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OKX SPK perpetual

SPK-USDT-SWAP

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As of 2026-10-15 05:11 UTC, SPK-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 20x leverage. Gate has a lower rate for longs at -20.37%.

Rate
+0.0050%
Rate period: 4h
Annualised
+10.95%
831.4K 24h turnover
Max leverage
20x
87 Tier
30d realised APR
+9.77%
167 settlements

Settled rates over the past 30 days

Annualised · +9.77% · range -33.1% … +11.0% · 167 settlements

Settled funding for SPK-USDT-SWAP

The latest 30-day window contains 167 settlements covering 668 known-period hours, with a cumulative rate of +0.7450%. The latest 12 settlements are shown below.

Settlement time (UTC)RateRate period
2026-10-13 00:00+0.0001%4h
2026-10-12 20:00+0.0036%4h
2026-10-12 16:00-0.0040%4h
2026-10-12 12:00-0.0057%4h
2026-10-12 08:00+0.0050%4h
2026-10-12 04:00+0.0016%4h
2026-10-12 00:00+0.0050%4h
2026-10-11 20:00+0.0050%4h
2026-10-11 16:00+0.0050%4h
2026-10-11 12:00+0.0050%4h
2026-10-11 08:00+0.0050%4h
2026-10-11 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 SPK-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 SPK-USDT-SWAP?

This table selects tiers by base-asset quantity in SPK, not by the amount of margin deposited. The first tier starts at 0 and ends at 820000 SPK. Above that, tier 2 requires 3.0000% maintenance margin.

Contract units and calculator input

One SPK-USDT-SWAP contract represents 100 SPK. 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 – 820000 base 2.0000% 20.00x —
2 820100 – 1500000 base 3.0000% 15.00x —
3 1500100 – 2500000 base 4.0000% 12.50x —
4 2500100 – 3280000 base 4.5000% 11.76x —
5 3280100 – 4100000 base 5.0000% 11.11x —
6 4100100 – 4920000 base 5.5000% 10.52x —
7 4920100 – 5740000 base 6.0000% 10.00x —
8 5740100 – 6560000 base 6.5000% 9.52x —
9 6560100 – 7380000 base 7.0000% 9.09x —
10 7380100 – 8200000 base 7.5000% 8.69x —
11 8200100 – 9020000 base 8.0000% 8.33x —
12 9020100 – 9840000 base 8.5000% 8.00x —
13 9840100 – 10660000 base 9.0000% 7.69x —
14 10660100 – 11480000 base 9.5000% 7.40x —
15 11480100 – 12300000 base 10.0000% 7.14x —
16 12300100 – 13120000 base 10.5000% 6.89x —
17 13120100 – 13940000 base 11.0000% 6.66x —
18 13940100 – 14760000 base 11.5000% 6.45x —
19 14760100 – 15580000 base 12.0000% 6.25x —
20 15580100 – 16400000 base 12.5000% 6.06x —
21 16400100 – 17220000 base 13.0000% 5.88x —
22 17220100 – 18040000 base 13.5000% 5.71x —
23 18040100 – 18860000 base 14.0000% 5.55x —
24 18860100 – 19680000 base 14.5000% 5.40x —
25 19680100 – 20500000 base 15.0000% 5.26x —
26 20500100 – 21320000 base 15.5000% 5.12x —
27 21320100 – 22140000 base 16.0000% 5.00x —
28 22140100 – 22960000 base 16.5000% 4.87x —
29 22960100 – 23780000 base 17.0000% 4.76x —
30 23780100 – 24600000 base 17.5000% 4.65x —
31 24600100 – 25420000 base 18.0000% 4.54x —
32 25420100 – 26240000 base 18.5000% 4.44x —
33 26240100 – 27060000 base 19.0000% 4.34x —
34 27060100 – 27880000 base 19.5000% 4.25x —
35 27880100 – 28700000 base 20.0000% 4.16x —
36 28700100 – 29520000 base 20.5000% 4.08x —
37 29520100 – 30340000 base 21.0000% 4.00x —
38 30340100 – 31160000 base 21.5000% 3.92x —
39 31160100 – 31980000 base 22.0000% 3.84x —
40 31980100 – 32800000 base 22.5000% 3.77x —
41 32800100 – 33620000 base 23.0000% 3.70x —
42 33620100 – 34440000 base 23.5000% 3.63x —
43 34440100 – 35260000 base 24.0000% 3.57x —
44 35260100 – 36080000 base 24.5000% 3.50x —
45 36080100 – 36900000 base 25.0000% 3.44x —
46 36900100 – 37720000 base 25.5000% 3.38x —
47 37720100 – 38540000 base 26.0000% 3.33x —
48 38540100 – 39360000 base 26.5000% 3.27x —
49 39360100 – 40180000 base 27.0000% 3.22x —
50 40180100 – 41000000 base 27.5000% 3.17x —
51 41000100 – 41820000 base 28.0000% 3.12x —
52 41820100 – 42640000 base 28.5000% 3.07x —
53 42640100 – 43460000 base 29.0000% 3.03x —
54 43460100 – 44280000 base 29.5000% 2.98x —
55 44280100 – 45100000 base 30.0000% 2.94x —
56 45100100 – 45920000 base 30.5000% 2.89x —
57 45920100 – 46740000 base 31.0000% 2.85x —
58 46740100 – 47560000 base 31.5000% 2.81x —
59 47560100 – 48380000 base 32.0000% 2.77x —
60 48380100 – 49200000 base 32.5000% 2.73x —
61 49200100 – 50020000 base 33.0000% 2.70x —
62 50020100 – 50840000 base 33.5000% 2.66x —
63 50840100 – 51660000 base 34.0000% 2.63x —
64 51660100 – 52480000 base 34.5000% 2.59x —
65 52480100 – 53300000 base 35.0000% 2.56x —
66 53300100 – 54120000 base 35.5000% 2.53x —
67 54120100 – 54940000 base 36.0000% 2.50x —
68 54940100 – 55760000 base 36.5000% 2.46x —
69 55760100 – 56580000 base 37.0000% 2.43x —
70 56580100 – 57400000 base 37.5000% 2.40x —
71 57400100 – 58220000 base 38.0000% 2.38x —
72 58220100 – 59040000 base 38.5000% 2.35x —
73 59040100 – 59860000 base 39.0000% 2.32x —
74 59860100 – 60680000 base 39.5000% 2.29x —
75 60680100 – 61500000 base 40.0000% 2.27x —
76 61500100 – 62320000 base 40.5000% 2.24x —
77 62320100 – 63140000 base 41.0000% 2.22x —
78 63140100 – 63960000 base 41.5000% 2.19x —
79 63960100 – 64780000 base 42.0000% 2.17x —
80 64780100 – 65600000 base 42.5000% 2.15x —
81 65600100 – 66420000 base 43.0000% 2.12x —
82 66420100 – 67240000 base 43.5000% 2.10x —
83 67240100 – 68060000 base 44.0000% 2.08x —
84 68060100 – 68880000 base 44.5000% 2.06x —
85 68880100 – 69700000 base 45.0000% 2.04x —
86 69700100 – 70520000 base 45.5000% 2.02x —
87 70520100 – 71340000 base 46.0000% 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
SPK-USDT-SWAP
Mark price
0.0196
Tick size
0.00001
Lot size
1

The same asset elsewhere

Venue Contract Rate period Annualised
Gate SPK_USDT 4h -20.37%
Binance SPKUSDT 4h -4.28%
Aster SPKUSDT 4h -0.89%
Bitget SPKUSDT 4h +10.95%
Bybit SPKUSDT 4h +10.95%
OKX this page SPK-USDT-SWAP 4h +10.95%

SPK By venue →

Common questions

What is the OKX SPK funding rate?

The latest collected OKX SPK 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 SPK?

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 SPK?

The collected leverage cap for OKX SPK is 20x, with 87 margin tiers shown. The first margin tier, up to 820000 SPK, allows 20x; the second allows 15x.

What is the maintenance margin rate on OKX SPK?

The first tier requires 2.0000%, with 87 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 SPK funding cost for longs?

For a long position, Gate currently has the lowest rate at -20.37% 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 SPK funding paid over the past 30 days?

Settlements over the past 30 days annualise to +9.77% across 167 settlements, 4% 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

167 settlements are available, covering 668 known-period hours, from 2026-09-15 08:00 to 2026-10-13 00:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.