OKX ALGO perpetual
ALGO-USDT-SWAP
As of 2026-11-04 09:03 UTC, ALGO-USDT-SWAP on OKX has a collected rate of -0.0224% over 8h, or -24.57% simple annualised; its collected settlement interval is 8h, with up to 50x leverage. Gate has a lower rate for longs at -36.68%.
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 -0.4498%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-11-04 08:00 | -0.0209% | 8h |
| 2026-11-04 00:00 | -0.0155% | 8h |
| 2026-11-03 16:00 | -0.0100% | 8h |
| 2026-11-03 08:00 | +0.0011% | 8h |
| 2026-11-03 00:00 | +0.0002% | 8h |
| 2026-11-02 16:00 | +0.0040% | 8h |
| 2026-11-02 08:00 | -0.0136% | 8h |
| 2026-11-02 00:00 | -0.0106% | 8h |
| 2026-11-01 16:00 | -0.0108% | 8h |
| 2026-11-01 08:00 | -0.0143% | 8h |
| 2026-11-01 00:00 | -0.0253% | 8h |
| 2026-10-31 16:00 | -0.0236% | 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 × -0.022443% gives 2.2443 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 120000 ALGO. Above that, tier 2 requires 1.0000% 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 – 120000 base | 0.6500% | 50.00x | — |
| 2 | 120010 – 240000 base | 1.0000% | 40.00x | — |
| 3 | 240010 – 480000 base | 1.5000% | 20.00x | — |
| 4 | 480010 – 960000 base | 2.0000% | 18.18x | — |
| 5 | 960010 – 1440000 base | 2.5000% | 16.66x | — |
| 6 | 1440010 – 1920000 base | 3.0000% | 15.38x | — |
| 7 | 1920010 – 2400000 base | 3.5000% | 14.28x | — |
| 8 | 2400010 – 2880000 base | 4.0000% | 13.33x | — |
| 9 | 2880010 – 3360000 base | 4.5000% | 12.50x | — |
| 10 | 3360010 – 3840000 base | 5.0000% | 11.76x | — |
| 11 | 3840010 – 4320000 base | 5.5000% | 11.11x | — |
| 12 | 4320010 – 4800000 base | 6.0000% | 10.52x | — |
| 13 | 4800010 – 5280000 base | 6.5000% | 10.00x | — |
| 14 | 5280010 – 5760000 base | 7.0000% | 9.52x | — |
| 15 | 5760010 – 6240000 base | 7.5000% | 9.09x | — |
| 16 | 6240010 – 6720000 base | 8.0000% | 8.69x | — |
| 17 | 6720010 – 7200000 base | 8.5000% | 8.33x | — |
| 18 | 7200010 – 7680000 base | 9.0000% | 8.00x | — |
| 19 | 7680010 – 8160000 base | 9.5000% | 7.69x | — |
| 20 | 8160010 – 8640000 base | 10.0000% | 7.40x | — |
| 21 | 8640010 – 9120000 base | 10.5000% | 7.14x | — |
| 22 | 9120010 – 9600000 base | 11.0000% | 6.89x | — |
| 23 | 9600010 – 10080000 base | 11.5000% | 6.66x | — |
| 24 | 10080010 – 10560000 base | 12.0000% | 6.45x | — |
| 25 | 10560010 – 11040000 base | 12.5000% | 6.25x | — |
| 26 | 11040010 – 11520000 base | 13.0000% | 6.06x | — |
| 27 | 11520010 – 12000000 base | 13.5000% | 5.88x | — |
| 28 | 12000010 – 12480000 base | 14.0000% | 5.71x | — |
| 29 | 12480010 – 12960000 base | 14.5000% | 5.55x | — |
| 30 | 12960010 – 13440000 base | 15.0000% | 5.40x | — |
| 31 | 13440010 – 13920000 base | 15.5000% | 5.26x | — |
| 32 | 13920010 – 14400000 base | 16.0000% | 5.12x | — |
| 33 | 14400010 – 14880000 base | 16.5000% | 5.00x | — |
| 34 | 14880010 – 15360000 base | 17.0000% | 4.87x | — |
| 35 | 15360010 – 15840000 base | 17.5000% | 4.76x | — |
| 36 | 15840010 – 16320000 base | 18.0000% | 4.65x | — |
| 37 | 16320010 – 16800000 base | 18.5000% | 4.54x | — |
| 38 | 16800010 – 17280000 base | 19.0000% | 4.44x | — |
| 39 | 17280010 – 17760000 base | 19.5000% | 4.34x | — |
| 40 | 17760010 – 18240000 base | 20.0000% | 4.25x | — |
| 41 | 18240010 – 18720000 base | 20.5000% | 4.16x | — |
| 42 | 18720010 – 19200000 base | 21.0000% | 4.08x | — |
| 43 | 19200010 – 19680000 base | 21.5000% | 4.00x | — |
| 44 | 19680010 – 20160000 base | 22.0000% | 3.92x | — |
| 45 | 20160010 – 20640000 base | 22.5000% | 3.84x | — |
| 46 | 20640010 – 21120000 base | 23.0000% | 3.77x | — |
| 47 | 21120010 – 21600000 base | 23.5000% | 3.70x | — |
| 48 | 21600010 – 22080000 base | 24.0000% | 3.63x | — |
| 49 | 22080010 – 22560000 base | 24.5000% | 3.57x | — |
| 50 | 22560010 – 23040000 base | 25.0000% | 3.50x | — |
| 51 | 23040010 – 23520000 base | 25.5000% | 3.44x | — |
| 52 | 23520010 – 24000000 base | 26.0000% | 3.38x | — |
| 53 | 24000010 – 24480000 base | 26.5000% | 3.33x | — |
| 54 | 24480010 – 24960000 base | 27.0000% | 3.27x | — |
| 55 | 24960010 – 25440000 base | 27.5000% | 3.22x | — |
| 56 | 25440010 – 25920000 base | 28.0000% | 3.17x | — |
| 57 | 25920010 – 26400000 base | 28.5000% | 3.12x | — |
| 58 | 26400010 – 26880000 base | 29.0000% | 3.07x | — |
| 59 | 26880010 – 27360000 base | 29.5000% | 3.03x | — |
| 60 | 27360010 – 27840000 base | 30.0000% | 2.98x | — |
| 61 | 27840010 – 28320000 base | 30.5000% | 2.94x | — |
| 62 | 28320010 – 28800000 base | 31.0000% | 2.89x | — |
| 63 | 28800010 – 29280000 base | 31.5000% | 2.85x | — |
| 64 | 29280010 – 29760000 base | 32.0000% | 2.81x | — |
| 65 | 29760010 – 30240000 base | 32.5000% | 2.77x | — |
| 66 | 30240010 – 30720000 base | 33.0000% | 2.73x | — |
| 67 | 30720010 – 31200000 base | 33.5000% | 2.70x | — |
| 68 | 31200010 – 31680000 base | 34.0000% | 2.66x | — |
| 69 | 31680010 – 32160000 base | 34.5000% | 2.63x | — |
| 70 | 32160010 – 32640000 base | 35.0000% | 2.59x | — |
| 71 | 32640010 – 33120000 base | 35.5000% | 2.56x | — |
| 72 | 33120010 – 33600000 base | 36.0000% | 2.53x | — |
| 73 | 33600010 – 34080000 base | 36.5000% | 2.50x | — |
| 74 | 34080010 – 34560000 base | 37.0000% | 2.46x | — |
| 75 | 34560010 – 35040000 base | 37.5000% | 2.43x | — |
| 76 | 35040010 – 35520000 base | 38.0000% | 2.40x | — |
| 77 | 35520010 – 36000000 base | 38.5000% | 2.38x | — |
| 78 | 36000010 – 36480000 base | 39.0000% | 2.35x | — |
| 79 | 36480010 – 36960000 base | 39.5000% | 2.32x | — |
| 80 | 36960010 – 37440000 base | 40.0000% | 2.29x | — |
| 81 | 37440010 – 37920000 base | 40.5000% | 2.27x | — |
| 82 | 37920010 – 38400000 base | 41.0000% | 2.24x | — |
| 83 | 38400010 – 38880000 base | 41.5000% | 2.22x | — |
| 84 | 38880010 – 39360000 base | 42.0000% | 2.19x | — |
| 85 | 39360010 – 39840000 base | 42.5000% | 2.17x | — |
| 86 | 39840010 – 40320000 base | 43.0000% | 2.15x | — |
| 87 | 40320010 – 40800000 base | 43.5000% | 2.12x | — |
| 88 | 40800010 – 41280000 base | 44.0000% | 2.10x | — |
| 89 | 41280010 – 41760000 base | 44.5000% | 2.08x | — |
| 90 | 41760010 – 42240000 base | 45.0000% | 2.06x | — |
| 91 | 42240010 – 42720000 base | 45.5000% | 2.04x | — |
| 92 | 42720010 – 43200000 base | 46.0000% | 2.02x | — |
| 93 | 43200010 – 43680000 base | 46.5000% | 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 |
|---|---|---|---|
| Gate | ALGO_USDT | 8h | -36.68% |
| OKX this page | ALGO-USDT-SWAP | 8h | -24.57% |
| Bybit | ALGOUSDT | 8h | +7.09% |
| Aster | ALGOUSDT | 8h | +10.95% |
| Binance | ALGOUSDT | 8h | +10.95% |
| Bitget | ALGOUSDT | 8h | +10.95% |
| Hyperliquid | ALGO | 1h | +10.95% |
Common questions
What is the OKX ALGO funding rate?
The latest collected OKX ALGO funding rate is -0.0224% per 8h rate period, or -24.57% 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 120000 ALGO, allows 50x; the second allows 40x.
What is the maintenance margin rate on OKX ALGO?
The first tier requires 0.6500%, 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, Gate currently has the lowest rate at -36.68% annualised; this page's OKX is at -24.57%. 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 -5.47% across 90 settlements, 62% 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 2026-11-04 09:03 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 2026-10-05 16:00 to 2026-11-04 08:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.