OKEx Launched Perpetual Swap

Let’s revisit the exciting product launch in OKEx NEXTGEN Conference

OKEx
OKEx
Dec 3, 2018 · 5 min read
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Lennix Lai, OKEx’s Financial Market Director, introduces Perpetual Swap in OKEx NEXTGEN Conference

Funding = position value * funding rate

Funding rate = Clamp (MA(((best bid price + best ask price) / 2-spot index price) / spot index price-interest), -0.25%, 0.25%)

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Perpetual Swap completes the derivative product suite of OKEx

Fixed-margin: margin ratio = (fixed margin + UPL) / position value

Cross-margin: margin ratio = (balance + RPL + UPL) / position value

Position value = face value * number of swaps / latest mark price

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“This marks a key milestone for OKEx. The launch of perpetual swap demonstrates our continuous commitment to building a complete financial ecosystem for blockchain and crypto. With the new offering, investors and traders can select the products which best fit their trading and hedging strategies. However, we would like to remind our users that due to its high-leverage nature, implementing risk control strategies are equally crucial in trading,” said Lennix Lai, OKEx’s Financial Market Director.

Replay of OKEx NEXTGEN Conference
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OKEx Blog

World’s Largest Spot & Futures Cryptocurrency Exchange

OKEx

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OKEx

Buy & sell Bitcoin, Ethereum, and more at the world’s largest spot & futures cryptocurrency exchange. Website: https://www.okex.com/?channelFlag=ACEAP6501380

OKEx Blog

OKEx Blog

World’s Largest Spot & Futures Cryptocurrency exchange

OKEx

Written by

OKEx

Buy & sell Bitcoin, Ethereum, and more at the world’s largest spot & futures cryptocurrency exchange. Website: https://www.okex.com/?channelFlag=ACEAP6501380

OKEx Blog

OKEx Blog

World’s Largest Spot & Futures Cryptocurrency exchange

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