10850010 – 11200000 base | 18.5000% | 4.87x | — |
| 35 | 11200010 – 11550000 base | 19.0000% | 4.76x | — |
| 36 | 11550010 – 11900000 base | 19.5000% | 4.65x | — |
| 37 | 11900010 – 12250000 base | 20.0000% | 4.54x | — |
| 38 | 12250010 – 12600000 base | 20.5000% | 4.44x | — |
| 39 | 12600010 – 12950000 base | 21.0000% | 4.34x | — |
| 40 | 12950010 – 13300000 base | 21.5000% | 4.25x | — |
| 41 | 13300010 – 13650000 base | 22.0000% | 4.16x | — |
| 42 | 13650010 – 14000000 base | 22.5000% | 4.08x | — |
| 43 | 14000010 – 14350000 base | 23.0000% | 4.00x | — |
| 44 | 14350010 – 14700000 base | 23.5000% | 3.92x | — |
| 45 | 14700010 – 15050000 base | 24.0000% | 3.84x | — |
| 46 | 15050010 – 15400000 base | 24.5000% | 3.77x | — |
| 47 | 15400010 – 15750000 base | 25.0000% | 3.70x | — |
| 48 | 15750010 – 16100000 base | 25.5000% | 3.63x | — |
| 49 | 16100010 – 16450000 base | 26.0000% | 3.57x | — |
| 50 | 16450010 – 16800000 base | 26.5000% | 3.50x | — |
| 51 | 16800010 – 17150000 base | 27.0000% | 3.44x | — |
| 52 | 17150010 – 17500000 base | 27.5000% | 3.38x | — |
| 53 | 17500010 – 17850000 base | 28.0000% | 3.33x | — |
| 54 | 17850010 – 18200000 base | 28.5000% | 3.27x | — |
| 55 | 18200010 – 18550000 base | 29.0000% | 3.22x | — |
| 56 | 18550010 – 18900000 base | 29.5000% | 3.17x | — |
| 57 | 18900010 – 19250000 base | 30.0000% | 3.12x | — |
| 58 | 19250010 – 19600000 base | 30.5000% | 3.07x | — |
| 59 | 19600010 – 19950000 base | 31.0000% | 3.03x | — |
| 60 | 19950010 – 20300000 base | 31.5000% | 2.98x | — |
| 61 | 20300010 – 20650000 base | 32.0000% | 2.94x | — |
| 62 | 20650010 – 21000000 base | 32.5000% | 2.89x | — |
| 63 | 21000010 – 21350000 base | 33.0000% | 2.85x | — |
| 64 | 21350010 – 21700000 base | 33.5000% | 2.81x | — |
| 65 | 21700010 – 22050000 base | 34.0000% | 2.77x | — |
| 66 | 22050010 – 22400000 base | 34.5000% | 2.73x | — |
| 67 | 22400010 – 22750000 base | 35.0000% | 2.70x | — |
| 68 | 22750010 – 23100000 base | 35.5000% | 2.66x | — |
| 69 | 23100010 – 23450000 base | 36.0000% | 2.63x | — |
| 70 | 23450010 – 23800000 base | 36.5000% | 2.59x | — |
| 71 | 23800010 – 24150000 base | 37.0000% | 2.56x | — |
| 72 | 24150010 – 24500000 base | 37.5000% | 2.53x | — |
| 73 | 24500010 – 24850000 base | 38.0000% | 2.50x | — |
| 74 | 24850010 – 25200000 base | 38.5000% | 2.46x | — |
| 75 | 25200010 – 25550000 base | 39.0000% | 2.43x | — |
| 76 | 25550010 – 25900000 base | 39.5000% | 2.40x | — |
| 77 | 25900010 – 26250000 base | 40.0000% | 2.38x | — |
| 78 | 26250010 – 26600000 base | 40.5000% | 2.35x | — |
| 79 | 26600010 – 26950000 base | 41.0000% | 2.32x | — |
| 80 | 26950010 – 27300000 base | 41.5000% | 2.29x | — |
| 81 | 27300010 – 27650000 base | 42.0000% | 2.27x | — |
| 82 | 27650010 – 28000000 base | 42.5000% | 2.24x | — |
| 83 | 28000010 – 28350000 base | 43.0000% | 2.22x | — |
| 84 | 28350010 – 28700000 base | 43.5000% | 2.19x | — |
| 85 | 28700010 – 29050000 base | 44.0000% | 2.17x | — |
| 86 | 29050010 – 29400000 base | 44.5000% | 2.15x | — |
| 87 | 29400010 – 29750000 base | 45.0000% | 2.12x | — |
| 88 | 29750010 – 30100000 base | 45.5000% | 2.10x | — |
| 89 | 30100010 – 30450000 base | 46.0000% | 2.08x | — |
| 90 | 30450010 – 30800000 base | 46.5000% | 2.06x | — |
| 91 | 30800010 – 31150000 base | 47.0000% | 2.04x | — |
| 92 | 31150010 – 31500000 base | 47.5000% | 2.02x | — |
| 93 | 31500010 – 31850000 base | 48.0000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 8h (00:00 · 08:00 · 16:00 UTC). Lot size uses the venue’s original order unit; the calculator takes base-asset quantity. Settlement intervals and times on every venue.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Bybit | ALGOUSDT | 8h | -23.37% |
| OKX this page | ALGO-USDT-SWAP | 8h | -12.53% |
| Binance | ALGOUSDT | 8h | -7.11% |
| Bitget | ALGOUSDT | 8h | +1.97% |
| Gate | ALGO_USDT | 8h | +4.27% |
| Hyperliquid | ALGO | 1h | +8.70% |
| Aster | ALGOUSDT | 8h | +10.95% |
Common questions
What is the OKX ALGO funding rate?
The latest collected OKX ALGO funding rate is -0.0114% per 8h rate period, or -12.53% simple annualised. At this rate shorts pay longs.
How often is funding charged on OKX ALGO?
The collected settlement interval is 8h, normally 3 times a day. Settlements fall at 00:00, 08:00 and 16:00 UTC, the same times in UTC+8. Venues can change it again; confirm the next settlement time on the venue's contract page.
What is the maximum leverage on OKX ALGO?
The collected leverage cap for OKX ALGO is 50x, with 93 margin tiers shown. The first margin tier, up to 87500 ALGO, allows 50x; the second allows 40x.
What is the maintenance margin rate on OKX ALGO?
The first tier requires 1.0000%, with 93 available tiers. The applicable requirement depends on the position’s tier. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
Which venue has the lowest ALGO funding cost for longs?
For a long position, Bybit currently has the lowest rate at -23.37% annualised; this page's OKX is at -12.53%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has OKX ALGO funding paid over the past 30 days?
Settlements over the past 30 days annualise to +2.93% across 90 settlements, 31% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-10-15 05:11 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology
History coverage for this contract
90 settlements are available, covering 720 known-period hours, from 2026-09-15 08:00 to 2026-10-15 00:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.