OKEx to List Coin-margined Perpetual for SOL/AVAX/MANA/SAND
BRAZILIEX
Jenis terkait: Others
2021-11-25 14:45
We are pleased to announce that Coin-margined Perpetual for SOL/AVAX/MANA/SAND will be listed at 7:00 am UTC on November. 25.
The updates will cover both the web and app interfaces as well as API. The details are as follows:
SOLUSD Perpetual Swap:
Feature
Details
Underlying
SOL/USD Index
Settlement asset
1SOL
Face value
USD10
Price quotation
1SOL value calculated in USD equivalent
Tick size
0.001
Leverage
0.01-75 x
Funding rate
Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), -0.75%, 0.75%), interest = 0
Trading hours
24/7
AVAXUSD Perpetual Swap:
Feature
Details
Underlying
AVAX/USD Index
Settlement asset
1AVAX
Face value
USD10
Price quotation
1AVAX value calculated in USD equivalent
Tick size
0.001
Leverage
0.01-75 x
Funding rate
Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), -0.75%, 0.75%), interest = 0
Trading hours
24/7
MANAUSD Perpetual Swap:
Feature
Details
Underlying
MANA/USD Index
Settlement asset
1MANA
Face value
USD10
Price quotation
1MANA value calculated in USD equivalent
Tick size
0.0001
Leverage
0.01-75 x
Funding rate
Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), -0.75%, 0.75%), interest = 0
Trading hours
24/7
SANDUSD Perpetual Swap:
Feature
Details
Underlying
SAND/USD Index
Settlement asset
1SAND
Face value
USD10
Price quotation
1SAND value calculated in USD equivalent
Tick size
0.0001
Leverage
0.01-75 x
Funding rate
Clamp(MA(((best bid + best offer) / 2 - spot index price)/spot index price - interest), -0.75%, 0.75%), 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 16:00 pm UTC on November. 25 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 0.75% (the funding fee of this period will be charged at 8:00 am UTC on November. 26).
The price limit rules of SOL/AVAX/MANA/SAND 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
November. 25, 2021 (UTC)
Click Here to Download OKEx App >>>
Click Here for OKEx Twitter >>>
Click Here to Join OKEx Official Community >>>