OKX PEOPLE perpetual
PEOPLE-USDT-SWAP
As of 2026-09-09 14:58 UTC, PEOPLE-USDT-SWAP on OKX has a collected rate of +0.0100% over 8h, or +10.95% simple annualised; its collected settlement interval is 8h, with up to 20x leverage. Gate has a lower rate for longs at -6.35%.
Settled rates 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 – 1800000 base | 2.0000% | 20.00x | — |
| 2 | 1800100 – 3500000 base | 3.0000% | 15.00x | — |
| 3 | 3500100 – 5200000 base | 4.0000% | 12.50x | — |
| 4 | 5200100 – 7000000 base | 4.5000% | 11.76x | — |
| 5 | 7000100 – 8800000 base | 5.0000% | 11.11x | — |
| 6 | 8800100 – 10600000 base | 5.5000% | 10.52x | — |
| 7 | 10600100 – 12400000 base | 6.0000% | 10.00x | — |
| 8 | 12400100 – 14200000 base | 6.5000% | 9.52x | — |
| 9 | 14200100 – 16000000 base | 7.0000% | 9.09x | — |
| 10 | 16000100 – 17800000 base | 7.5000% | 8.69x | — |
| 11 | 17800100 – 19600000 base | 8.0000% | 8.33x | — |
| 12 | 19600100 – 21400000 base | 8.5000% | 8.00x | — |
| 13 | 21400100 – 23200000 base | 9.0000% | 7.69x | — |
| 14 | 23200100 – 25000000 base | 9.5000% | 7.40x | — |
| 15 | 25000100 – 26800000 base | 10.0000% | 7.14x | — |
| 16 | 26800100 – 28600000 base | 10.5000% | 6.89x | — |
| 17 | 28600100 – 30400000 base | 11.0000% | 6.66x | — |
| 18 | 30400100 – 32200000 base | 11.5000% | 6.45x | — |
| 19 | 32200100 – 34000000 base | 12.0000% | 6.25x | — |
| 20 | 34000100 – 35800000 base | 12.5000% | 6.06x | — |
| 21 | 35800100 – 37600000 base | 13.0000% | 5.88x | — |
| 22 | 37600100 – 39400000 base | 13.5000% | 5.71x | — |
| 23 | 39400100 – 41200000 base | 14.0000% | 5.55x | — |
| 24 | 41200100 – 43000000 base | 14.5000% | 5.40x | — |
| 25 | 43000100 – 44800000 base | 15.0000% | 5.26x | — |
| 26 | 44800100 – 46600000 base | 15.5000% | 5.12x | — |
| 27 | 46600100 – 48400000 base | 16.0000% | 5.00x | — |
| 28 | 48400100 – 50200000 base | 16.5000% | 4.87x | — |
| 29 | 50200100 – 52000000 base | 17.0000% | 4.76x | — |
| 30 | 52000100 – 53800000 base | 17.5000% | 4.65x | — |
| 31 | 53800100 – 55600000 base | 18.0000% | 4.54x | — |
| 32 | 55600100 – 57400000 base | 18.5000% | 4.44x | — |
| 33 | 57400100 – 59200000 base | 19.0000% | 4.34x | — |
| 34 | 59200100 – 61000000 base | 19.5000% | 4.25x | — |
| 35 | 61000100 – 62800000 base | 20.0000% | 4.16x | — |
| 36 | 62800100 – 64600000 base | 20.5000% | 4.08x | — |
| 37 | 64600100 – 66400000 base | 21.0000% | 4.00x | — |
| 38 | 66400100 – 68200000 base | 21.5000% | 3.92x | — |
| 39 | 68200100 – 70000000 base | 22.0000% | 3.84x | — |
| 40 | 70000100 – 71800000 base | 22.5000% | 3.77x | — |
| 41 | 71800100 – 73600000 base | 23.0000% | 3.70x | — |
| 42 | 73600100 – 75400000 base | 23.5000% | 3.63x | — |
| 43 | 75400100 – 77200000 base | 24.0000% | 3.57x | — |
| 44 | 77200100 – 79000000 base | 24.5000% | 3.50x | — |
| 45 | 79000100 – 80800000 base | 25.0000% | 3.44x | — |
| 46 | 80800100 – 82600000 base | 25.5000% | 3.38x | — |
| 47 | 82600100 – 84400000 base | 26.0000% | 3.33x | — |
| 48 | 84400100 – 86200000 base | 26.5000% | 3.27x | — |
| 49 | 86200100 – 88000000 base | 27.0000% | 3.22x | — |
| 50 | 88000100 – 89800000 base | 27.5000% | 3.17x | — |
| 51 | 89800100 – 91600000 base | 28.0000% | 3.12x | — |
| 52 | 91600100 – 93400000 base | 28.5000% | 3.07x | — |
| 53 | 93400100 – 95200000 base | 29.0000% | 3.03x | — |
| 54 | 95200100 – 97000000 base | 29.5000% | 2.98x | — |
| 55 | 97000100 – 98800000 base | 30.0000% | 2.94x | — |
| 56 | 98800100 – 100600000 base | 30.5000% | 2.89x | — |
| 57 | 100600100 – 102400000 base | 31.0000% | 2.85x | — |
| 58 | 102400100 – 104200000 base | 31.5000% | 2.81x | — |
| 59 | 104200100 – 106000000 base | 32.0000% | 2.77x | — |
| 60 | 106000100 – 107800000 base | 32.5000% | 2.73x | — |
| 61 | 107800100 – 109600000 base | 33.0000% | 2.70x | — |
| 62 | 109600100 – 111400000 base | 33.5000% | 2.66x | — |
| 63 | 111400100 – 113200000 base | 34.0000% | 2.63x | — |
| 64 | 113200100 – 115000000 base | 34.5000% | 2.59x | — |
| 65 | 115000100 – 116800000 base | 35.0000% | 2.56x | — |
| 66 | 116800100 – 118600000 base | 35.5000% | 2.53x | — |
| 67 | 118600100 – 120400000 base | 36.0000% | 2.50x | — |
| 68 | 120400100 – 122200000 base | 36.5000% | 2.46x | — |
| 69 | 122200100 – 124000000 base | 37.0000% | 2.43x | — |
| 70 | 124000100 – 125800000 base | 37.5000% | 2.40x | — |
| 71 | 125800100 – 127600000 base | 38.0000% | 2.38x | — |
| 72 | 127600100 – 129400000 base | 38.5000% | 2.35x | — |
| 73 | 129400100 – 131200000 base | 39.0000% | 2.32x | — |
| 74 | 131200100 – 133000000 base | 39.5000% | 2.29x | — |
| 75 | 133000100 – 134800000 base | 40.0000% | 2.27x | — |
| 76 | 134800100 – 136600000 base | 40.5000% | 2.24x | — |
| 77 | 136600100 – 138400000 base | 41.0000% | 2.22x | — |
| 78 | 138400100 – 140200000 base | 41.5000% | 2.19x | — |
| 79 | 140200100 – 142000000 base | 42.0000% | 2.17x | — |
| 80 | 142000100 – 143800000 base | 42.5000% | 2.15x | — |
| 81 | 143800100 – 145600000 base | 43.0000% | 2.12x | — |
| 82 | 145600100 – 147400000 base | 43.5000% | 2.10x | — |
| 83 | 147400100 – 149200000 base | 44.0000% | 2.08x | — |
| 84 | 149200100 – 151000000 base | 44.5000% | 2.06x | — |
| 85 | 151000100 – 152800000 base | 45.0000% | 2.04x | — |
| 86 | 152800100 – 154600000 base | 45.5000% | 2.02x | — |
| 87 | 154600100 – 156400000 base | 46.0000% | 2.00x | — |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 8h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Gate | PEOPLE_USDT | 8h | -6.35% |
| Aster | PEOPLEUSDT | 1h | -3.04% |
| Hyperliquid | PEOPLE | 1h | +6.58% |
| Binance | PEOPLEUSDT | 8h | +10.95% |
| Bitget | PEOPLEUSDT | 8h | +10.95% |
| Bybit | PEOPLEUSDT | 8h | +10.95% |
| OKX this page | PEOPLE-USDT-SWAP | 8h | +10.95% |
Common questions
What is the OKX PEOPLE funding rate?
The latest collected OKX PEOPLE funding rate is +0.0100% over a 8h rate period, or +10.95% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on OKX PEOPLE?
The collected settlement interval is 8h, normally 3 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on OKX PEOPLE?
The collected leverage cap for OKX PEOPLE is 20x, with 87 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on OKX PEOPLE?
The first tier requires 2.0000%, and there are 87 tiers in all — a larger position requires more. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
Which venue has the lowest PEOPLE funding cost for longs?
For a long position, Gate currently has the lowest rate at -6.35% 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 PEOPLE funding paid over the past 30 days?
Settlements over the past 30 days annualise to +9.45% across 89 settlements, 3% 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 2026-09-09 14:58 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
89 settlements are available, covering 712 known-period hours, from 2026-08-10 16:00 to 2026-09-09 00:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.