OKX SPY perpetual
SPY-USDT-SWAP
As of 2026-09-09 14:58 UTC, SPY-USDT-SWAP on OKX has a collected rate of +0.0107% over 8h, or +11.74% simple annualised; its collected settlement interval is 8h, with up to 50x leverage. Bybit has a lower rate for longs at 0.00%.
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 – 42 base | 1.0000% | 50.00x | — |
| 2 | 42.01 – 85 base | 1.5000% | 40.00x | — |
| 3 | 85.01 – 170 base | 3.0000% | 20.00x | — |
| 4 | 170.01 – 340 base | 3.5000% | 18.18x | — |
| 5 | 340.01 – 510 base | 4.0000% | 16.66x | — |
| 6 | 510.01 – 680 base | 4.5000% | 15.38x | — |
| 7 | 680.01 – 850 base | 5.0000% | 14.28x | — |
| 8 | 850.01 – 1020 base | 5.5000% | 13.33x | — |
| 9 | 1020.01 – 1190 base | 6.0000% | 12.50x | — |
| 10 | 1190.01 – 1360 base | 6.5000% | 11.76x | — |
| 11 | 1360.01 – 1530 base | 7.0000% | 11.11x | — |
| 12 | 1530.01 – 1700 base | 7.5000% | 10.52x | — |
| 13 | 1700.01 – 1870 base | 8.0000% | 10.00x | — |
| 14 | 1870.01 – 2040 base | 8.5000% | 9.52x | — |
| 15 | 2040.01 – 2210 base | 9.0000% | 9.09x | — |
| 16 | 2210.01 – 2380 base | 9.5000% | 8.69x | — |
| 17 | 2380.01 – 2550 base | 10.0000% | 8.33x | — |
| 18 | 2550.01 – 2720 base | 10.5000% | 8.00x | — |
| 19 | 2720.01 – 2890 base | 11.0000% | 7.69x | — |
| 20 | 2890.01 – 3060 base | 11.5000% | 7.40x | — |
| 21 | 3060.01 – 3230 base | 12.0000% | 7.14x | — |
| 22 | 3230.01 – 3400 base | 12.5000% | 6.89x | — |
| 23 | 3400.01 – 3570 base | 13.0000% | 6.66x | — |
| 24 | 3570.01 – 3740 base | 13.5000% | 6.45x | — |
| 25 | 3740.01 – 3910 base | 14.0000% | 6.25x | — |
| 26 | 3910.01 – 4080 base | 14.5000% | 6.06x | — |
| 27 | 4080.01 – 4250 base | 15.0000% | 5.88x | — |
| 28 | 4250.01 – 4420 base | 15.5000% | 5.71x | — |
| 29 | 4420.01 – 4590 base | 16.0000% | 5.55x | — |
| 30 | 4590.01 – 4760 base | 16.5000% | 5.40x | — |
| 31 | 4760.01 – 4930 base | 17.0000% | 5.26x | — |
| 32 | 4930.01 – 5100 base | 17.5000% | 5.12x | — |
| 33 | 5100.01 – 5270 base | 18.0000% | 5.00x | — |
| 34 | 5270.01 – 5440 base | 18.5000% | 4.87x | — |
| 35 | 5440.01 – 5610 base | 19.0000% | 4.76x | — |
| 36 | 5610.01 – 5780 base | 19.5000% | 4.65x | — |
| 37 | 5780.01 – 5950 base | 20.0000% | 4.54x | — |
| 38 | 5950.01 – 6120 base | 20.5000% | 4.44x | — |
| 39 | 6120.01 – 6290 base | 21.0000% | 4.34x | — |
| 40 | 6290.01 – 6460 base | 21.5000% | 4.25x | — |
| 41 | 6460.01 – 6630 base | 22.0000% | 4.16x | — |
| 42 | 6630.01 – 6800 base | 22.5000% | 4.08x | — |
| 43 | 6800.01 – 6970 base | 23.0000% | 4.00x | — |
| 44 | 6970.01 – 7140 base | 23.5000% | 3.92x | — |
| 45 | 7140.01 – 7310 base | 24.0000% | 3.84x | — |
| 46 | 7310.01 – 7480 base | 24.5000% | 3.77x | — |
| 47 | 7480.01 – 7650 base | 25.0000% | 3.70x | — |
| 48 | 7650.01 – 7820 base | 25.5000% | 3.63x | — |
| 49 | 7820.01 – 7990 base | 26.0000% | 3.57x | — |
| 50 | 7990.01 – 8160 base | 26.5000% | 3.50x | — |
| 51 | 8160.01 – 8330 base | 27.0000% | 3.44x | — |
| 52 | 8330.01 – 8500 base | 27.5000% | 3.38x | — |
| 53 | 8500.01 – 8670 base | 28.0000% | 3.33x | — |
| 54 | 8670.01 – 8840 base | 28.5000% | 3.27x | — |
| 55 | 8840.01 – 9010 base | 29.0000% | 3.22x | — |
| 56 | 9010.01 – 9180 base | 29.5000% | 3.17x | — |
| 57 | 9180.01 – 9350 base | 30.0000% | 3.12x | — |
| 58 | 9350.01 – 9520 base | 30.5000% | 3.07x | — |
| 59 | 9520.01 – 9690 base | 31.0000% | 3.03x | — |
| 60 | 9690.01 – 9860 base | 31.5000% | 2.98x | — |
| 61 | 9860.01 – 10030 base | 32.0000% | 2.94x | — |
| 62 | 10030.01 – 10200 base | 32.5000% | 2.89x | — |
| 63 | 10200.01 – 10370 base | 33.0000% | 2.85x | — |
| 64 | 10370.01 – 10540 base | 33.5000% | 2.81x | — |
| 65 | 10540.01 – 10710 base | 34.0000% | 2.77x | — |
| 66 | 10710.01 – 10880 base | 34.5000% | 2.73x | — |
| 67 | 10880.01 – 11050 base | 35.0000% | 2.70x | — |
| 68 | 11050.01 – 11220 base | 35.5000% | 2.66x | — |
| 69 | 11220.01 – 11390 base | 36.0000% | 2.63x | — |
| 70 | 11390.01 – 11560 base | 36.5000% | 2.59x | — |
| 71 | 11560.01 – 11730 base | 37.0000% | 2.56x | — |
| 72 | 11730.01 – 11900 base | 37.5000% | 2.53x | — |
| 73 | 11900.01 – 12070 base | 38.0000% | 2.50x | — |
| 74 | 12070.01 – 12240 base | 38.5000% | 2.46x | — |
| 75 | 12240.01 – 12410 base | 39.0000% | 2.43x | — |
| 76 | 12410.01 – 12580 base | 39.5000% | 2.40x | — |
| 77 | 12580.01 – 12750 base | 40.0000% | 2.38x | — |
| 78 | 12750.01 – 12920 base | 40.5000% | 2.35x | — |
| 79 | 12920.01 – 13090 base | 41.0000% | 2.32x | — |
| 80 | 13090.01 – 13260 base | 41.5000% | 2.29x | — |
| 81 | 13260.01 – 13430 base | 42.0000% | 2.27x | — |
| 82 | 13430.01 – 13600 base | 42.5000% | 2.24x | — |
| 83 | 13600.01 – 13770 base | 43.0000% | 2.22x | — |
| 84 | 13770.01 – 13940 base | 43.5000% | 2.19x | — |
| 85 | 13940.01 – 14110 base | 44.0000% | 2.17x | — |
| 86 | 14110.01 – 14280 base | 44.5000% | 2.15x | — |
| 87 | 14280.01 – 14450 base | 45.0000% | 2.12x | — |
| 88 | 14450.01 – 14620 base | 45.5000% | 2.10x | — |
| 89 | 14620.01 – 14790 base | 46.0000% | 2.08x | — |
| 90 | 14790.01 – 14960 base | 46.5000% | 2.06x | — |
| 91 | 14960.01 – 15130 base | 47.0000% | 2.04x | — |
| 92 | 15130.01 – 15300 base | 47.5000% | 2.02x | — |
| 93 | 15300.01 – 15470 base | 48.0000% | 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 |
|---|---|---|---|
| Bybit | SPYUSDT | 8h | 0.00% |
| Gate | SPY_USDT | 8h | 0.00% |
| Lighter | SPY | 8h | +3.50% |
| OKX this page | SPY-USDT-SWAP | 8h | +11.74% |
| Bitget | SPYUSDT | 8h | +19.71% |
| Aster | SPYUSDT | 8h | +21.73% |
Common questions
What is the OKX SPY funding rate?
The latest collected OKX SPY funding rate is +0.0107% over a 8h rate period, or +11.74% 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 SPY?
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 SPY?
The collected leverage cap for OKX SPY is 50x, with 93 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on OKX SPY?
The first tier requires 1.0000%, and there are 93 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 SPY funding cost for longs?
For a long position, Bybit currently has the lowest rate at 0.00% annualised; this page's OKX is at +11.74%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
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