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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 15, 2026FAQMulti-currency margin mode vs. Portfolio margin mode
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 PerpsPublished on Apr 13, 2023Updated on Jul 9, 2025Product documentationHow 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 15, 2026FAQWhy was my X-Perps order rejected?
Verify your available margin and account type (Funding vs Trading). Review order size, price, and trigger parameters. Check whether any risk-control or regional restrictions apply. Adjust the order and try again, if appropriate. If the issue continues, contact OK Assistant and share the details (product / contract, timestamp, order type, and a screenshot or error message if available) with our Customer support. To learn more about OKX products, visit here.Published on Apr 9, 2026Updated on Apr 15, 2026FAQHow do I withdraw and transfer funds between my Funding and Trading accounts for X-Perps?
Before placing an order, review: which account currently holds your funds (Funding vs Trading) whether your balance is marked as available for trading whether any funds are tied to open orders or positions whether a transfer between accounts is required and has been completedHow do I withdraw funds from my X-Perps account? Withdrawals on OKX are handled through the Withdraw flow and are typically initiated from the Funding account.On the app Go to Assets / Portfolio Select Withdraw.Published on Apr 9, 2026Updated on Apr 15, 2026FAQOption Margin
Margin) Buy to Close positions (Short)2 Max (Order Price - Position IMR, 0) MMR MMR (Long) N/A1 MMR (Short Call) c * Margin Factor + Mark Price MMR (Short Put) max(c, c*Mark Price) * Margin Factor4 + Mark Price Index BTCUSD ETHUSD a 0.1 0.1 b 0.15 0.15 Min Open Order Margin 0.1 0.1 c 0.03 0.05 Margin Factor /trade-market/position/option Note: *Long options do not require IMR/MMR due to the fact customers pay the full premium for the position **The difference between an existing short option position vsPublished on Jun 20, 2022Updated on Jun 20, 2025Product documentationHow does leverage work in X-Perps trading?
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 availablePublished on Apr 9, 2026Updated on Apr 15, 2026FAQX-Perps fees overview: trading fees, funding, and other costs
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.Published on Apr 9, 2026Updated on Apr 15, 2026FAQTrading Mechanism
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.Published on Apr 8, 2026Updated on Apr 9, 2026Product documentationHow do I enable allowlist? (app)
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.Published on Aug 14, 2023Updated on Mar 31, 2026FAQ1,908Get started with OKX Options
Please be mindful of the account risk as liquidation could be very costly too. 5.1 Isolated vs Cross In any single-currency/multi-currency/PM account, you can choose to place orders as an isolated or cross position. Isolated means this position is separated from other positions. In Single/Multi-currency, long option positions could only be placed as isolated positions as it is free of liquidation.Published on Oct 9, 2023Updated on Feb 20, 2026Product documentationWhat's OKX Security Assistant?
Below are the best practices when it comes to handling risky situations: What the OKX Security Assistant displays when there's a riskSingle-item uninstall vs. one-click uninstall Single-item uninstall: suitable when there are only a few risk items and you want to confirm their sources one by one.Published on Jan 15, 2026Updated on Feb 13, 2026FAQ19Trading Signal Bot Alert Message 2.0 Specifications
An Express Overview of Pine Script™: "Strategy" vs "Indicator" Pine Script™ strategies serve the purpose of conducting backtesting on historical data as well as forward testing in live markets. Alongside performing indicator calculations, strategies include calls to strategy.*() functions that transmit trade orders to Pine Script™'s broker emulator. This emulator can then simulate the execution of these orders.Published on Aug 30, 2023Updated on Apr 1, 2025Product documentationHow to set up an OKX Signal Trading bot with TradingView
"Custom": Designed to cater to a wider range of users, including those using TradingView indicators, alerts via charting, as well as providers utilizing third-party programs.An Express Overview of Pine Script™: "Strategy" vs "Indicator" TradingView strategy Pine Script™ strategies serve the purpose of conducting backtesting on historical data as well as forward testing in live markets.Published on Aug 30, 2023Updated on Dec 3, 2025Product documentation
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