OKX GRASS perpetual
GRASS-USDT-SWAP
As of 2026-10-21 22:12 UTC, GRASS-USDT-SWAP on OKX has a collected rate of +0.0050% over 4h, or +10.95% simple annualised; its collected settlement interval is 4h, with up to 20x leverage. Gate has a lower rate for longs at +3.29%.
Settled rates over the past 30 days
Settled funding for GRASS-USDT-SWAP
The latest 30-day window contains 179 settlements covering 716 known-period hours, with a cumulative rate of +0.8825%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-10-21 16:00 | -0.0027% | 4h |
| 2026-10-21 12:00 | +0.0005% | 4h |
| 2026-10-21 08:00 | +0.0050% | 4h |
| 2026-10-21 04:00 | -0.0010% | 4h |
| 2026-10-21 00:00 | +0.0050% | 4h |
| 2026-10-20 20:00 | +0.0050% | 4h |
| 2026-10-20 16:00 | +0.0044% | 4h |
| 2026-10-20 12:00 | +0.0050% | 4h |
| 2026-10-20 08:00 | +0.0034% | 4h |
| 2026-10-20 04:00 | +0.0019% | 4h |
| 2026-10-20 00:00 | +0.0012% | 4h |
| 2026-10-19 20:00 | +0.0050% | 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 GRASS-USDT-SWAP, 10,000 USDT of notional × 0.005000% gives 0.5000 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 GRASS-USDT-SWAP?
This table selects tiers by base-asset quantity in GRASS, not by the amount of margin deposited. The first tier starts at 0 and ends at 100000 GRASS. Above that, tier 2 requires 3.0000% maintenance margin.
Contract units and calculator input
One GRASS-USDT-SWAP contract represents 1 GRASS. 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 – 100000 base | 2.0000% | 20.00x | — |
| 2 | 100001 – 180000 base | 3.0000% | 15.00x | — |
| 3 | 180001 – 280000 base | 4.0000% | 12.50x | — |
| 4 | 280001 – 380000 base | 4.5000% | 11.76x | — |
| 5 | 380001 – 480000 base | 5.0000% | 11.11x | — |
| 6 | 480001 – 580000 base | 5.5000% | 10.52x | — |
| 7 | 580001 – 680000 base | 6.0000% | 10.00x | — |
| 8 | 680001 – 780000 base | 6.5000% | 9.52x | — |
| 9 | 780001 – 880000 base | 7.0000% | 9.09x | — |
| 10 | 880001 – 980000 base | 7.5000% | 8.69x | — |
| 11 | 980001 – 1080000 base | 8.0000% | 8.33x | — |
| 12 | 1080001 – 1180000 base | 8.5000% | 8.00x | — |
| 13 | 1180001 – 1280000 base | 9.0000% | 7.69x | — |
| 14 | 1280001 – 1380000 base | 9.5000% | 7.40x | — |
| 15 | 1380001 – 1480000 base | 10.0000% | 7.14x | — |
| 16 | 1480001 – 1580000 base | 10.5000% | 6.89x | — |
| 17 | 1580001 – 1680000 base | 11.0000% | 6.66x | — |
| 18 | 1680001 – 1780000 base | 11.5000% | 6.45x | — |
| 19 | 1780001 – 1880000 base | 12.0000% | 6.25x | — |
| 20 | 1880001 – 1980000 base | 12.5000% | 6.06x | — |
| 21 | 1980001 – 2080000 base | 13.0000% | 5.88x | — |
| 22 | 2080001 – 2180000 base | 13.5000% | 5.71x | — |
| 23 | 2180001 – 2280000 base | 14.0000% | 5.55x | — |
| 24 | 2280001 – 2380000 base | 14.5000% | 5.40x | — |
| 25 | 2380001 – 2480000 base | 15.0000% | 5.26x | — |
| 26 | 2480001 – 2580000 base | 15.5000% | 5.12x | — |
| 27 | 2580001 – 2680000 base | 16.0000% | 5.00x | — |
| 28 | 2680001 – 2780000 base | 16.5000% | 4.87x | — |
| 29 | 2780001 – 2880000 base | 17.0000% | 4.76x | — |
| 30 | 2880001 – 2980000 base | 17.5000% | 4.65x | — |
| 31 | 2980001 – 3080000 base | 18.0000% | 4.54x | — |
| 32 | 3080001 – 3180000 base | 18.5000% | 4.44x | — |
| 33 | 3180001 – 3280000 base | 19.0000% | 4.34x | — |
| 34 | 3280001 – 3380000 base | 19.5000% | 4.25x | — |
| 35 | 3380001 – 3480000 base | 20.0000% | 4.16x | — |
| 36 | 3480001 – 3580000 base | 20.5000% | 4.08x | — |
| 37 | 3580001 – 3680000 base | 21.0000% | 4.00x | — |
| 38 | 3680001 – 3780000 base | 21.5000% | 3.92x | — |
| 39 | 3780001 – 3880000 base | 22.0000% | 3.84x | — |
| 40 | 3880001 – 3980000 base | 22.5000% | 3.77x | — |
| 41 | 3980001 – 4080000 base | 23.0000% | 3.70x | — |
| 42 | 4080001 – 4180000 base | 23.5000% | 3.63x | — |
| 43 | 4180001 – 4280000 base | 24.0000% | 3.57x | — |
| 44 | 4280001 – 4380000 base | 24.5000% | 3.50x | — |
| 45 | 4380001 – 4480000 base | 25.0000% | 3.44x | — |
| 46 | 4480001 – 4580000 base | 25.5000% | 3.38x | — |
| 47 | 4580001 – 4680000 base | 26.0000% | 3.33x | — |
| 48 | 4680001 – 4780000 base | 26.5000% | 3.27x | — |
| 49 | 4780001 – 4880000 base | 27.0000% | 3.22x | — |
| 50 | 4880001 – 4980000 base | 27.5000% | 3.17x | — |
| 51 | 4980001 – 5080000 base | 28.0000% | 3.12x | — |
| 52 | 5080001 – 5180000 base | 28.5000% | 3.07x | — |
| 53 | 5180001 – 5280000 base | 29.0000% | 3.03x | — |
| 54 | 5280001 – 5380000 base | 29.5000% | 2.98x | — |
| 55 | 5380001 – 5480000 base | 30.0000% | 2.94x | — |
| 56 | 5480001 – 5580000 base | 30.5000% | 2.89x | — |
| 57 | 5580001 – 5680000 base | 31.0000% | 2.85x | — |
| 58 | 5680001 – 5780000 base | 31.5000% | 2.81x | — |
| 59 | 5780001 – 5880000 base | 32.0000% | 2.77x | — |
| 60 | 5880001 – 5980000 base | 32.5000% | 2.73x | — |
| 61 | 5980001 – 6080000 base | 33.0000% | 2.70x | — |
| 62 | 6080001 – 6180000 base | 33.5000% | 2.66x | — |
| 63 | 6180001 – 6280000 base | 34.0000% | 2.63x | — |
| 64 | 6280001 – 6380000 base | 34.5000% | 2.59x | — |
| 65 | 6380001 – 6480000 base | 35.0000% | 2.56x | — |
| 66 | 6480001 – 6580000 base | 35.5000% | 2.53x | — |
| 67 | 6580001 – 6680000 base | 36.0000% | 2.50x | — |
| 68 | 6680001 – 6780000 base | 36.5000% | 2.46x | — |
| 69 | 6780001 – 6880000 base | 37.0000% | 2.43x | — |
| 70 | 6880001 – 6980000 base | 37.5000% | 2.40x | — |
| 71 | 6980001 – 7080000 base | 38.0000% | 2.38x | — |
| 72 | 7080001 – 7180000 base | 38.5000% | 2.35x | — |
| 73 | 7180001 – 7280000 base | 39.0000% | 2.32x | — |
| 74 | 7280001 – 7380000 base | 39.5000% | 2.29x | — |
| 75 | 7380001 – 7480000 base | 40.0000% | 2.27x | — |
| 76 | 7480001 – 7580000 base | 40.5000% | 2.24x | — |
| 77 | 7580001 – 7680000 base | 41.0000% | 2.22x | — |
| 78 | 7680001 – 7780000 base | 41.5000% | 2.19x | — |
| 79 | 7780001 – 7880000 base | 42.0000% | 2.17x | — |
| 80 | 7880001 – 7980000 base | 42.5000% | 2.15x | — |
| 81 | 7980001 – 8080000 base | 43.0000% | 2.12x | — |
| 82 | 8080001 – 8180000 base | 43.5000% | 2.10x | — |
| 83 | 8180001 – 8280000 base | 44.0000% | 2.08x | — |
| 84 | 8280001 – 8380000 base | 44.5000% | 2.06x | — |
| 85 | 8380001 – 8480000 base | 45.0000% | 2.04x | — |
| 86 | 8480001 – 8580000 base | 45.5000% | 2.02x | — |
| 87 | 8580001 – 8680000 base | 46.0000% | 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 |
|---|---|---|---|
| Gate | GRASS_USDT | 4h | +3.29% |
| Lighter | GRASS | 8h | +10.51% |
| Aster | GRASSUSDT | 4h | +10.95% |
| Binance | GRASSUSDT | 4h | +10.95% |
| Bitget | GRASSUSDT | 4h | +10.95% |
| Bybit | GRASSUSDT | 4h | +10.95% |
| Hyperliquid | GRASS | 1h | +10.95% |
| OKX this page | GRASS-USDT-SWAP | 4h | +10.95% |
Common questions
What is the OKX GRASS funding rate?
The latest collected OKX GRASS funding rate is +0.0050% per 4h rate period, or +10.95% simple annualised. At this rate longs pay shorts.
How often is funding charged on OKX GRASS?
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 GRASS?
The collected leverage cap for OKX GRASS is 20x, with 87 margin tiers shown. The first margin tier, up to 100000 GRASS, allows 20x; the second allows 15x.
What is the maintenance margin rate on OKX GRASS?
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 GRASS funding cost for longs?
For a long position, Gate currently has the lowest rate at +3.29% annualised; this page's OKX is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has OKX GRASS funding paid over the past 30 days?
Settlements over the past 30 days annualise to +10.80% across 179 settlements, 1% 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 2026-10-21 22:12 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
179 settlements are available, covering 716 known-period hours, from 2026-09-22 00:00 to 2026-10-21 16:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.