OKX SPCH perpetual
SPCH-USDT-SWAP
As of 2026-11-04 08:48 UTC, SPCH-USDT-SWAP on OKX has a collected rate of 0.0000% over 8h, or 0.00% simple annualised; its collected settlement interval is 8h, with up to 10x leverage.
Settled rates over the past 30 days
Settled funding for SPCH-USDT-SWAP
The latest 30-day window contains 49 settlements covering 392 known-period hours, with a cumulative rate of -0.4560%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-10-21 16:00 | 0.0000% | 8h |
| 2026-10-21 08:00 | 0.0000% | 8h |
| 2026-10-21 00:00 | 0.0000% | 8h |
| 2026-10-20 16:00 | 0.0000% | 8h |
| 2026-10-20 08:00 | 0.0000% | 8h |
| 2026-10-20 00:00 | 0.0000% | 8h |
| 2026-10-19 16:00 | 0.0000% | 8h |
| 2026-10-19 08:00 | 0.0000% | 8h |
| 2026-10-19 00:00 | 0.0000% | 8h |
| 2026-10-18 16:00 | 0.0000% | 8h |
| 2026-10-18 08:00 | 0.0000% | 8h |
| 2026-10-18 00:00 | 0.0000% | 8h |
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.
What does this rate mean for a 10,000 USDT position?
For SPCH-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 SPCH-USDT-SWAP?
This table selects tiers by base-asset quantity in SPCH, not by the amount of margin deposited. The first tier starts at 0 and ends at 85 SPCH. Above that, tier 2 requires 4.0000% maintenance margin.
Contract units and calculator input
One SPCH-USDT-SWAP contract represents 1 SPCH. 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 – 85 base | 3.5000% | 10.00x | — |
| 2 | 86 – 170 base | 4.0000% | 9.52x | — |
| 3 | 171 – 255 base | 4.5000% | 9.09x | — |
| 4 | 256 – 340 base | 5.0000% | 8.69x | — |
| 5 | 341 – 425 base | 5.5000% | 8.33x | — |
| 6 | 426 – 510 base | 6.0000% | 8.00x | — |
| 7 | 511 – 595 base | 6.5000% | 7.69x | — |
| 8 | 596 – 680 base | 7.0000% | 7.40x | — |
| 9 | 681 – 765 base | 7.5000% | 7.14x | — |
| 10 | 766 – 850 base | 8.0000% | 6.89x | — |
| 11 | 851 – 935 base | 8.5000% | 6.66x | — |
| 12 | 936 – 1020 base | 9.0000% | 6.45x | — |
| 13 | 1021 – 1105 base | 9.5000% | 6.25x | — |
| 14 | 1106 – 1190 base | 10.0000% | 6.06x | — |
| 15 | 1191 – 1275 base | 10.5000% | 5.88x | — |
| 16 | 1276 – 1360 base | 11.0000% | 5.71x | — |
| 17 | 1361 – 1445 base | 11.5000% | 5.55x | — |
| 18 | 1446 – 1530 base | 12.0000% | 5.40x | — |
| 19 | 1531 – 1615 base | 12.5000% | 5.26x | — |
| 20 | 1616 – 1700 base | 13.0000% | 5.12x | — |
| 21 | 1701 – 1785 base | 13.5000% | 5.00x | — |
| 22 | 1786 – 1870 base | 14.0000% | 4.87x | — |
| 23 | 1871 – 1955 base | 14.5000% | 4.76x | — |
| 24 | 1956 – 2040 base | 15.0000% | 4.65x | — |
| 25 | 2041 – 2125 base | 15.5000% | 4.54x | — |
| 26 | 2126 – 2210 base | 16.0000% | 4.44x | — |
| 27 | 2211 – 2295 base | 16.5000% | 4.34x | — |
| 28 | 2296 – 2380 base | 17.0000% | 4.25x | — |
| 29 | 2381 – 2465 base | 17.5000% | 4.16x | — |
| 30 | 2466 – 2550 base | 18.0000% | 4.08x | — |
| 31 | 2551 – 2635 base | 18.5000% | 4.00x | — |
| 32 | 2636 – 2720 base | 19.0000% | 3.92x | — |
| 33 | 2721 – 2805 base | 19.5000% | 3.84x | — |
| 34 | 2806 – 2890 base | 20.0000% | 3.77x | — |
| 35 | 2891 – 2975 base | 20.5000% | 3.70x | — |
| 36 | 2976 – 3060 base | 21.0000% | 3.63x | — |
| 37 | 3061 – 3145 base | 21.5000% | 3.57x | — |
| 38 | 3146 – 3230 base | 22.0000% | 3.50x | — |
| 39 | 3231 – 3315 base | 22.5000% | 3.44x | — |
| 40 | 3316 – 3400 base | 23.0000% | 3.38x | — |
| 41 | 3401 – 3485 base | 23.5000% | 3.33x | — |
| 42 | 3486 – 3570 base | 24.0000% | 3.27x | — |
| 43 | 3571 – 3655 base | 24.5000% | 3.22x | — |
| 44 | 3656 – 3740 base | 25.0000% | 3.17x | — |
| 45 | 3741 – 3825 base | 25.5000% | 3.12x | — |
| 46 | 3826 – 3910 base | 26.0000% | 3.07x | — |
| 47 | 3911 – 3995 base | 26.5000% | 3.03x | — |
| 48 | 3996 – 4080 base | 27.0000% | 2.98x | — |
| 49 | 4081 – 4165 base | 27.5000% | 2.94x | — |
| 50 | 4166 – 4250 base | 28.0000% | 2.89x | — |
| 51 | 4251 – 4335 base | 28.5000% | 2.85x | — |
| 52 | 4336 – 4420 base | 29.0000% | 2.81x | — |
| 53 | 4421 – 4505 base | 29.5000% | 2.77x | — |
| 54 | 4506 – 4590 base | 30.0000% | 2.73x | — |
| 55 | 4591 – 4675 base | 30.5000% | 2.70x | — |
| 56 | 4676 – 4760 base | 31.0000% | 2.66x | — |
| 57 | 4761 – 4845 base | 31.5000% | 2.63x | — |
| 58 | 4846 – 4930 base | 32.0000% | 2.59x | — |
| 59 | 4931 – 5015 base | 32.5000% | 2.56x | — |
| 60 | 5016 – 5100 base | 33.0000% | 2.53x | — |
| 61 | 5101 – 5185 base | 33.5000% | 2.50x | — |
| 62 | 5186 – 5270 base | 34.0000% | 2.46x | — |
| 63 | 5271 – 5355 base | 34.5000% | 2.43x | — |
| 64 | 5356 – 5440 base | 35.0000% | 2.40x | — |
| 65 | 5441 – 5525 base | 35.5000% | 2.38x | — |
| 66 | 5526 – 5610 base | 36.0000% | 2.35x | — |
| 67 | 5611 – 5695 base | 36.5000% | 2.32x | — |
| 68 | 5696 – 5780 base | 37.0000% | 2.29x | — |
| 69 | 5781 – 5865 base | 37.5000% | 2.27x | — |
| 70 | 5866 – 5950 base | 38.0000% | 2.24x | — |
| 71 | 5951 – 6035 base | 38.5000% | 2.22x | — |
| 72 | 6036 – 6120 base | 39.0000% | 2.19x | — |
| 73 | 6121 – 6205 base | 39.5000% | 2.17x | — |
| 74 | 6206 – 6290 base | 40.0000% | 2.15x | — |
| 75 | 6291 – 6375 base | 40.5000% | 2.12x | — |
| 76 | 6376 – 6460 base | 41.0000% | 2.10x | — |
| 77 | 6461 – 6545 base | 41.5000% | 2.08x | — |
| 78 | 6546 – 6630 base | 42.0000% | 2.06x | — |
| 79 | 6631 – 6715 base | 42.5000% | 2.04x | — |
| 80 | 6716 – 6800 base | 43.0000% | 2.02x | — |
| 81 | 6801 – 6885 base | 43.5000% | 2.00x | — |
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 |
|---|---|---|---|
| Bitget | SPCHUSDT | 8h | 0.00% |
| Gate | SPCH_USDT | 8h | 0.00% |
| OKX this page | SPCH-USDT-SWAP | 8h | 0.00% |
| Bybit | SPCHUSDT | 8h | +57.53% |
Common questions
What is the OKX SPCH funding rate?
The latest collected OKX SPCH funding rate is 0.0000% per 8h rate period, or 0.00% simple annualised.
How often is funding charged on OKX SPCH?
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 OKX SPCH?
The collected leverage cap for OKX SPCH is 10x, with 81 margin tiers shown. The first margin tier, up to 85 SPCH, allows 10x; the second allows 10x.
What is the maintenance margin rate on OKX SPCH?
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.
What has OKX SPCH funding paid over the past 30 days?
Settlements over the past 30 days annualise to -10.19% across 49 settlements, 10% 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
49 settlements are available, covering 392 known-period hours, from 2026-10-05 16:00 to 2026-10-21 16:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.