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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...Apr 15, 2026Published on Apr 15, 2026Sep 4, 2026Updated on Sep 4, 20261TradFi X-Perps vs Real Stocks FAQ
An X-Perp gives derivative price exposure with 24/7 trading, long and short positions, leverage, and USD settlement. X-Perps may suit users who want flexible trading access to price movements. They aren't a substitute for owning shares and carry derivative-specific risks including liquidation risk, funding fees, and margin requirements.Is there any risk specific to TradFi X-Perps that doesn't apply to owning shares directly? Yes, several.Jun 9, 2026Published on Jun 9, 2026Aug 13, 2026Updated on Aug 13, 2026Spot margin vs X-Perps: which one should I choose?
For how adjusted equity feeds into your margin calculation, see Multi-currency margin mode vs portfolio margin mode.What does borrowing on spot margin cost? This applies to spot margin trading. Interest on a spot margin borrow is calculated and settled hourly. Four things follow from that, and they're the ones people get wrong most often: Interest is added to your outstanding debt rather than taken from the assets you're holding.Sep 3, 2026Published on Sep 3, 2026Sep 3, 2026Updated on Sep 3, 2026How do I enable allowlist? (app)
For example, if you make a transaction at 7:00 am UTC July 4, 2024, the verification period will be extended to 7:00 am UTC August 3, 2024. Permanent: The allowlist is initially valid for 30 days. You can manually change it to permanent by clicking 30 days > Permanent. Withdrawals to a permanent no-verification address will skip verification every time.Jul 31, 2026Published on Jul 31, 2026Sep 30, 2026Updated on Sep 30, 20267How 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: Your appropriateness 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 require a transfer from Funding to Trading) Your marginApr 9, 2026Published on Apr 9, 2026Oct 15, 2026Updated on Oct 15, 20261Why 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.Apr 9, 2026Published on Apr 9, 2026Aug 5, 2026Updated on Aug 5, 2026X Layer FAQ
Which address should I use now, XKO vs. 0x? Product support status Guidance Products that support XKO-prefix addresses • XKO-prefix addresses and 0x EVM addresses are supported simultaneously. • Users are recommended to prioritize using XKO-prefix addresses for a better product experience.Jan 29, 2026Published on Jan 29, 2026Aug 13, 2026Updated on Aug 13, 202617What's a private key/seed phrase?
A seed phrase can derive all private keys — but no private key can reverse back to the seed phrase.Seed phrase vs private key Seed phrase Private key Format 12, 18, or 24 English words in a specific order A 64-character hexadecimal string Controls The entire wallet: all chains, all addresses A single address on the corresponding chain Restores All accounts in the wallet Only the assets on the address linked to that private key Use case Switching devices, restoring the entire wallet Importing a specificAug 24, 2023Published on Aug 24, 2023Aug 4, 2026Updated on Aug 4, 20263,182X-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.Apr 9, 2026Published on Apr 9, 2026Sep 1, 2026Updated on Sep 1, 20261X Drops Club Terms and Conditions
., standard users vs. VIP users). Any crypto assets held by a user in excess of the applicable hard cap will not be counted toward the reward calculation. Please refer to the individual campaign page for the applicable hard cap. Distribution: Rewards will be automatically credited to the user’s funding account on a daily basis following reward calculations and the completion of OKX's risk control review.4.Apr 27, 2026Published on Apr 27, 2026Aug 5, 2026Updated on Aug 5, 2026What'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.Jan 15, 2026Published on Jan 15, 2026Aug 25, 2026Updated on Aug 25, 2026173How 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 — an open position, an unfilled limit order, a running trading bot, or an outstanding margin loan all reduce your available balance.Apr 9, 2026Published on Apr 9, 2026Sep 3, 2026Updated on Sep 3, 20262How 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 availableApr 9, 2026Published on Apr 9, 2026Sep 2, 2026Updated on Sep 2, 20265Tokenized assets in Europe: what Tokenized Stocks are and how do I use it?
For detailed instructions on individual order fields and trading flows, see the Unified Tokenized Stocks guide.How pricing, liquidity and order books work for Tokenized Stocks 24/7 trading doesn't mean the underlying stock itself trades 24/7. During regular U.S. market hours, active trading in the underlying stock provides a current exchange-traded price. When that market closes, Unified Tokenized Stocks can continue trading on our platform.Sep 8, 2026Published on Sep 8, 2026Sep 24, 2026Updated on Sep 24, 2026What is the 30-day verified address feature?
For example, if you make a withdrawal on July 4, 2024 at 7:00 am UTC, the verification will remain active until August 3, 2024 at 7:00 am UTC.What happened to my existing verified addresses? Starting July 4, 2024 at 7:00 am UTC, all previously verified addresses in your withdrawal address book were placed on a 30-day expiry period. If you want to permanently verify any of these addresses, you can: Wait for the 30-day verification to expire, then re-verify the address as permanently verified.Jul 4, 2024Published on Jul 4, 2024Sep 9, 2026Updated on Sep 9, 20263