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How do I calculate borrowing interest?
When engaging in margin trading under a unified trading account, if a liability is incurred, interest will accrue, and there is no interest-free quota. However, in unified trading account futures trading, unrealized profits and losses generated in a multi-currency mode have an interest-free quota. Liabilities within this limit do not incur interest. If the liability exceeds the interest-free quota, interest will be charged on the amount that exceeds it.Published on Mar 20, 2023Updated on May 14, 202669How do I repay the loan and interest?
After borrowing assets, you need to repay the borrowed assets along with interest.Futures mode: Repay the loan and interest When performing margin trading in futures mode, if you borrow assets, whether in cross margin or isolated margin, you can automatically repay the borrowed assets and interest upon closing.Multi-currency mode: Repay the loan and interest In the multi-currency mode, if you borrow coins and incur a liability, you can view the liability under the Assets section after closing thePublished on Mar 20, 2023Updated on May 15, 202645How do I use the Open interest indicator?
What's Open interest (OI) indicator? The Open Interest (OI) indicator provides a visual representation of the total value of open long and short positions for a specific futures trading pair, enabling traders to analyze market activity and sentiment. Open interest indicator serves as a gauge of market activity. When open interest is minimal or absent, it indicates either the absence of initial positions or the closure of most positions.Published on May 15, 2024Updated on Sep 10, 202521What is Simple Earn Fixed and how do I subscribe?
With Simple Earn Fixed, you can earn interest for a fixed term at a fixed rate. You earn daily interest based on the lending annual percentage rate (APR). The interest will be accrued daily and all interest will be credited to your funding account when the borrower repays. App Tab Explore > Simple Earn > Fixed Note: Fixed Term, Fixed rate : Lend out your idle funds at a fixed rate for a fixed term.Published on Mar 20, 2023Updated on Jan 30, 202633How do I subscribe to Simple Earn Fixed?
The interest paid by borrowers is passed on to you, the lender. When you lend your idle funds for a fixed period, the platform allocates them to meet borrowing demands according to the annualized lending rate displayed in the product. Interest starts to accrue once the matching borrowing order is funded, and you'll start earning interest daily.Published on Aug 10, 2023Updated on Feb 10, 202692What is VIP Loan?
And the borrowed amount along with the total interest will be both recorded as liability.5. Interest5.1 How's interest charged? Interest for a single VIP Loan term (90 days) is as follows = Borrowing amount × Interest rate × 90 / 365 Interest begins to accrue once your loan amount is ready to be drawdown. It will be calculated as liability in your risk unit from the time that it is drawn down. It must be repaid along with the principal on the maturity date.Published on Dec 16, 2025Updated on Apr 9, 20261How do I use spot margin trading? (App)
Interest is calculated and settled hourly, starting from 00:00 (UTC). The platform calculates interest based on your interest-bearing liabilities at the top of each hour.How does the hourly calculation work? For example: If you borrow assets at 22:55, interest isn’t charged immediately. At 23:00, the system checks your outstanding liabilities and calculates interest accordingly.Published on Mar 20, 2023Updated on May 19, 2026221Default subscribe rules
Interest calculation and distribution For you whose lending offers are successfully matched on the hour T, the hourly interest for the corresponding loan amount from T to T+1 will be distributed on the hour T+1.3.Published on Sep 5, 2023Updated on Feb 11, 2026182What's Flywheel trading bot and how do I use it?
The strategy automates arbitrage loops by continuously reinvesting capital and interest into dual-currency financial products. This approach creates opportunities that traders can earn from both price movements and interest income. Below is a breakdown of how the process works: Buy-low phase: The bot invests in dual-currency products at a pre-set buy price. If the purchase isn’t executed, funds are reinvested at the same target price while accumulating interest.Published on Apr 14, 2025Updated on Apr 23, 20268USDⓈ contract FAQ
Will the USDⓈ futures generate negative equity interest in USD? USD negative equity within the interest-free limit will not accrue interest. The portion exceeding the interest-free limit will be converted into a USDC liability and start accruing interest.17. What prompts are available on the front-end page? The asset card will indicate negative equity situations.Published on Oct 17, 2025Updated on Apr 27, 20265Introduction to OKX Simple Earn Flexible and Its Rules
A lending order is eligible if the minimum APR is the same or lower than the interest rate paid by borrowers, which may vary from time to time. Users shall be rewarded with returns for making available eligible orders.Published on Mar 1, 2023Updated on May 15, 2026936Simple Earn Flexible APR boost voucher FAQ
When will I receive the boosted interest from the Simple Earn Flexible APR boost voucher? The extra interest will be credited together with your base earnings. Please refer to the product page or check your funding account for details.4. Will using an APR boost voucher affect my ability to redeem my principal? Boost vouchers only affect your interest earnings. Your principal can be redeemed as usual.Published on Jul 30, 2025Updated on Dec 30, 202555Simple Earn Flexible FAQ
Example: If your min lending APR is 5% and the borrowing interest rate is also 5%, your funds will be eligible for lending. With a borrowing pool of 1,000 USDT, the annual interest is 50 USDT. However, if the eligible lending pool is 1,250 USDT, the 50 USDT interest spread over that amount will result in a final lending APR of 4%.11. How do I check my Earn lending status? Follow the steps below to check the lending status of your Earn order.Published on Aug 4, 2025Updated on May 6, 202625USD-margined futures FAQ
We’ll automatically handle the conversion between different settlement currencies within the OKX system, so you don’t need to make any manual adjustments.What’s the “interest-free” quota? What happens if I exceed the “interest-free”quota? Each sub-account has an interest-free quota equivalent to 20,000 USD.Published on Oct 13, 2025Updated on Mar 4, 202625USD-margined futures contracts FAQ
We'll handle the conversions between different settlement currencies automatically, so you don’t need to make any manual adjustments.What’s the “interest-free” quota? What happens if I exceed the “interest-free”quota? Each sub-account has an interest-free quota equivalent to 20,000 USD.Published on Oct 13, 2025Updated on Feb 12, 20266