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...

Additionally, the delta position from spot assets can be included in the corresponding risk units For example, BTC spot assets in an account can be included in a BTC-USD or BTC-USDT risk unit for delta risk offsetting.Example of multi-currency margin mode vs. portfolio margin mode Note: Values are simulated using the position builder on 6th Feb 2025 Large delta neutral positions (favorable when in portfolio margin mode) Assets 10 BTC Positions BTCUSD-14Feb25 Futures: -35,000 contracts BTCUSDT Perps

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.

Currently, we support: Spot vs Perpetual, Spot vs Futures, Perpetual vs Futures, and Futures vs Futures. Futures for now include Bi-Quarterly Futures and Quarterly Futures.3. How do I interpret the bid and ask prices on the spread tiles? The prices on the tiles indicate the spread between the filled prices of the two instruments after the trade is filled. The spread will be equal to the filled price of the further dated instrument minus the nearer dated instrument.

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.

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 require

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.

A seed phrase can derive all private keys — but no private key can reverse back to the seed phrase.Seed phrase vs private key Seed phrase Private key Format 12, 18, or 24 English words in a specific order A 64-character hexadecimal string Controls The entire wallet: all chains, all addresses A single address on the corresponding chain Restores All accounts in the wallet Only the assets on the address linked to that private key Use case Switching devices, restoring the entire wallet Importing a specific

Before using leverage, you should still consider: Position size Margin mode (portfolio margin, selected vs isolated) Stop-loss or exit plan Available margin buffer Volatility conditions Funding rate impacts on the position over time A smaller, more controlled position is often easier to manage than a larger position with aggressive leverage.Practical reminders before using leverage in X-Perps Before placing a leveraged X-Perps order, review the following: Selected leverage level (up to 10x available

If your result looks different than expected, check below in your app: executed entry and exit details fees charged on executions funding payments (if applicable) time held vs relevant funding settlement times partial fills or partial closesImportant note Fee schedules, funding rates, and applicable product mechanics can change over time and may vary by product, account status, region, and platform configuration. To learn more about OKX products, visit here.

Mark Price max(c * index price, c * Mark Price) * Margin Factor⁴ + Mark Price Index Coin-Margined BTCUSD Coin-Margined ETHUSD USDⓈ-margined BTCUSD USDⓈ-margined ETHUSD a 0.1 0.1 0.1 0.1 b 0.15 0.15 0.15 0.15 Min Open Order Margin 0.1 0.1 0.1 0.1 c 0.03 0.05 0.03 0.05 Margin Factor https://www.okx.com/trade-market/position/option Note: ¹ Long options do not require IMR/MMR due to the fact customers pay the full premium for the position. ² The difference between an existing short option position vs

Which address should I use now, XKO vs. 0x? Product support status Guidance Products that support XKO-prefix addresses • XKO-prefix addresses and 0x EVM addresses are supported simultaneously. • Users are recommended to prioritize using XKO-prefix addresses for a better product experience.

Whitelist vs. No-Verification Address: These settings are independent and do not affect each other. New Address Withdrawal Lock: If New Address Lock is enabled, newly added whitelist addresses cannot be used for withdrawals for 24 hours, adding extra security.

For partially filled orders, only the unfilled remainder can be cancelled; the filled portion cannot be reversed.Buy/Sell Mode vs. Open/Close Mode Event Contracts support both Open/Close Mode and Buy/Sell Mode. Open/Close Mode: Within the same event contract market, users can simultaneously hold both Up and Down positions. For example, holding 5 Up and 6 Down contracts at the same time. Full margin is required for all held contracts: margin for 5 Up contracts + margin for 6 Down contracts.

These structural differences may lead to different return characteristics and risk exposures under various market conditions.PnL structure comparison: Crypto-margined futures vs USDT-margined futures Crypto-margined perpetual futures and USDT-margined perpetual futures differ in settlement currency. This difference affects how profit and loss (PnL) is calculated and how returns behave under different market conditions.1.