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OKX PENDLE perpetual

PENDLE-USDT-SWAP

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As of 2026-10-15 05:11 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. Bybit has a lower rate for longs at -68.36%.

Rate
+0.0050%
Rate period: 4h
Annualised
+10.95%
3.9M 24h turnover
Max leverage
50x
93 Tier
30d realised APR
+9.33%
179 settlements

Settled rates over the past 30 days

Annualised · +9.33% · range -21.7% … +11.0% · 179 settlements

Settled funding for PENDLE-USDT-SWAP

The latest 30-day window contains 179 settlements covering 716 known-period hours, with a cumulative rate of +0.7626%. The latest 12 settlements are shown below.

Settlement time (UTC)RateRate period
2026-10-15 00:00+0.0050%4h
2026-10-14 20:00+0.0050%4h
2026-10-14 16:00+0.0050%4h
2026-10-14 12:00+0.0050%4h
2026-10-14 08:00+0.0050%4h
2026-10-14 04:00+0.0050%4h
2026-10-14 00:00+0.0050%4h
2026-10-13 20:00+0.0050%4h
2026-10-13 16:00+0.0050%4h
2026-10-13 12:00+0.0050%4h
2026-10-13 08:00+0.0050%4h
2026-10-13 04:00+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 1500 PENDLE. Above that, tier 2 requires 1.5000% 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 – 1500 base 1.0000% 50.00x —
2 1501 – 3200 base 1.5000% 40.00x —
3 3201 – 6500 base 3.0000% 20.00x —
4 6501 – 13000 base 3.5000% 18.18x —
5 13001 – 19500 base 4.0000% 16.66x —
6 19501 – 26000 base 4.5000% 15.38x —
7 26001 – 32500 base 5.0000% 14.28x —
8 32501 – 39000 base 5.5000% 13.33x —
9 39001 – 45500 base 6.0000% 12.50x —
10 45501 – 52000 base 6.5000% 11.76x —
11 52001 – 58500 base 7.0000% 11.11x —
12 58501 – 65000 base 7.5000% 10.52x —
13 65001 – 71500 base 8.0000% 10.00x —
14 71501 – 78000 base 8.5000% 9.52x —
15 78001 – 84500 base 9.0000% 9.09x —
16 84501 – 91000 base 9.5000% 8.69x —
17 91001 – 97500 base 10.0000% 8.33x —
18 97501 – 104000 base 10.5000% 8.00x —
19 104001 – 110500 base 11.0000% 7.69x —
20 110501 – 117000 base 11.5000% 7.40x —
21 117001 – 123500 base 12.0000% 7.14x —
22 123501 – 130000 base 12.5000% 6.89x —
23 130001 – 136500 base 13.0000% 6.66x —
24 136501 – 143000 base 13.5000% 6.45x —
25 143001 – 149500 base 14.0000% 6.25x —
26 149501 – 156000 base 14.5000% 6.06x —
27 156001 – 162500 base 15.0000% 5.88x —
28 162501 – 169000 base 15.5000% 5.71x —
29 169001 – 175500 base 16.0000% 5.55x —
30 175501 – 182000 base 16.5000% 5.40x —
31 182001 – 188500 base 17.0000% 5.26x —
32 188501 – 195000 base 17.5000% 5.12x —
33 195001 – 201500 base 18.0000% 5.00x —
34 201501 – 208000 base 18.5000% 4.87x —
35 208001 – 214500 base 19.0000% 4.76x —
36 214501 – 221000 base 19.5000% 4.65x —
37 221001 – 227500 base 20.0000% 4.54x —
38 227501 – 234000 base 20.5000% 4.44x —
39 234001 – 240500 base 21.0000% 4.34x —
40 240501 – 247000 base 21.5000% 4.25x —
41 247001 – 253500 base 22.0000% 4.16x —
42 253501 – 260000 base 22.5000% 4.08x —
43 260001 – 266500 base 23.0000% 4.00x —
44 266501 – 273000 base 23.5000% 3.92x —
45 273001 – 279500 base 24.0000% 3.84x —
46 279501 – 286000 base 24.5000% 3.77x —
47 286001 – 292500 base 25.0000% 3.70x —
48 292501 – 299000 base 25.5000% 3.63x —
49 299001 – 305500 base 26.0000% 3.57x —
50 305501 – 312000 base 26.5000% 3.50x —
51 312001 – 318500 base 27.0000% 3.44x —
52 318501 – 325000 base 27.5000% 3.38x —
53 325001 – 331500 base 28.0000% 3.33x —
54 331501 – 338000 base 28.5000% 3.27x —
55 338001 – 344500 base 29.0000% 3.22x —
56 344501 – 351000 base 29.5000% 3.17x —
57 351001 – 357500 base 30.0000% 3.12x —
58 357501 – 364000 base 30.5000% 3.07x —
59 364001 – 370500 base 31.0000% 3.03x —
60 370501 – 377000 base 31.5000% 2.98x —
61 377001 – 383500 base 32.0000% 2.94x —
62 383501 – 390000 base 32.5000% 2.89x —
63 390001 – 396500 base 33.0000% 2.85x —
64 396501 – 403000 base 33.5000% 2.81x —
65 403001 – 409500 base 34.0000% 2.77x —
66 409501 – 416000 base 34.5000% 2.73x —
67 416001 – 422500 base 35.0000% 2.70x —
68 422501 – 429000 base 35.5000% 2.66x —
69 429001 – 435500 base 36.0000% 2.63x —
70 435501 – 442000 base 36.5000% 2.59x —
71 442001 – 448500 base 37.0000% 2.56x —
72 448501 – 455000 base 37.5000% 2.53x —
73 455001 – 461500 base 38.0000% 2.50x —
74 461501 – 468000 base 38.5000% 2.46x —
75 468001 – 474500 base 39.0000% 2.43x —
76 474501 – 481000 base 39.5000% 2.40x —
77 481001 – 487500 base 40.0000% 2.38x —
78 487501 – 494000 base 40.5000% 2.35x —
79 494001 – 500500 base 41.0000% 2.32x —
80 500501 – 507000 base 41.5000% 2.29x —
81 507001 – 513500 base 42.0000% 2.27x —
82 513501 – 520000 base 42.5000% 2.24x —
83 520001 – 526500 base 43.0000% 2.22x —
84 526501 – 533000 base 43.5000% 2.19x —
85 533001 – 539500 base 44.0000% 2.17x —
86 539501 – 546000 base 44.5000% 2.15x —
87 546001 – 552500 base 45.0000% 2.12x —
88 552501 – 559000 base 45.5000% 2.10x —
89 559001 – 565500 base 46.0000% 2.08x —
90 565501 – 572000 base 46.5000% 2.06x —
91 572001 – 578500 base 47.0000% 2.04x —
92 578501 – 585000 base 47.5000% 2.02x —
93 585001 – 591500 base 48.0000% 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.

Contract
PENDLE-USDT-SWAP
Mark price
1.9640
Tick size
0.001
Lot size
1

The same asset elsewhere

Venue Contract Rate period Annualised
Bybit PENDLEPERP 4h -68.36%
Gate PENDLE_USDT 8h -11.17%
Binance PENDLEUSDT 8h -4.67%
Aster PENDLEUSDT 8h +2.23%
Lighter PENDLE 8h +10.51%
Bitget PENDLEUSDT 8h +10.95%
Bybit PENDLEUSDT 8h +10.95%
Hyperliquid PENDLE 1h +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 1500 PENDLE, allows 50x; the second allows 40x.

What is the maintenance margin rate on OKX PENDLE?

The first tier requires 1.0000%, 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, Bybit currently has the lowest rate at -68.36% 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 179 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 2026-10-15 05:11 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 2026-09-15 08:00 to 2026-10-15 00:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.