OKX CL perpetual
CL-USDT-SWAP
As of 2026-11-10 22:27 UTC, CL-USDT-SWAP on OKX has a collected rate of -0.1168% over 4h, or -255.70% simple annualised; its collected settlement interval is 4h, with up to 100x leverage.
Settled rates over the past 30 days
Settled funding for CL-USDT-SWAP
The latest 30-day window contains 180 settlements covering 720 known-period hours, with a cumulative rate of -2.1049%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-11-10 20:00 | -0.0860% | 4h |
| 2026-11-10 16:00 | -0.0518% | 4h |
| 2026-11-10 12:00 | -0.0367% | 4h |
| 2026-11-10 08:00 | -0.0158% | 4h |
| 2026-11-10 04:00 | -0.0086% | 4h |
| 2026-11-10 00:00 | -0.0282% | 4h |
| 2026-11-09 20:00 | -0.0759% | 4h |
| 2026-11-09 16:00 | -0.0499% | 4h |
| 2026-11-09 12:00 | -0.0375% | 4h |
| 2026-11-09 08:00 | -0.0289% | 4h |
| 2026-11-09 04:00 | -0.0196% | 4h |
| 2026-11-09 00:00 | +0.0147% | 4h |
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 CL-USDT-SWAP, 10,000 USDT of notional × -0.116758% gives 11.6758 USDT over the quoted 4h 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 CL-USDT-SWAP?
This table selects tiers by base-asset quantity in CL, not by the amount of margin deposited. The first tier starts at 0 and ends at 2050 CL. Above that, tier 2 requires 1.0000% maintenance margin.
Contract units and calculator input
One CL-USDT-SWAP contract represents 0.1 CL. 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 – 2050 base | 0.6500% | 50.00x | — |
| 2 | 2050.1 – 4100 base | 1.0000% | 40.00x | — |
| 3 | 4100.1 – 8200 base | 1.5000% | 20.00x | — |
| 4 | 8200.1 – 16400 base | 2.0000% | 18.18x | — |
| 5 | 16400.1 – 24600 base | 2.5000% | 16.66x | — |
| 6 | 24600.1 – 32800 base | 3.0000% | 15.38x | — |
| 7 | 32800.1 – 41000 base | 3.5000% | 14.28x | — |
| 8 | 41000.1 – 49200 base | 4.0000% | 13.33x | — |
| 9 | 49200.1 – 57400 base | 4.5000% | 12.50x | — |
| 10 | 57400.1 – 65600 base | 5.0000% | 11.76x | — |
| 11 | 65600.1 – 73800 base | 5.5000% | 11.11x | — |
| 12 | 73800.1 – 82000 base | 6.0000% | 10.52x | — |
| 13 | 82000.1 – 90200 base | 6.5000% | 10.00x | — |
| 14 | 90200.1 – 98400 base | 7.0000% | 9.52x | — |
| 15 | 98400.1 – 106600 base | 7.5000% | 9.09x | — |
| 16 | 106600.1 – 114800 base | 8.0000% | 8.69x | — |
| 17 | 114800.1 – 123000 base | 8.5000% | 8.33x | — |
| 18 | 123000.1 – 131200 base | 9.0000% | 8.00x | — |
| 19 | 131200.1 – 139400 base | 9.5000% | 7.69x | — |
| 20 | 139400.1 – 147600 base | 10.0000% | 7.40x | — |
| 21 | 147600.1 – 155800 base | 10.5000% | 7.14x | — |
| 22 | 155800.1 – 164000 base | 11.0000% | 6.89x | — |
| 23 | 164000.1 – 172200 base | 11.5000% | 6.66x | — |
| 24 | 172200.1 – 180400 base | 12.0000% | 6.45x | — |
| 25 | 180400.1 – 188600 base | 12.5000% | 6.25x | — |
| 26 | 188600.1 – 196800 base | 13.0000% | 6.06x | — |
| 27 | 196800.1 – 205000 base | 13.5000% | 5.88x | — |
| 28 | 205000.1 – 213200 base | 14.0000% | 5.71x | — |
| 29 | 213200.1 – 221400 base | 14.5000% | 5.55x | — |
| 30 | 221400.1 – 229600 base | 15.0000% | 5.40x | — |
| 31 | 229600.1 – 237800 base | 15.5000% | 5.26x | — |
| 32 | 237800.1 – 246000 base | 16.0000% | 5.12x | — |
| 33 | 246000.1 – 254200 base | 16.5000% | 5.00x | — |
| 34 | 254200.1 – 262400 base | 17.0000% | 4.87x | — |
| 35 | 262400.1 – 270600 base | 17.5000% | 4.76x | — |
| 36 | 270600.1 – 278800 base | 18.0000% | 4.65x | — |
| 37 | 278800.1 – 287000 base | 18.5000% | 4.54x | — |
| 38 | 287000.1 – 295200 base | 19.0000% | 4.44x | — |
| 39 | 295200.1 – 303400 base | 19.5000% | 4.34x | — |
| 40 | 303400.1 – 311600 base | 20.0000% | 4.25x | — |
| 41 | 311600.1 – 319800 base | 20.5000% | 4.16x | — |
| 42 | 319800.1 – 328000 base | 21.0000% | 4.08x | — |
| 43 | 328000.1 – 336200 base | 21.5000% | 4.00x | — |
| 44 | 336200.1 – 344400 base | 22.0000% | 3.92x | — |
| 45 | 344400.1 – 352600 base | 22.5000% | 3.84x | — |
| 46 | 352600.1 – 360800 base | 23.0000% | 3.77x | — |
| 47 | 360800.1 – 369000 base | 23.5000% | 3.70x | — |
| 48 | 369000.1 – 377200 base | 24.0000% | 3.63x | — |
| 49 | 377200.1 – 385400 base | 24.5000% | 3.57x | — |
| 50 | 385400.1 – 393600 base | 25.0000% | 3.50x | — |
| 51 | 393600.1 – 401800 base | 25.5000% | 3.44x | — |
| 52 | 401800.1 – 410000 base | 26.0000% | 3.38x | — |
| 53 | 410000.1 – 418200 base | 26.5000% | 3.33x | — |
| 54 | 418200.1 – 426400 base | 27.0000% | 3.27x | — |
| 55 | 426400.1 – 434600 base | 27.5000% | 3.22x | — |
| 56 | 434600.1 – 442800 base | 28.0000% | 3.17x | — |
| 57 | 442800.1 – 451000 base | 28.5000% | 3.12x | — |
| 58 | 451000.1 – 459200 base | 29.0000% | 3.07x | — |
| 59 | 459200.1 – 467400 base | 29.5000% | 3.03x | — |
| 60 | 467400.1 – 475600 base | 30.0000% | 2.98x | — |
| 61 | 475600.1 – 483800 base | 30.5000% | 2.94x | — |
| 62 | 483800.1 – 492000 base | 31.0000% | 2.89x | — |
| 63 | 492000.1 – 500200 base | 31.5000% | 2.85x | — |
| 64 | 500200.1 – 508400 base | 32.0000% | 2.81x | — |
| 65 | 508400.1 – 516600 base | 32.5000% | 2.77x | — |
| 66 | 516600.1 – 524800 base | 33.0000% | 2.73x | — |
| 67 | 524800.1 – 533000 base | 33.5000% | 2.70x | — |
| 68 | 533000.1 – 541200 base | 34.0000% | 2.66x | — |
| 69 | 541200.1 – 549400 base | 34.5000% | 2.63x | — |
| 70 | 549400.1 – 557600 base | 35.0000% | 2.59x | — |
| 71 | 557600.1 – 565800 base | 35.5000% | 2.56x | — |
| 72 | 565800.1 – 574000 base | 36.0000% | 2.53x | — |
| 73 | 574000.1 – 582200 base | 36.5000% | 2.50x | — |
| 74 | 582200.1 – 590400 base | 37.0000% | 2.46x | — |
| 75 | 590400.1 – 598600 base | 37.5000% | 2.43x | — |
| 76 | 598600.1 – 606800 base | 38.0000% | 2.40x | — |
| 77 | 606800.1 – 615000 base | 38.5000% | 2.38x | — |
| 78 | 615000.1 – 623200 base | 39.0000% | 2.35x | — |
| 79 | 623200.1 – 631400 base | 39.5000% | 2.32x | — |
| 80 | 631400.1 – 639600 base | 40.0000% | 2.29x | — |
| 81 | 639600.1 – 647800 base | 40.5000% | 2.27x | — |
| 82 | 647800.1 – 656000 base | 41.0000% | 2.24x | — |
| 83 | 656000.1 – 664200 base | 41.5000% | 2.22x | — |
| 84 | 664200.1 – 672400 base | 42.0000% | 2.19x | — |
| 85 | 672400.1 – 680600 base | 42.5000% | 2.17x | — |
| 86 | 680600.1 – 688800 base | 43.0000% | 2.15x | — |
| 87 | 688800.1 – 697000 base | 43.5000% | 2.12x | — |
| 88 | 697000.1 – 705200 base | 44.0000% | 2.10x | — |
| 89 | 705200.1 – 713400 base | 44.5000% | 2.08x | — |
| 90 | 713400.1 – 721600 base | 45.0000% | 2.06x | — |
| 91 | 721600.1 – 729800 base | 45.5000% | 2.04x | — |
| 92 | 729800.1 – 738000 base | 46.0000% | 2.02x | — |
| 93 | 738000.1 – 746200 base | 46.5000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h (00:00 · 04:00 · 08:00 · 12:00 · 16:00 · 20:00 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 |
|---|---|---|---|
| OKX this page | CL-USDT-SWAP | 4h | -255.70% |
| Aster | CLUSDT | 4h | -235.23% |
| Aster | CLUSD1 | 4h | -218.18% |
| Bitget | CLUSDT | 4h | -217.91% |
| Bybit | CLUSDT | 8h | -217.54% |
| Gate | CL_USDT | 8h | -120.89% |
Common questions
What is the OKX CL funding rate?
The latest collected OKX CL funding rate is -0.1168% per 4h rate period, or -255.70% simple annualised. At this rate shorts pay longs.
How often is funding charged on OKX CL?
The collected settlement interval is 4h, normally 6 times a day. Settlements fall at 00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 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 CL?
The collected leverage cap for OKX CL is 100x, with 93 margin tiers shown. The first margin tier, up to 2050 CL, allows 50x; the second allows 40x.
What is the maintenance margin rate on OKX CL?
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.
What has OKX CL funding paid over the past 30 days?
Settlements over the past 30 days annualise to -25.61% across 180 settlements, 56% 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 2026-11-10 22:27 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
180 settlements are available, covering 720 known-period hours, from 2026-10-12 00:00 to 2026-11-10 20:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.