Market Cap: $2.9748T 0.230%
Volume(24h): $205.4477B -15.600%
Fear & Greed Index:

83 - Extreme Greed

Market Cap: $2.9748T 3.08%
Volume(24h): $205.4477B 3.08%
  • Market Cap: $2.9748T 0.230%
  • Volume(24h): $205.4477B -15.600%
  • Fear & Greed Index:
  • Market Cap: $2.9748T 0.230%

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How to view OKX contract rates

Viewing OKX contract rates involves understanding the Mark Price, Index Price, Premium Index, Funding Rate, and 24H High and Low to make effective trading decisions based on market conditions and asset value.

Nov 11, 2024 at 03:30 pm

How to View OKX Contract Rates: A Comprehensive Guide

Understanding contract rates on OKX is crucial for effective trading decisions. This comprehensive guide provides a step-by-step walkthrough of viewing contract rates on OKX.

Step 1: Log into Your OKX Account

  • Open a web browser and navigate to OKX.com.
  • Enter your login credentials and click "Log In."

Step 2: Access the Contract Market

  • Hover over "Derivatives" in the top navigation bar.
  • Select "Contracts."

Step 3: Choose Your Desired Contract

  • The Contract Market displays a list of available contracts.
  • Select the contract you want to view rates for by clicking on it.

Step 4: View Contract Rates

  • The contract details page opens.
  • Look for the "Contract Rates" section in the right sidebar.

Step 5: Analyze Contract Rates

  • The Contract Rates section displays the following information:

    • Mark Price: The current market price of the contract.
    • Index Price: The price of the underlying asset used to value the contract.
    • Premium Index: The difference between the Mark Price and Index Price.
    • Funding Rate: The periodic fee paid or received by traders based on the funding mechanism.
    • 24H High and Low: The highest and lowest prices of the contract within the last 24 hours.

Understanding Contract Rates

Mark Price:

  • The Mark Price is the reference price used for settlement in case of a contract termination.
  • It aims to prevent drastic price deviations from the underlying asset's value.

Index Price:

  • The Index Price is the average price of the underlying asset from various exchanges.
  • It provides a reliable benchmark for contract valuation.

Premium Index:

  • The Premium Index indicates the difference between the current market price and the underlying asset's price.
  • A positive Premium Index suggests the contract is trading at a premium (above the Index Price), while a negative Premium Index indicates a discount (below the Index Price).

Funding Rate:

  • The Funding Rate is a periodic fee or payment that traders exchange to align the contract market with the spot market.
  • Positive rates indicate a demand for long positions, while negative rates indicate a demand for short positions.

24H High and Low:

  • The 24H High and Low values provide insights into the recent price fluctuations of the contract.
  • Traders can use this information to identify potential trading opportunities and manage risk.

By following these steps and understanding the implications of contract rates, you can effectively view and interpret OKX contract rates for informed trading decisions.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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