What is mark price and last price of margins and contracts? Mark price is a reference price applied to calculate unrealized profit and loss of users, as a tool to reduce unnecessary forced liquidation in an abnormal volatile market and improve the stability of contracts market. Last price refers to the latest traded price of the orderbook for a margin or contract. It is determined by the most recent trade filled for that margin or contract.

You may find more information about the token(s) here: apM Coin (APM) Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Thank you for your continued support and we assure you of our best services at all times.

spot, which only includes spot buy and sell Cost price = (Average cost price before last buy × Amount + Price of last buy × Amount) / Net buying amount PnL = (Last price – Cost price) × Net buying amount PnL Ratio = (Last price – Cost price) / Cost price

price-based limit price rules: Phase Highest price limit Lowest price limit First minute after listing Deal price of Call Auciton period * (1+H) No price limit 1 ~ N minutes after listing Close price of last minute * (1+H) No price limit After N minutes after listing No price limit No price limit Spot trading Buy orders: Orders placed above the highest price limit will trigger the price limit rules.

What is a spot index price? Spot Index price aims to measure the price of an underlying cryptocurrency. OKX’s USDT-margined contracts are denominated in USDT index price, USDC-margined contracts are denominated in USDC index price, while coin-margined contracts use the USD-equivalent spot index price of the underlying cryptocurrency.

The price limit rules of OP Coin-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details. Coin-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement OKX team May 13, 2024

The details are as follows: SOLUSD Futures: Feature Details Underlying SOL／USD Index Settlement Coin SOL Face Value USD10 Price Quotation 1 SOL value calculated in USD equivalent Tick Size 0.01 Leverage 0.01～75x Contract expirations Weekly、Bi-weekly、Quarterly、Bi-quarterly Trading Hours 7*24 Contract delivery time 08:00 (UTC), Friday of the expiring week AVAXUSD Futures: Feature Details Underlying AVAX／USD Index Settlement Coin AVAX Face Value USD10 Price Quotation 1 AVAX value calculated in USD equivalent

Perpetual Swap Introduction DOGEUSD Perpetual Swap: Feature Details Underlying DOGE/USD Index Settlement Coin DOGE Face Value USD10 Price Quotation 1 DOGE value calculated in USD equivalent Tick Size 0.000001 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.

Perpetual Swap Introduction UNIUSD Perpetual Swap: Feature Details Underlying UNI/USD Index Settlement Coin UNI Face Value USD10 Price Quotation 1 UNI value calculated in USD equivalent Tick Size 0.001 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)／spot index price - interest), -0.3%, 0.3%), interest = 0 Trading Hours 7*24 Settlement Time 08:00 every day (UTC) Note: When the new contract is launched, the premium is unstable.

If the order has not been fulfilled after a long period of time, the engine will cancel the unfulfilled order and re-post at a new price and amount based on the latest market depth, basis, bankruptcy price, and index price.

Following a sharp rise in its price beginning in early November 2024, the token experienced an initial sudden and substantial price decline of more than 80% across the market at approximately 2:28:32am (UTC+8) on April 14, 2025 ("Market Event"). We observed that substantial trading volume spikes and price decline initially happened across various centralised exchanges outside of OKX, before spreading to the overall market.

Future changes to the cost price resulting from spot trading will also be based on the edited cost price. For example: If your trading account holds 1 BTC with a cost price of 60,000, and you transfer another 1 BTC from your funding account, your trading account will now hold a total of 2 BTC. If you then edit the cost price to 61,000, the cost price of the 2 BTC in your trading account will be updated to 61,000.

A price difference loss refers to a loss caused by the difference between the mark price at 9:07:26am UTC (48.36 USDT) and the resulting liquidation prices during the period. For example: If 10 OKB was liquidated at a liquidation price of 40.0 USDT, OKX will compensate difference of (48.36 - 40.0) * 10 = 83.6 USDT. Compensation will also include the associated liquidation penalty and trading fees (as determined by OKX), and exclude any bankruptcy losses already covered by the insurance fund.

The bot will place the order at the limit price if the order price is higher than the predefined limit price. If the order amount is more than the predefined average amount, the bot will place the order based on the average amount* random ratio (0.5~1). The order will be suspended when the last price (20,500 USDT) is higher than the limit price and resumed when the last price is below 10,500 USDT again. The bot will stop when the total filled amount equals the total order amount.

The price limit rules of SUI, and TON Coin-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details. Coin-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement OKX team October 16, 2024