OKX ON perpetual
ON-USDT-SWAP
As of 2026-10-15 05:59 UTC, ON-USDT-SWAP on OKX has a collected rate of 0.0000% over 8h, or 0.00% simple annualised, with up to 10x leverage.
What does this rate mean for a 10,000 USDT position?
For ON-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 ON-USDT-SWAP?
This table selects tiers by base-asset quantity in ON, not by the amount of margin deposited. The first tier starts at 0 and ends at 28 ON. Above that, tier 2 requires 4.0000% maintenance margin.
Contract units and calculator input
One ON-USDT-SWAP contract represents 1 ON. 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 – 28 base | 3.5000% | 10.00x | — |
| 2 | 28.1 – 56 base | 4.0000% | 9.52x | — |
| 3 | 56.1 – 84 base | 4.5000% | 9.09x | — |
| 4 | 84.1 – 112 base | 5.0000% | 8.69x | — |
| 5 | 112.1 – 140 base | 5.5000% | 8.33x | — |
| 6 | 140.1 – 168 base | 6.0000% | 8.00x | — |
| 7 | 168.1 – 196 base | 6.5000% | 7.69x | — |
| 8 | 196.1 – 224 base | 7.0000% | 7.40x | — |
| 9 | 224.1 – 252 base | 7.5000% | 7.14x | — |
| 10 | 252.1 – 280 base | 8.0000% | 6.89x | — |
| 11 | 280.1 – 308 base | 8.5000% | 6.66x | — |
| 12 | 308.1 – 336 base | 9.0000% | 6.45x | — |
| 13 | 336.1 – 364 base | 9.5000% | 6.25x | — |
| 14 | 364.1 – 392 base | 10.0000% | 6.06x | — |
| 15 | 392.1 – 420 base | 10.5000% | 5.88x | — |
| 16 | 420.1 – 448 base | 11.0000% | 5.71x | — |
| 17 | 448.1 – 476 base | 11.5000% | 5.55x | — |
| 18 | 476.1 – 504 base | 12.0000% | 5.40x | — |
| 19 | 504.1 – 532 base | 12.5000% | 5.26x | — |
| 20 | 532.1 – 560 base | 13.0000% | 5.12x | — |
| 21 | 560.1 – 588 base | 13.5000% | 5.00x | — |
| 22 | 588.1 – 616 base | 14.0000% | 4.87x | — |
| 23 | 616.1 – 644 base | 14.5000% | 4.76x | — |
| 24 | 644.1 – 672 base | 15.0000% | 4.65x | — |
| 25 | 672.1 – 700 base | 15.5000% | 4.54x | — |
| 26 | 700.1 – 728 base | 16.0000% | 4.44x | — |
| 27 | 728.1 – 756 base | 16.5000% | 4.34x | — |
| 28 | 756.1 – 784 base | 17.0000% | 4.25x | — |
| 29 | 784.1 – 812 base | 17.5000% | 4.16x | — |
| 30 | 812.1 – 840 base | 18.0000% | 4.08x | — |
| 31 | 840.1 – 868 base | 18.5000% | 4.00x | — |
| 32 | 868.1 – 896 base | 19.0000% | 3.92x | — |
| 33 | 896.1 – 924 base | 19.5000% | 3.84x | — |
| 34 | 924.1 – 952 base | 20.0000% | 3.77x | — |
| 35 | 952.1 – 980 base | 20.5000% | 3.70x | — |
| 36 | 980.1 – 1008 base | 21.0000% | 3.63x | — |
| 37 | 1008.1 – 1036 base | 21.5000% | 3.57x | — |
| 38 | 1036.1 – 1064 base | 22.0000% | 3.50x | — |
| 39 | 1064.1 – 1092 base | 22.5000% | 3.44x | — |
| 40 | 1092.1 – 1120 base | 23.0000% | 3.38x | — |
| 41 | 1120.1 – 1148 base | 23.5000% | 3.33x | — |
| 42 | 1148.1 – 1176 base | 24.0000% | 3.27x | — |
| 43 | 1176.1 – 1204 base | 24.5000% | 3.22x | — |
| 44 | 1204.1 – 1232 base | 25.0000% | 3.17x | — |
| 45 | 1232.1 – 1260 base | 25.5000% | 3.12x | — |
| 46 | 1260.1 – 1288 base | 26.0000% | 3.07x | — |
| 47 | 1288.1 – 1316 base | 26.5000% | 3.03x | — |
| 48 | 1316.1 – 1344 base | 27.0000% | 2.98x | — |
| 49 | 1344.1 – 1372 base | 27.5000% | 2.94x | — |
| 50 | 1372.1 – 1400 base | 28.0000% | 2.89x | — |
| 51 | 1400.1 – 1428 base | 28.5000% | 2.85x | — |
| 52 | 1428.1 – 1456 base | 29.0000% | 2.81x | — |
| 53 | 1456.1 – 1484 base | 29.5000% | 2.77x | — |
| 54 | 1484.1 – 1512 base | 30.0000% | 2.73x | — |
| 55 | 1512.1 – 1540 base | 30.5000% | 2.70x | — |
| 56 | 1540.1 – 1568 base | 31.0000% | 2.66x | — |
| 57 | 1568.1 – 1596 base | 31.5000% | 2.63x | — |
| 58 | 1596.1 – 1624 base | 32.0000% | 2.59x | — |
| 59 | 1624.1 – 1652 base | 32.5000% | 2.56x | — |
| 60 | 1652.1 – 1680 base | 33.0000% | 2.53x | — |
| 61 | 1680.1 – 1708 base | 33.5000% | 2.50x | — |
| 62 | 1708.1 – 1736 base | 34.0000% | 2.46x | — |
| 63 | 1736.1 – 1764 base | 34.5000% | 2.43x | — |
| 64 | 1764.1 – 1792 base | 35.0000% | 2.40x | — |
| 65 | 1792.1 – 1820 base | 35.5000% | 2.38x | — |
| 66 | 1820.1 – 1848 base | 36.0000% | 2.35x | — |
| 67 | 1848.1 – 1876 base | 36.5000% | 2.32x | — |
| 68 | 1876.1 – 1904 base | 37.0000% | 2.29x | — |
| 69 | 1904.1 – 1932 base | 37.5000% | 2.27x | — |
| 70 | 1932.1 – 1960 base | 38.0000% | 2.24x | — |
| 71 | 1960.1 – 1988 base | 38.5000% | 2.22x | — |
| 72 | 1988.1 – 2016 base | 39.0000% | 2.19x | — |
| 73 | 2016.1 – 2044 base | 39.5000% | 2.17x | — |
| 74 | 2044.1 – 2072 base | 40.0000% | 2.15x | — |
| 75 | 2072.1 – 2100 base | 40.5000% | 2.12x | — |
| 76 | 2100.1 – 2128 base | 41.0000% | 2.10x | — |
| 77 | 2128.1 – 2156 base | 41.5000% | 2.08x | — |
| 78 | 2156.1 – 2184 base | 42.0000% | 2.06x | — |
| 79 | 2184.1 – 2212 base | 42.5000% | 2.04x | — |
| 80 | 2212.1 – 2240 base | 43.0000% | 2.02x | — |
| 81 | 2240.1 – 2268 base | 43.5000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT. 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 |
|---|---|---|---|
| Bybit | ONUSDT | 8h | 0.00% |
| OKX this page | ON-USDT-SWAP | 8h | 0.00% |
| Binance | ONUSDT | 4h | +10.95% |
| Gate | ON_USDT | 4h | +10.95% |
| Aster | ONUSDT | 4h | +59.48% |
Common questions
What is the OKX ON funding rate?
The latest collected OKX ON funding rate is 0.0000% per 8h rate period, or 0.00% simple annualised.
What is the maximum leverage on OKX ON?
The collected leverage cap for OKX ON is 10x, with 81 margin tiers shown. The first margin tier, up to 28 ON, allows 10x; the second allows 10x.
What is the maintenance margin rate on OKX ON?
The first tier requires 3.5000%, with 81 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 05:59 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology