OKX to List USDT-margined Perpetual for APT
Published on Oct 18, 20222 min read
This information may not apply to all customers
to check if the products, features, rules, and terms in this article apply to you.
Dear users,
We are pleased to announce that USDT-margined perpetual swaps for APT will be enabled at 01:20 am UTC on October. 19. The updates will cover both the web and app interfaces as well as API. The details are as follows:
APTUSDT Perpetual Swap:
|
Feature
|
Details
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|
Underlying
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APT/USDT Index
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Settlement asset
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USDT
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Face value
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1 APT
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|
Price quotation
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1 APT value calculated in USDT equivalent
|
|
Tick size
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0.0001
|
|
Leverage
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0.01-75 x
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|
Funding rate
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Clamp(MA(((best bid + best offer) / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0
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Trading hours
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24/7
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Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 16:00 pm UTC on October. 19 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 1.50% (the funding fee of this period will be charged at 8:00 am UTC on October. 20).
The price limit rules of APT USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details.
USDT-margined perpetual swap trading: OKX USDT Margined Perpetual Swap Trading User Agreement & Guide
OKX
October. 18, 2022 (UTC)