Gate OPEN perpetual
OPEN_USDT
As of 2026-10-15 04:54 UTC, OPEN_USDT on Gate has a collected rate of -0.0028% over 8h, or -3.07% simple annualised; its collected settlement interval is 8h, with up to 75x leverage.
What does this rate mean for a 10,000 USDT position?
For OPEN_USDT, 10,000 USDT of notional × -0.002800% gives 0.2800 USDT over the quoted 8h 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 OPEN_USDT?
This table selects tiers by position notional in USDT, not by the amount of margin deposited. The first tier starts at 0 and ends at 5000 USDT. Above that, tier 2 requires 1.0000% maintenance margin.
Contract units and calculator input
One OPEN_USDT contract represents 10 OPEN. 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
With 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 – 5000 quote | 0.8333% | 75.00x | — |
| 2 | 5000 – 10000 quote | 1.0000% | 50.00x | 8.335 |
| 3 | 10000 – 20000 quote | 1.2500% | 40.00x | 33.335 |
| 4 | 20000 – 30000 quote | 1.5000% | 33.00x | 83.335 |
| 5 | 30000 – 50000 quote | 2.0000% | 30.00x | 233.335 |
| 6 | 50000 – 70000 quote | 2.5000% | 25.00x | 483.335 |
| 7 | 70000 – 100000 quote | 3.0000% | 20.00x | 833.335 |
| 8 | 100000 – 150000 quote | 4.0000% | 16.00x | 1833.335 |
| 9 | 150000 – 200000 quote | 7.0000% | 10.00x | 6333.335 |
| 10 | 200000 – 300000 quote | 10.0000% | 8.00x | 12333.335 |
| 11 | 300000 – 500000 quote | 15.0000% | 5.00x | 27333.335 |
| 12 | 500000 – 700000 quote | 20.0000% | 4.00x | 52333.335 |
| 13 | 700000 – 1000000 quote | 28.0000% | 3.00x | 108333.335 |
| 14 | 1000000 – 1500000 quote | 35.0000% | 2.50x | 178333.335 |
| 15 | 1500000 – 2000000 quote | 45.0000% | 2.00x | 328333.335 |
| 16 | 2000000 – 2500000 quote | 50.0000% | 1.80x | 428333.335 |
| 17 | 2500000 – 3000000 quote | 60.0000% | 1.50x | 678333.335 |
| 18 | 3000000 – 4000000 quote | 78.0000% | 1.20x | 1218333.335 |
| 19 | 4000000 – ∞ quote | 90.0000% | 1.05x | 1698333.335 |
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 |
|---|---|---|---|
| Gate this page | OPEN_USDT | 8h | -3.07% |
| Aster | OPENUSDT | 4h | +10.95% |
| Binance | OPENUSDT | 4h | +10.95% |
| Bitget | OPENUSDT | 4h | +10.95% |
| Bybit | OPENUSDT | 4h | +10.95% |
Common questions
What is the Gate OPEN funding rate?
The latest collected Gate OPEN funding rate is -0.0028% per 8h rate period, or -3.07% simple annualised. At this rate shorts pay longs.
How often is funding charged on Gate OPEN?
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 Gate OPEN?
The collected leverage cap for Gate OPEN is 75x, with 19 margin tiers shown. The first margin tier, up to 5K USDT, allows 75x; the second allows 50x.
What is the maintenance margin rate on Gate OPEN?
The first tier requires 0.8333%, with 19 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Observation time and verification
This contract’s funding was observed at 2026-10-15 04:54 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Gate official data source · Funding methodology