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OKEx to List Coin-margined Perpetual Swap for 1INCH/BTT/GRT/KSM

OKX

Related type: Others

2021-04-09 10:45

Dear users, We are pleased to announce that Coin-margined Perpetual Swap for 1INCH/BTT/GRT/KSM will be listed at 9:00 am UTC on Apr. 9. The updates will cover both the web and app interfaces as well as API. The details are as follows: 1INCHUSD Perpetual Swap: Feature Details Underlying 1INCH/USD Index Settlement Coin 1INCH Face Value USD10 Price Quotation 1 1INCH value calculated in USD equivalent Tick Size 0.0001 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0 Trading Hours 24/7 BTTUSD Perpetual Swap: Feature Details Underlying BTT/USD Index Settlement Coin BTT Face Value USD10 Price Quotation 1 BTT value calculated in USD equivalent Tick Size 0.0000001 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0 Trading Hours 24/7 GRTUSD Perpetual Swap: Feature Details Underlying GRT/USD Index Settlement Coin GRT Face Value USD10 Price Quotation 1 GRT value calculated in USD equivalent Tick Size 0.0001 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0 Trading Hours 24/7 KSMUSD Perpetual Swap: Feature Details Underlying KSM/USD Index Settlement Coin KSM Face Value USD10 Price Quotation 1 KSM value calculated in USD equivalent Tick Size 0.01 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), 3%, 3%), interest = 0 Trading Hours 24/7 Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 4:00 pm UTC on Apr. 9 is 0.03%. After 4:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 3% (the funding fee of this period will be charged at 8:00 am UTC on Apr. 10). The price limit rules of 1INCH/BTT/GRT/KSM Coin-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details. Coin-margined perpetual swap trading: OKEx-Coin-Margined-Perpetual-Swap-Trading-User-Agreement-Guide Regards, OKEx Apr. 9, 2021 (UTC)    Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>