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What's mark price vs last price vs index price?
X-Perps trading uses multiple price references. Understanding the difference is important because different functions may rely on different prices.What's last price? The last price is the price of the most recent executed trade in the market. It's useful for: seeing recent trade activity charting and short-term market behaviourWhat's index price? The index price is a reference price derived from...Published on Apr 15, 2026Updated on Apr 20, 2026FAQMulti-currency margin mode vs. Portfolio margin mode
MMR = Sum of USD value of each risk unit derivatives MMR + Borrowing MMR Derivatives MMR = Max {[Max (Spot shock, Theta decay risk, Extreme move) + Basis risk + Vega risk + Interest rate risk + Stablecoin depegging risk], Adjusted minimum charge} mmr Initial margin requirement (IMR) 1.3 × MMR Risk factor (MR) Derivative margin calculates 7 risks (MR1-6 and MR9) by stress testing the portfolio under a specific set of market conditions of each risk unit, and then applying a minimum charge (MR7).Published on Apr 13, 2023Updated on Jul 9, 2025Product documentationOKX Wallet to Launch Cryptopedia Season 7
What Can You Gain from Participating in Cryptopedia Season 7? Polygon reward pool: $30,000 in MATIC Reward distribution: participate in and verify the interactive quests of Davos Protocol, QuickSwap, and Satori Finance, and maintain stake funds within the DApp until the drawing at 4am (UTC) on October 7th.Published on Sep 8, 2023Updated on Nov 17, 2025AnnouncementsFutures Trading Fee Waived for 7 Days
Dear valued customers, The fees for Futures trading will be waived for 7 days: from 00:00 Apr 1 to 23:59 Apr 7,2018 (Hong Kong Time). Please note that during this period, your futures trading volume will not be taken into consideration in determining your trading fee tier (please see here for fee schedule). Instead, we will take the data of the previous 7 days when calculating your 30-day trading volume. Thank you for your understanding. Regards, OKX 13:00 Apr 1, 2018Published on Apr 1, 2018Updated on Nov 17, 2025AnnouncementsHow do I create passkeys? (app)
If you want to create your passkey with your current device, select Continue and complete the biometric authentication/PIN code on your device Select Continue to create a passkey with your current device 7.Published on Aug 16, 2023Updated on May 17, 2026FAQ13,266[Update 7 Dec] New information regarding the delisting of some Simple Earn fixed products
OKX will delist some of the Simple Earn fixed products on December 8 , 2023, at 03:00 (UTC). The product details are as follows: Crypto Terms Tezos(XTZ), OKTC Token( OKT), Ontology( ONT), SKALE(SKL) and Stacks(STX) 3 days 15 days 30 days 60 days 90 days 120 days You will continue to receive daily rewards until the delisting date. Afterwards, your principal will either be re-invested into Simple...Published on Dec 7, 2023Updated on Nov 17, 2025AnnouncementsWhat's Nitro Spreads and how can I trade on OKX Nitro Spreads?
Orders that remain open after 7 days will be automatically cancelled.How can I cancel a single order on Nitro Spreads?Published on Sep 25, 2023Updated on Feb 12, 2026FAQ35Why do I have to trade on OKX Liquid Marketplace?
Customizable strategies: Carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Options/volatility strategies: collars, straddles, strangles, covered call, protective put, synthetic futures. Creation of synthetic currency pairs by going long one name and short another. For example, BTC/USDT vs AVAX/USDT booked atomically create a synthetic BTC/AVAX pair.Published on Mar 13, 2024Updated on Oct 30, 2025FAQ16What should I do if the T+N (T+1/T+3/T+7) security protection is triggered and I can't trade?
For orders under T+3 or T+7, you may also file an appeal via Assets > Locked Assets > P2P Order > Appeal. Note: T+1 restrictions cannot be appealed for early unfreezing.Published on Mar 17, 2023Updated on May 15, 2026FAQ2,966How do I link an authenticator app?
It's also available on other major app stores, including Huawei AppGallery, Xiaomi App Store, OPPO App Store, and vivo App Store. If Microsoft Authenticator isn't available in the app store on your device, try installing one of the app stores listed above first, then download it from there.How to link the authenticator app to your OKX account? Once the app is downloaded, you'll need to link it to your OKX account.Published on Aug 29, 2023Updated on Apr 16, 2026FAQ16,335How does futures spread trading work on OKX Liquid Marketplace?
Trade all sorts of spreads: carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Bespoke instruments: customize your own strategies with up to 20 legs.Published on Mar 13, 2024Updated on Sep 10, 2025FAQ6How do I start trading X-Perps on OKX?
It covers: Placing a trade from the chart Placing a trade from the order panel Choosing limit vs market Setting take-profit / stop-loss (TP/SL) Reviewing liquidation price Cancelling an order if you change your mindBefore you place an X-Perps order Please make sure: The product is available to your account and region Your suitability assessment is completed (required before accessing X-Perps) You have selected the correct X-Perps contract Your funds are in the correct account path (most setups requirePublished on Apr 9, 2026Updated on Apr 30, 2026FAQHow do I enable allowlist? (app)
For example, if you make a transaction at 7:00 am UTC July 4, 2024, the verification period will be extended to 7:00 am UTC August 3, 2024. Permanent: The allowlist is initially valid for 30 days. You can manually change it to permanent by clicking 30 days > Permanent. Withdrawals to a permanent no-verification address will skip verification every time.Published on Aug 14, 2023Updated on Apr 17, 2026FAQ1,932Building RFQs
This opens a menu for fields that take on specific values (expiry date or strike price), a text input for numerical values (quantity), or a button to flip values that can only take binary input (buy vs sell, put vs call, USDT vs Coin margined). The other is to either select on the value in the "product" column" or tab "add leg" below the final leg of your strategy.Published on Jun 30, 2022Updated on Apr 30, 2026FAQ30Get started with OKX Options
The transaction fees for Coin-margined option: Positive fee rate: Min (Fee rate, 7% × Option premium) × Multiplier × Contract size × Number of contracts Negative fee rate: Max (Fee rate, –7% × Option premium) × Multiplier × Contract size × Number of contracts The transaction fees for USDⓈ-margined option: Positive fee rate: Min (Fee rate, 7% × Option premium) × Multiplier × Contract size × Number of contracts × Index Price Negative fee rate: Max (Fee rate, –7% × Option premium) × Multiplier × ContractPublished on Oct 9, 2023Updated on May 10, 2026Product documentation