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OKX PENDLE perpetual

PENDLE-USDT-SWAP

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As of 2026-11-04 08:48 UTC, PENDLE-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 50x leverage. Gate has a lower rate for longs at -7.88%.

Rate
+0.0050%
Rate period: 4h
Annualised
+10.95%
3.0M 24h turnover
Max leverage
50x
93 Tier
30d realised APR
+9.33%
180 settlements

Settled rates over the past 30 days

Annualised · +9.33% · range -20.3% … +11.0% · 180 settlements

Settled funding for PENDLE-USDT-SWAP

The latest 30-day window contains 180 settlements covering 720 known-period hours, with a cumulative rate of +0.7668%. The latest 12 settlements are shown below.

Settlement time (UTC)RateRate period
2026-11-04 08:00+0.0050%4h
2026-11-04 04:00+0.0050%4h
2026-11-04 00:00+0.0050%4h
2026-11-03 20:00+0.0050%4h
2026-11-03 16:00+0.0050%4h
2026-11-03 12:00+0.0050%4h
2026-11-03 08:00+0.0050%4h
2026-11-03 04:00+0.0050%4h
2026-11-03 00:00+0.0050%4h
2026-11-02 20:00+0.0050%4h
2026-11-02 16:00+0.0050%4h
2026-11-02 12:00+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.

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Trade

What does this rate mean for a 10,000 USDT position?

For PENDLE-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 PENDLE-USDT-SWAP?

This table selects tiers by base-asset quantity in PENDLE, not by the amount of margin deposited. The first tier starts at 0 and ends at 3750 PENDLE. Above that, tier 2 requires 1.0000% maintenance margin.

Contract units and calculator input

One PENDLE-USDT-SWAP contract represents 1 PENDLE. 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 – 3750 base 0.6500% 50.00x —
2 3751 – 7500 base 1.0000% 40.00x —
3 7501 – 15000 base 1.5000% 20.00x —
4 15001 – 30000 base 2.0000% 18.18x —
5 30001 – 45000 base 2.5000% 16.66x —
6 45001 – 60000 base 3.0000% 15.38x —
7 60001 – 75000 base 3.5000% 14.28x —
8 75001 – 90000 base 4.0000% 13.33x —
9 90001 – 105000 base 4.5000% 12.50x —
10 105001 – 120000 base 5.0000% 11.76x —
11 120001 – 135000 base 5.5000% 11.11x —
12 135001 – 150000 base 6.0000% 10.52x —
13 150001 – 165000 base 6.5000% 10.00x —
14 165001 – 180000 base 7.0000% 9.52x —
15 180001 – 195000 base 7.5000% 9.09x —
16 195001 – 210000 base 8.0000% 8.69x —
17 210001 – 225000 base 8.5000% 8.33x —
18 225001 – 240000 base 9.0000% 8.00x —
19 240001 – 255000 base 9.5000% 7.69x —
20 255001 – 270000 base 10.0000% 7.40x —
21 270001 – 285000 base 10.5000% 7.14x —
22 285001 – 300000 base 11.0000% 6.89x —
23 300001 – 315000 base 11.5000% 6.66x —
24 315001 – 330000 base 12.0000% 6.45x —
25 330001 – 345000 base 12.5000% 6.25x —
26 345001 – 360000 base 13.0000% 6.06x —
27 360001 – 375000 base 13.5000% 5.88x —
28 375001 – 390000 base 14.0000% 5.71x —
29 390001 – 405000 base 14.5000% 5.55x —
30 405001 – 420000 base 15.0000% 5.40x —
31 420001 – 435000 base 15.5000% 5.26x —
32 435001 – 450000 base 16.0000% 5.12x —
33 450001 – 465000 base 16.5000% 5.00x —
34 465001 – 480000 base 17.0000% 4.87x —
35 480001 – 495000 base 17.5000% 4.76x —
36 495001 – 510000 base 18.0000% 4.65x —
37 510001 – 525000 base 18.5000% 4.54x —
38 525001 – 540000 base 19.0000% 4.44x —
39 540001 – 555000 base 19.5000% 4.34x —
40 555001 – 570000 base 20.0000% 4.25x —
41 570001 – 585000 base 20.5000% 4.16x —
42 585001 – 600000 base 21.0000% 4.08x —
43 600001 – 615000 base 21.5000% 4.00x —
44 615001 – 630000 base 22.0000% 3.92x —
45 630001 – 645000 base 22.5000% 3.84x —
46 645001 – 660000 base 23.0000% 3.77x —
47 660001 – 675000 base 23.5000% 3.70x —
48 675001 – 690000 base 24.0000% 3.63x —
49 690001 – 705000 base 24.5000% 3.57x —
50 705001 – 720000 base 25.0000% 3.50x —
51 720001 – 735000 base 25.5000% 3.44x —
52 735001 – 750000 base 26.0000% 3.38x —
53 750001 – 765000 base 26.5000% 3.33x —
54 765001 – 780000 base 27.0000% 3.27x —
55 780001 – 795000 base 27.5000% 3.22x —
56 795001 – 810000 base 28.0000% 3.17x —
57 810001 – 825000 base 28.5000% 3.12x —
58 825001 – 840000 base 29.0000% 3.07x —
59 840001 – 855000 base 29.5000% 3.03x —
60 855001 – 870000 base 30.0000% 2.98x —
61 870001 – 885000 base 30.5000% 2.94x —
62 885001 – 900000 base 31.0000% 2.89x —
63 900001 – 915000 base 31.5000% 2.85x —
64 915001 – 930000 base 32.0000% 2.81x —
65 930001 – 945000 base 32.5000% 2.77x —
66 945001 – 960000 base 33.0000% 2.73x —
67 960001 – 975000 base 33.5000% 2.70x —
68 975001 – 990000 base 34.0000% 2.66x —
69 990001 – 1005000 base 34.5000% 2.63x —
70 1005001 – 1020000 base 35.0000% 2.59x —
71 1020001 – 1035000 base 35.5000% 2.56x —
72 1035001 – 1050000 base 36.0000% 2.53x —
73 1050001 – 1065000 base 36.5000% 2.50x —
74 1065001 – 1080000 base 37.0000% 2.46x —
75 1080001 – 1095000 base 37.5000% 2.43x —
76 1095001 – 1110000 base 38.0000% 2.40x —
77 1110001 – 1125000 base 38.5000% 2.38x —
78 1125001 – 1140000 base 39.0000% 2.35x —
79 1140001 – 1155000 base 39.5000% 2.32x —
80 1155001 – 1170000 base 40.0000% 2.29x —
81 1170001 – 1185000 base 40.5000% 2.27x —
82 1185001 – 1200000 base 41.0000% 2.24x —
83 1200001 – 1215000 base 41.5000% 2.22x —
84 1215001 – 1230000 base 42.0000% 2.19x —
85 1230001 – 1245000 base 42.5000% 2.17x —
86 1245001 – 1260000 base 43.0000% 2.15x —
87 1260001 – 1275000 base 43.5000% 2.12x —
88 1275001 – 1290000 base 44.0000% 2.10x —
89 1290001 – 1305000 base 44.5000% 2.08x —
90 1305001 – 1320000 base 45.0000% 2.06x —
91 1320001 – 1335000 base 45.5000% 2.04x —
92 1335001 – 1350000 base 46.0000% 2.02x —
93 1350001 – 1365000 base 46.5000% 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.

Contract
PENDLE-USDT-SWAP
Mark price
1.8010
Tick size
0.001
Lot size
1

The same asset elsewhere

Venue Contract Rate period Annualised
Gate PENDLE_USDT 8h -7.88%
Hyperliquid PENDLE 1h +7.79%
Lighter PENDLE 8h +10.51%
Aster PENDLEUSDT 8h +10.95%
Binance PENDLEUSDT 8h +10.95%
Bitget PENDLEUSDT 8h +10.95%
Bybit PENDLEPERP 4h +10.95%
Bybit PENDLEUSDT 8h +10.95%
OKX this page PENDLE-USDT-SWAP 4h +10.95%

PENDLE By venue →

Common questions

What is the OKX PENDLE funding rate?

The latest collected OKX PENDLE 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 PENDLE?

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 PENDLE?

The collected leverage cap for OKX PENDLE is 50x, with 93 margin tiers shown. The first margin tier, up to 3750 PENDLE, allows 50x; the second allows 40x.

What is the maintenance margin rate on OKX PENDLE?

The first tier requires 0.6500%, with 93 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 PENDLE funding cost for longs?

For a long position, Gate currently has the lowest rate at -7.88% 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 PENDLE funding paid over the past 30 days?

Settlements over the past 30 days annualise to +9.33% across 180 settlements, 6% 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 2026-11-04 08:48 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

180 settlements are available, covering 720 known-period hours, from 2026-10-05 12:00 to 2026-11-04 08:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.