OKX CP perpetual
CP-USDT-SWAP
As of 2026-10-01 00:32 UTC, CP-USDT-SWAP on OKX has a collected rate of +0.0535% over 4h, or +117.14% simple annualised; its collected settlement interval is 4h, with up to 20x leverage. Bybit has a lower rate for longs at +10.95%.
Settled rates over the past 30 days
Settled funding for CP-USDT-SWAP
The latest 30-day window contains 40 settlements covering 160 known-period hours, with a cumulative rate of -0.7539%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-09-09 04:00 | +0.0068% | 4h |
| 2026-09-09 00:00 | +0.0050% | 4h |
| 2026-09-08 20:00 | +0.0242% | 4h |
| 2026-09-08 16:00 | +0.0050% | 4h |
| 2026-09-08 12:00 | +0.0050% | 4h |
| 2026-09-08 08:00 | -0.9413% | 4h |
| 2026-09-08 04:00 | -0.7649% | 4h |
| 2026-09-08 00:00 | +0.0473% | 4h |
| 2026-09-07 20:00 | +0.0107% | 4h |
| 2026-09-07 16:00 | +0.0118% | 4h |
| 2026-09-07 12:00 | +0.0251% | 4h |
| 2026-09-07 08:00 | +0.0510% | 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 CP-USDT-SWAP, 10,000 USDT of notional × 0.053487% gives 5.3487 USDT over the quoted 4h rate period: longs pay and shorts receive. 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 CP-USDT-SWAP?
This table selects tiers by base-asset quantity in CP, not by the amount of margin deposited. The first tier starts at 0 and ends at 700000 CP. Above that, tier 2 requires 3.0000% maintenance margin.
Contract units and calculator input
One CP-USDT-SWAP contract represents 100 CP. 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.
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 – 700000 base | 2.0000% | 20.00x | — |
| 2 | 700100 – 1400000 base | 3.0000% | 15.00x | — |
| 3 | 1400100 – 2100000 base | 4.0000% | 12.50x | — |
| 4 | 2100100 – 2800000 base | 4.5000% | 11.76x | — |
| 5 | 2800100 – 3500000 base | 5.0000% | 11.11x | — |
| 6 | 3500100 – 4200000 base | 5.5000% | 10.52x | — |
| 7 | 4200100 – 4900000 base | 6.0000% | 10.00x | — |
| 8 | 4900100 – 5600000 base | 6.5000% | 9.52x | — |
| 9 | 5600100 – 6300000 base | 7.0000% | 9.09x | — |
| 10 | 6300100 – 7000000 base | 7.5000% | 8.69x | — |
| 11 | 7000100 – 7700000 base | 8.0000% | 8.33x | — |
| 12 | 7700100 – 8400000 base | 8.5000% | 8.00x | — |
| 13 | 8400100 – 9100000 base | 9.0000% | 7.69x | — |
| 14 | 9100100 – 9800000 base | 9.5000% | 7.40x | — |
| 15 | 9800100 – 10500000 base | 10.0000% | 7.14x | — |
| 16 | 10500100 – 11200000 base | 10.5000% | 6.89x | — |
| 17 | 11200100 – 11900000 base | 11.0000% | 6.66x | — |
| 18 | 11900100 – 12600000 base | 11.5000% | 6.45x | — |
| 19 | 12600100 – 13300000 base | 12.0000% | 6.25x | — |
| 20 | 13300100 – 14000000 base | 12.5000% | 6.06x | — |
| 21 | 14000100 – 14700000 base | 13.0000% | 5.88x | — |
| 22 | 14700100 – 15400000 base | 13.5000% | 5.71x | — |
| 23 | 15400100 – 16100000 base | 14.0000% | 5.55x | — |
| 24 | 16100100 – 16800000 base | 14.5000% | 5.40x | — |
| 25 | 16800100 – 17500000 base | 15.0000% | 5.26x | — |
| 26 | 17500100 – 18200000 base | 15.5000% | 5.12x | — |
| 27 | 18200100 – 18900000 base | 16.0000% | 5.00x | — |
| 28 | 18900100 – 19600000 base | 16.5000% | 4.87x | — |
| 29 | 19600100 – 20300000 base | 17.0000% | 4.76x | — |
| 30 | 20300100 – 21000000 base | 17.5000% | 4.65x | — |
| 31 | 21000100 – 21700000 base | 18.0000% | 4.54x | — |
| 32 | 21700100 – 22400000 base | 18.5000% | 4.44x | — |
| 33 | 22400100 – 23100000 base | 19.0000% | 4.34x | — |
| 34 | 23100100 – 23800000 base | 19.5000% | 4.25x | — |
| 35 | 23800100 – 24500000 base | 20.0000% | 4.16x | — |
| 36 | 24500100 – 25200000 base | 20.5000% | 4.08x | — |
| 37 | 25200100 – 25900000 base | 21.0000% | 4.00x | — |
| 38 | 25900100 – 26600000 base | 21.5000% | 3.92x | — |
| 39 | 26600100 – 27300000 base | 22.0000% | 3.84x | — |
| 40 | 27300100 – 28000000 base | 22.5000% | 3.77x | — |
| 41 | 28000100 – 28700000 base | 23.0000% | 3.70x | — |
| 42 | 28700100 – 29400000 base | 23.5000% | 3.63x | — |
| 43 | 29400100 – 30100000 base | 24.0000% | 3.57x | — |
| 44 | 30100100 – 30800000 base | 24.5000% | 3.50x | — |
| 45 | 30800100 – 31500000 base | 25.0000% | 3.44x | — |
| 46 | 31500100 – 32200000 base | 25.5000% | 3.38x | — |
| 47 | 32200100 – 32900000 base | 26.0000% | 3.33x | — |
| 48 | 32900100 – 33600000 base | 26.5000% | 3.27x | — |
| 49 | 33600100 – 34300000 base | 27.0000% | 3.22x | — |
| 50 | 34300100 – 35000000 base | 27.5000% | 3.17x | — |
| 51 | 35000100 – 35700000 base | 28.0000% | 3.12x | — |
| 52 | 35700100 – 36400000 base | 28.5000% | 3.07x | — |
| 53 | 36400100 – 37100000 base | 29.0000% | 3.03x | — |
| 54 | 37100100 – 37800000 base | 29.5000% | 2.98x | — |
| 55 | 37800100 – 38500000 base | 30.0000% | 2.94x | — |
| 56 | 38500100 – 39200000 base | 30.5000% | 2.89x | — |
| 57 | 39200100 – 39900000 base | 31.0000% | 2.85x | — |
| 58 | 39900100 – 40600000 base | 31.5000% | 2.81x | — |
| 59 | 40600100 – 41300000 base | 32.0000% | 2.77x | — |
| 60 | 41300100 – 42000000 base | 32.5000% | 2.73x | — |
| 61 | 42000100 – 42700000 base | 33.0000% | 2.70x | — |
| 62 | 42700100 – 43400000 base | 33.5000% | 2.66x | — |
| 63 | 43400100 – 44100000 base | 34.0000% | 2.63x | — |
| 64 | 44100100 – 44800000 base | 34.5000% | 2.59x | — |
| 65 | 44800100 – 45500000 base | 35.0000% | 2.56x | — |
| 66 | 45500100 – 46200000 base | 35.5000% | 2.53x | — |
| 67 | 46200100 – 46900000 base | 36.0000% | 2.50x | — |
| 68 | 46900100 – 47600000 base | 36.5000% | 2.46x | — |
| 69 | 47600100 – 48300000 base | 37.0000% | 2.43x | — |
| 70 | 48300100 – 49000000 base | 37.5000% | 2.40x | — |
| 71 | 49000100 – 49700000 base | 38.0000% | 2.38x | — |
| 72 | 49700100 – 50400000 base | 38.5000% | 2.35x | — |
| 73 | 50400100 – 51100000 base | 39.0000% | 2.32x | — |
| 74 | 51100100 – 51800000 base | 39.5000% | 2.29x | — |
| 75 | 51800100 – 52500000 base | 40.0000% | 2.27x | — |
| 76 | 52500100 – 53200000 base | 40.5000% | 2.24x | — |
| 77 | 53200100 – 53900000 base | 41.0000% | 2.22x | — |
| 78 | 53900100 – 54600000 base | 41.5000% | 2.19x | — |
| 79 | 54600100 – 55300000 base | 42.0000% | 2.17x | — |
| 80 | 55300100 – 56000000 base | 42.5000% | 2.15x | — |
| 81 | 56000100 – 56700000 base | 43.0000% | 2.12x | — |
| 82 | 56700100 – 57400000 base | 43.5000% | 2.10x | — |
| 83 | 57400100 – 58100000 base | 44.0000% | 2.08x | — |
| 84 | 58100100 – 58800000 base | 44.5000% | 2.06x | — |
| 85 | 58800100 – 59500000 base | 45.0000% | 2.04x | — |
| 86 | 59500100 – 60200000 base | 45.5000% | 2.02x | — |
| 87 | 60200100 – 60900000 base | 46.0000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Bybit | CPUSDT | 4h | +10.95% |
| Bitget | CPUSDT | 4h | +81.69% |
| OKX this page | CP-USDT-SWAP | 4h | +117.14% |
| Gate | CP_USDT | 4h | +144.98% |
Common questions
What is the OKX CP funding rate?
The latest collected OKX CP funding rate is +0.0535% per 4h rate period, or +117.14% simple annualised. At this rate longs pay shorts.
How often is funding charged on OKX CP?
The collected settlement interval is 4h, normally 6 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on OKX CP?
The collected leverage cap for OKX CP is 20x, with 87 margin tiers shown. The first margin tier, up to 700000 CP, allows 20x; the second allows 15x.
What is the maintenance margin rate on OKX CP?
The first tier requires 2.0000%, with 87 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 CP funding cost for longs?
For a long position, Bybit currently has the lowest rate at +10.95% annualised; this page's OKX is at +117.14%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has OKX CP funding paid over the past 30 days?
Settlements over the past 30 days annualise to -41.27% across 40 settlements, 12% 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 2026-10-01 00:32 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
40 settlements are available, covering 160 known-period hours, from 2026-09-02 16:00 to 2026-09-09 04:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.