OKX WAL perpetual
WAL-USDT-SWAP
As of 2026-10-15 05:11 UTC, WAL-USDT-SWAP on OKX has a collected rate of -0.3382% over 4h, or -740.65% simple annualised; its collected settlement interval is 4h, with up to 10x leverage. Bitget has a lower rate for longs at -903.16%.
Settled rates over the past 30 days
Settled funding for WAL-USDT-SWAP
The latest 30-day window contains 179 settlements covering 716 known-period hours, with a cumulative rate of -3.2558%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-10-15 00:00 | -0.2574% | 4h |
| 2026-10-14 20:00 | -0.4019% | 4h |
| 2026-10-14 16:00 | -0.3980% | 4h |
| 2026-10-14 12:00 | -0.9026% | 4h |
| 2026-10-14 08:00 | -0.6894% | 4h |
| 2026-10-14 04:00 | -0.1936% | 4h |
| 2026-10-14 00:00 | -0.0109% | 4h |
| 2026-10-13 20:00 | -0.0115% | 4h |
| 2026-10-13 16:00 | -0.0045% | 4h |
| 2026-10-13 12:00 | +0.0008% | 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.
What does this rate mean for a 10,000 USDT position?
For WAL-USDT-SWAP, 10,000 USDT of notional × -0.338194% gives 33.8194 USDT over the quoted 4h rate period: longs receive and shorts pay. 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 WAL-USDT-SWAP?
This table selects tiers by base-asset quantity in WAL, not by the amount of margin deposited. The first tier starts at 0 and ends at 42000 WAL. Above that, tier 2 requires 5.5000% maintenance margin.
Contract units and calculator input
One WAL-USDT-SWAP contract represents 10 WAL. 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 – 42000 base | 5.0000% | 10.00x | — |
| 2 | 42010 – 84000 base | 5.5000% | 9.52x | — |
| 3 | 84010 – 126000 base | 6.0000% | 9.09x | — |
| 4 | 126010 – 168000 base | 6.5000% | 8.69x | — |
| 5 | 168010 – 210000 base | 7.0000% | 8.33x | — |
| 6 | 210010 – 252000 base | 7.5000% | 8.00x | — |
| 7 | 252010 – 294000 base | 8.0000% | 7.69x | — |
| 8 | 294010 – 336000 base | 8.5000% | 7.40x | — |
| 9 | 336010 – 378000 base | 9.0000% | 7.14x | — |
| 10 | 378010 – 420000 base | 9.5000% | 6.89x | — |
| 11 | 420010 – 462000 base | 10.0000% | 6.66x | — |
| 12 | 462010 – 504000 base | 10.5000% | 6.45x | — |
| 13 | 504010 – 546000 base | 11.0000% | 6.25x | — |
| 14 | 546010 – 588000 base | 11.5000% | 6.06x | — |
| 15 | 588010 – 630000 base | 12.0000% | 5.88x | — |
| 16 | 630010 – 672000 base | 12.5000% | 5.71x | — |
| 17 | 672010 – 714000 base | 13.0000% | 5.55x | — |
| 18 | 714010 – 756000 base | 13.5000% | 5.40x | — |
| 19 | 756010 – 798000 base | 14.0000% | 5.26x | — |
| 20 | 798010 – 840000 base | 14.5000% | 5.12x | — |
| 21 | 840010 – 882000 base | 15.0000% | 5.00x | — |
| 22 | 882010 – 924000 base | 15.5000% | 4.87x | — |
| 23 | 924010 – 966000 base | 16.0000% | 4.76x | — |
| 24 | 966010 – 1008000 base | 16.5000% | 4.65x | — |
| 25 | 1008010 – 1050000 base | 17.0000% | 4.54x | — |
| 26 | 1050010 – 1092000 base | 17.5000% | 4.44x | — |
| 27 | 1092010 – 1134000 base | 18.0000% | 4.34x | — |
| 28 | 1134010 – 1176000 base | 18.5000% | 4.25x | — |
| 29 | 1176010 – 1218000 base | 19.0000% | 4.16x | — |
| 30 | 1218010 – 1260000 base | 19.5000% | 4.08x | — |
| 31 | 1260010 – 1302000 base | 20.0000% | 4.00x | — |
| 32 | 1302010 – 1344000 base | 20.5000% | 3.92x | — |
| 33 | 1344010 – 1386000 base | 21.0000% | 3.84x | — |
| 34 | 1386010 – 1428000 base | 21.5000% | 3.77x | — |
| 35 | 1428010 – 1470000 base | 22.0000% | 3.70x | — |
| 36 | 1470010 – 1512000 base | 22.5000% | 3.63x | — |
| 37 | 1512010 – 1554000 base | 23.0000% | 3.57x | — |
| 38 | 1554010 – 1596000 base | 23.5000% | 3.50x | — |
| 39 | 1596010 – 1638000 base | 24.0000% | 3.44x | — |
| 40 | 1638010 – 1680000 base | 24.5000% | 3.38x | — |
| 41 | 1680010 – 1722000 base | 25.0000% | 3.33x | — |
| 42 | 1722010 – 1764000 base | 25.5000% | 3.27x | — |
| 43 | 1764010 – 1806000 base | 26.0000% | 3.22x | — |
| 44 | 1806010 – 1848000 base | 26.5000% | 3.17x | — |
| 45 | 1848010 – 1890000 base | 27.0000% | 3.12x | — |
| 46 | 1890010 – 1932000 base | 27.5000% | 3.07x | — |
| 47 | 1932010 – 1974000 base | 28.0000% | 3.03x | — |
| 48 | 1974010 – 2016000 base | 28.5000% | 2.98x | — |
| 49 | 2016010 – 2058000 base | 29.0000% | 2.94x | — |
| 50 | 2058010 – 2100000 base | 29.5000% | 2.89x | — |
| 51 | 2100010 – 2142000 base | 30.0000% | 2.85x | — |
| 52 | 2142010 – 2184000 base | 30.5000% | 2.81x | — |
| 53 | 2184010 – 2226000 base | 31.0000% | 2.77x | — |
| 54 | 2226010 – 2268000 base | 31.5000% | 2.73x | — |
| 55 | 2268010 – 2310000 base | 32.0000% | 2.70x | — |
| 56 | 2310010 – 2352000 base | 32.5000% | 2.66x | — |
| 57 | 2352010 – 2394000 base | 33.0000% | 2.63x | — |
| 58 | 2394010 – 2436000 base | 33.5000% | 2.59x | — |
| 59 | 2436010 – 2478000 base | 34.0000% | 2.56x | — |
| 60 | 2478010 – 2520000 base | 34.5000% | 2.53x | — |
| 61 | 2520010 – 2562000 base | 35.0000% | 2.50x | — |
| 62 | 2562010 – 2604000 base | 35.5000% | 2.46x | — |
| 63 | 2604010 – 2646000 base | 36.0000% | 2.43x | — |
| 64 | 2646010 – 2688000 base | 36.5000% | 2.40x | — |
| 65 | 2688010 – 2730000 base | 37.0000% | 2.38x | — |
| 66 | 2730010 – 2772000 base | 37.5000% | 2.35x | — |
| 67 | 2772010 – 2814000 base | 38.0000% | 2.32x | — |
| 68 | 2814010 – 2856000 base | 38.5000% | 2.29x | — |
| 69 | 2856010 – 2898000 base | 39.0000% | 2.27x | — |
| 70 | 2898010 – 2940000 base | 39.5000% | 2.24x | — |
| 71 | 2940010 – 2982000 base | 40.0000% | 2.22x | — |
| 72 | 2982010 – 3024000 base | 40.5000% | 2.19x | — |
| 73 | 3024010 – 3066000 base | 41.0000% | 2.17x | — |
| 74 | 3066010 – 3108000 base | 41.5000% | 2.15x | — |
| 75 | 3108010 – 3150000 base | 42.0000% | 2.12x | — |
| 76 | 3150010 – 3192000 base | 42.5000% | 2.10x | — |
| 77 | 3192010 – 3234000 base | 43.0000% | 2.08x | — |
| 78 | 3234010 – 3276000 base | 43.5000% | 2.06x | — |
| 79 | 3276010 – 3318000 base | 44.0000% | 2.04x | — |
| 80 | 3318010 – 3360000 base | 44.5000% | 2.02x | — |
| 81 | 3360010 – 3402000 base | 45.0000% | 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.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Bitget | WALUSDT | 4h | -903.16% |
| Bybit | WALUSDT | 4h | -804.92% |
| Gate | WAL_USDT | 4h | -793.88% |
| OKX this page | WAL-USDT-SWAP | 4h | -740.65% |
| Binance | WALUSDT | 4h | -734.33% |
Common questions
What is the OKX WAL funding rate?
The latest collected OKX WAL funding rate is -0.3382% per 4h rate period, or -740.65% simple annualised. At this rate shorts pay longs.
How often is funding charged on OKX WAL?
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 WAL?
The collected leverage cap for OKX WAL is 10x, with 81 margin tiers shown. The first margin tier, up to 42000 WAL, allows 10x; the second allows 10x.
What is the maintenance margin rate on OKX WAL?
The first tier requires 5.0000%, 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.
Which venue has the lowest WAL funding cost for longs?
For a long position, Bitget currently has the lowest rate at -903.16% annualised; this page's OKX is at -740.65%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has OKX WAL funding paid over the past 30 days?
Settlements over the past 30 days annualise to -39.83% across 179 settlements, 15% 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.