They have a fixed settlement date.The difference between Perpetual Futures and Expiry Futures Expiration date: The main difference between both Futures is that Perpetual Futures have no expiration date, logically, they can be held indefinitely as long as the position does not get liquidated. In contrast, Expiry Futures contract has a fixed expiration date.

A fixed term means your crypto deposit needs to be in that offer for a minimum number of days before you can redeem your earnings. Every fixed term will have an estimated number of days for the deposit. The actual date you can redeem your earnings may be different, and we'll send you an email when they're ready. If you end a fixed term early, you'll get your original deposit back, but you won't...

Max chase difference: If the distance between the initial order price and the current best bid or ask price reaches the max chase difference, the system will automatically cancel your order. Step 3: Tap to place the order and confirm again. Please note that after placing a chase order, modifications are not supported. Make sure to confirm your parameters before placing the order. Step 4: You can view your chase order on the Open Orders page, marked with a "Chase" label.

OKX Wallet is a non-custodial, decentralized, multi-chain wallet with a built-in DEX aggregator for cross-chain swaps, an all-in-one on-chain investment suite (DeFi), a heterogeneous multi-chain aggregated trading platform (supporting Crypto, Ordinals, and NFT), and DApp discovery features. With OKX Wallet, you can easily access over 1,000 DApp protocols, making it a true one-stop gateway to...

To increase the likelihood of a limit order being filled, it is recommended to set the limit buy price above the trigger price by a certain distance, and the limit sell price below the trigger price by a certain distance. For example: For the ETHUSDT perpetual futures, a long position with an average entry price of 3,204.6 sets a stop loss trigger price (Last Price) at 3,200.

To arbitrage the spread between two instruments, select Spreads Determine your strategy and select either Funding rates or SpreadsWhat's Spread arbitrage? Spread arbitrage involves trading the price difference between two markets, such as spot and futures, or between two futures contracts. Here’s a simplified example: You buy 1 BTC in the spot market at $50,000 and sell a futures contract at $50,100. No matter how the price moves at settlement, you profit from the price difference.

Select the ">" icon next to PnL to view Spot PnL and Futures PnL separately.Why would I want to switch between PnL value and percentage display? Switching between PnL value and percentage allows you to view your performance in different ways: Value: Shows the actual profit or loss in the currency you are trading.

Convert simplifies the crypto conversion process by eliminating the need for multiple trades or frequent asset transfers between accounts, providing you with a seamless experience. It also allows you to exchange crypto at a lower threshold than the spot market.2. What's the difference between convert and spot trading? Convert uses a quoting model, which differs from the traditional order-matching model used in spot trading, resulting in no transaction fees or slippage.

On-chain transfers cannot be reversed if sent to the wrong address or network.FAQs Are internal transfers between OKX Pay and Funding balance free? Yes. No fees apply to transfers between OKX Pay and your Funding balance. Which assets are supported? USDG, USDT, and USDC on X Layer. Why use X Layer for on-chain deposits? X Layer carries zero gas fees for these assets. Other networks (such as Ethereum or Tron) may charge gas fees. Need more help? Contact Support

Funding fees are exchanged directly between users holding positions: When the funding rate is positive, long position holders pay funding fees to short position holders. When the funding rate is negative, short position holders pay funding fees to long position holders. When the funding rate is 0.00%, no funding fee is settled between either party.What is perpetual futures funding fee?

The idea is to make money off the price difference between the two futures – which are also called the two legs of the strategy. The profit a trader makes from this trade comes from the price difference, or spread, between those two contracts. That’s why this strategy is called market neutral; the underlying asset’s price direction does not influence its profitability.

Assets are managed separately, and you may need to transfer assets between accounts if required.

For example, the owner of an institution’s parent company could be deemed the institution’s beneficial owner, depending on the organizational structure between the institution and its parent.Why does OKX need to know my institution’s ownership structure?

OKT will be converted to OKB based on the average closing prices of OKT and OKB on the platform's spot market between July 13, 2025, and August 12, 2025.How much OKB will be burned? A one-time burn of 65,256,712.097 OKB, including historically repurchased and reserved tokens, will be executed through a smart contract.

The Copy mode restriction feature allows you to limit the copy trading modes available to your followers, to promote alignment between their copy trading mode and your trading strategy. This can help minimize losses and prevent profit-sharing issues.How do Copy trading modes work? Smart Sync Copy mode: the system automatically places orders for copy traders based on the lead trader's leverage and investment amount for each position.