OKX NOW perpetual
NOW-USDT-SWAP
As of 2026-10-15 06:14 UTC, NOW-USDT-SWAP on OKX has a collected rate of 0.0000% over 8h, or 0.00% simple annualised; its collected settlement interval is 8h, with up to 20x leverage.
What does this rate mean for a 10,000 USDT position?
For NOW-USDT-SWAP, 10,000 USDT of notional × 0.000000% gives 0.0000 USDT over the quoted 8h rate period: neither side pays funding at this rate. 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 NOW-USDT-SWAP?
This table selects tiers by base-asset quantity in NOW, not by the amount of margin deposited. The first tier starts at 0 and ends at 60 NOW. Above that, tier 2 requires 3.0000% maintenance margin.
Contract units and calculator input
One NOW-USDT-SWAP contract represents 1 NOW. 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
Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.
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 – 60 base | 2.0000% | 20.00x | — |
| 2 | 60.01 – 120 base | 3.0000% | 15.00x | — |
| 3 | 120.01 – 180 base | 4.0000% | 12.50x | — |
| 4 | 180.01 – 240 base | 4.5000% | 11.76x | — |
| 5 | 240.01 – 300 base | 5.0000% | 11.11x | — |
| 6 | 300.01 – 360 base | 5.5000% | 10.52x | — |
| 7 | 360.01 – 420 base | 6.0000% | 10.00x | — |
| 8 | 420.01 – 480 base | 6.5000% | 9.52x | — |
| 9 | 480.01 – 540 base | 7.0000% | 9.09x | — |
| 10 | 540.01 – 600 base | 7.5000% | 8.69x | — |
| 11 | 600.01 – 660 base | 8.0000% | 8.33x | — |
| 12 | 660.01 – 720 base | 8.5000% | 8.00x | — |
| 13 | 720.01 – 780 base | 9.0000% | 7.69x | — |
| 14 | 780.01 – 840 base | 9.5000% | 7.40x | — |
| 15 | 840.01 – 900 base | 10.0000% | 7.14x | — |
| 16 | 900.01 – 960 base | 10.5000% | 6.89x | — |
| 17 | 960.01 – 1020 base | 11.0000% | 6.66x | — |
| 18 | 1020.01 – 1080 base | 11.5000% | 6.45x | — |
| 19 | 1080.01 – 1140 base | 12.0000% | 6.25x | — |
| 20 | 1140.01 – 1200 base | 12.5000% | 6.06x | — |
| 21 | 1200.01 – 1260 base | 13.0000% | 5.88x | — |
| 22 | 1260.01 – 1320 base | 13.5000% | 5.71x | — |
| 23 | 1320.01 – 1380 base | 14.0000% | 5.55x | — |
| 24 | 1380.01 – 1440 base | 14.5000% | 5.40x | — |
| 25 | 1440.01 – 1500 base | 15.0000% | 5.26x | — |
| 26 | 1500.01 – 1560 base | 15.5000% | 5.12x | — |
| 27 | 1560.01 – 1620 base | 16.0000% | 5.00x | — |
| 28 | 1620.01 – 1680 base | 16.5000% | 4.87x | — |
| 29 | 1680.01 – 1740 base | 17.0000% | 4.76x | — |
| 30 | 1740.01 – 1800 base | 17.5000% | 4.65x | — |
| 31 | 1800.01 – 1860 base | 18.0000% | 4.54x | — |
| 32 | 1860.01 – 1920 base | 18.5000% | 4.44x | — |
| 33 | 1920.01 – 1980 base | 19.0000% | 4.34x | — |
| 34 | 1980.01 – 2040 base | 19.5000% | 4.25x | — |
| 35 | 2040.01 – 2100 base | 20.0000% | 4.16x | — |
| 36 | 2100.01 – 2160 base | 20.5000% | 4.08x | — |
| 37 | 2160.01 – 2220 base | 21.0000% | 4.00x | — |
| 38 | 2220.01 – 2280 base | 21.5000% | 3.92x | — |
| 39 | 2280.01 – 2340 base | 22.0000% | 3.84x | — |
| 40 | 2340.01 – 2400 base | 22.5000% | 3.77x | — |
| 41 | 2400.01 – 2460 base | 23.0000% | 3.70x | — |
| 42 | 2460.01 – 2520 base | 23.5000% | 3.63x | — |
| 43 | 2520.01 – 2580 base | 24.0000% | 3.57x | — |
| 44 | 2580.01 – 2640 base | 24.5000% | 3.50x | — |
| 45 | 2640.01 – 2700 base | 25.0000% | 3.44x | — |
| 46 | 2700.01 – 2760 base | 25.5000% | 3.38x | — |
| 47 | 2760.01 – 2820 base | 26.0000% | 3.33x | — |
| 48 | 2820.01 – 2880 base | 26.5000% | 3.27x | — |
| 49 | 2880.01 – 2940 base | 27.0000% | 3.22x | — |
| 50 | 2940.01 – 3000 base | 27.5000% | 3.17x | — |
| 51 | 3000.01 – 3060 base | 28.0000% | 3.12x | — |
| 52 | 3060.01 – 3120 base | 28.5000% | 3.07x | — |
| 53 | 3120.01 – 3180 base | 29.0000% | 3.03x | — |
| 54 | 3180.01 – 3240 base | 29.5000% | 2.98x | — |
| 55 | 3240.01 – 3300 base | 30.0000% | 2.94x | — |
| 56 | 3300.01 – 3360 base | 30.5000% | 2.89x | — |
| 57 | 3360.01 – 3420 base | 31.0000% | 2.85x | — |
| 58 | 3420.01 – 3480 base | 31.5000% | 2.81x | — |
| 59 | 3480.01 – 3540 base | 32.0000% | 2.77x | — |
| 60 | 3540.01 – 3600 base | 32.5000% | 2.73x | — |
| 61 | 3600.01 – 3660 base | 33.0000% | 2.70x | — |
| 62 | 3660.01 – 3720 base | 33.5000% | 2.66x | — |
| 63 | 3720.01 – 3780 base | 34.0000% | 2.63x | — |
| 64 | 3780.01 – 3840 base | 34.5000% | 2.59x | — |
| 65 | 3840.01 – 3900 base | 35.0000% | 2.56x | — |
| 66 | 3900.01 – 3960 base | 35.5000% | 2.53x | — |
| 67 | 3960.01 – 4020 base | 36.0000% | 2.50x | — |
| 68 | 4020.01 – 4080 base | 36.5000% | 2.46x | — |
| 69 | 4080.01 – 4140 base | 37.0000% | 2.43x | — |
| 70 | 4140.01 – 4200 base | 37.5000% | 2.40x | — |
| 71 | 4200.01 – 4260 base | 38.0000% | 2.38x | — |
| 72 | 4260.01 – 4320 base | 38.5000% | 2.35x | — |
| 73 | 4320.01 – 4380 base | 39.0000% | 2.32x | — |
| 74 | 4380.01 – 4440 base | 39.5000% | 2.29x | — |
| 75 | 4440.01 – 4500 base | 40.0000% | 2.27x | — |
| 76 | 4500.01 – 4560 base | 40.5000% | 2.24x | — |
| 77 | 4560.01 – 4620 base | 41.0000% | 2.22x | — |
| 78 | 4620.01 – 4680 base | 41.5000% | 2.19x | — |
| 79 | 4680.01 – 4740 base | 42.0000% | 2.17x | — |
| 80 | 4740.01 – 4800 base | 42.5000% | 2.15x | — |
| 81 | 4800.01 – 4860 base | 43.0000% | 2.12x | — |
| 82 | 4860.01 – 4920 base | 43.5000% | 2.10x | — |
| 83 | 4920.01 – 4980 base | 44.0000% | 2.08x | — |
| 84 | 4980.01 – 5040 base | 44.5000% | 2.06x | — |
| 85 | 5040.01 – 5100 base | 45.0000% | 2.04x | — |
| 86 | 5100.01 – 5160 base | 45.5000% | 2.02x | — |
| 87 | 5160.01 – 5220 base | 46.0000% | 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 |
|---|---|---|---|
| Aster | NOWUSDT | 8h | 0.00% |
| Bitget | NOWUSDT | 8h | 0.00% |
| Bybit | NOWUSDT | 8h | 0.00% |
| Gate | NOW_USDT | 8h | 0.00% |
| OKX this page | NOW-USDT-SWAP | 8h | 0.00% |
| Lighter | NOW | 8h | +3.50% |
Common questions
What is the OKX NOW funding rate?
The latest collected OKX NOW funding rate is 0.0000% per 8h rate period, or 0.00% simple annualised.
How often is funding charged on OKX NOW?
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 NOW?
The collected leverage cap for OKX NOW is 20x, with 87 margin tiers shown. The first margin tier, up to 60 NOW, allows 20x; the second allows 15x.
What is the maintenance margin rate on OKX NOW?
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.
Observation time and verification
This contract’s funding was observed at 2026-10-15 06:14 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology