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Futures mode: cross margin trading
cross and isolated margin mode.Published on Mar 21, 2023Updated on Mar 27, 2026Product documentationSpot and futures cross margin mode
Fundamentally, closing a margin position cannot affect the risks of other positions in a spot and futures cross margin mode.Published on Jun 17, 2022Updated on Nov 6, 2025Product documentationOKX Wallet now provides cross-chain gas swap
Dear OKX users, OKX Wallet's Swap for gas feature now supports cross-chain gas swaps. When you want to make a token transfer/token swap/NFT trade/token investment but don't have native tokens to pay the network fee, you'll see the "Fill up gas token" button, where you can simply choose USDT, USDC, DAI, or any other mainstream tokens on any network to swap for native tokens using the Swap for gas feature to continue with your on-chain transaction.Published on Mar 9, 2023Updated on Nov 17, 2025AnnouncementsPortfolio margin mode: cross-margin trading (Risk Unit Merge)
This enables cross-margining between derivatives and spot positions across different underlying assets. However, when a stablecoin depegs, this cross-margining could expose users to risk, which MR9 measures. MR9 calculation logic: Step 1: Calculate cash delta by underlying assets (USDT, USDC, USD), displayed in USD unit.Published on Dec 3, 2024Updated on Dec 4, 2025Product documentationSuspension on Automatic Variation Margin Feature (within Cross Margin Mode)
Dear Valued Customers, Due to the recent major upgrade within our futures contract product, we are suspending the Automatic Variation Margin function under Cross Margin Mode effective 19:00 on December 15, 2017 (Hong Kong Time), while the Automatic Variation Margin feature under Isolated Margin Mode is not being affected. Please do take note of this and adjust your trading strategy where necessary.Published on Dec 12, 2017Updated on Nov 17, 2025AnnouncementsOKX daily settlement mechanism for BTC expiry futures in cross-margin mode
Dear OKX traders, To provide a better trading experience and optimize fund utilization, OKX will launch a daily settlement mechanism for BTC-USDT and BTC-USD expiry futures contracts in cross-margin mode, starting at 08:00 am UTC on March 29, 2025. How it works: Settlement will happen daily at 08:00 am UTC. Upon settlement, the position’s settlement PnL will be credited to your account balance, and the position’s entry price will be updated to the last settlement price.Published on Mar 25, 2025Updated on Nov 17, 2025AnnouncementsOKX will launch a daily settlement mechanism for expiry futures in cross-margin mode
Note that these updates to settlement are only applicable to cross-margin positions. For more details on the settlement mechanism, you can refer to the following document: Product Document: Introduction to the settlement mechanism API Changes: Expiry futures daily settlement Risk notice: OKX reserves the right to temporarily close the daily settlement mechanism without prior notice due to market risks and re-open it after assessing the risk.Published on Mar 8, 2025Updated on Nov 17, 2025AnnouncementsOKX to postpone daily settlement mechanism for BTC expiry futures in cross-margin mode
Dear OKX traders, The daily settlement mechanism for BTC-USDT and BTC-USD expiry futures contracts in cross-margin mode originally scheduled to start at 08:00 am UTC on March 29, 2025 has been postponed. It will now start at 08:00 am UTC on April 05, 2025. How it works: Settlement will happen daily at 08:00 am UTC. Upon settlement, the position’s settlement PnL will be credited to your account balance, and the position’s entry price will be updated to the last settlement price.Published on Mar 26, 2025Updated on Nov 17, 2025AnnouncementsSetting collateral cryptocurrencies in multi-currency account mode
For details on asset and account-level fields and formulas, refer to: Multi-currency margin mode: cross margin trading Instrument When a crypto is set as collateral When a crypto is removed as collateral Spot (cross-margin) ✅ Can be used for trading ✅ Can be used for trading Margin (cross-margin) ✅ Can be used for trading ❌ Can’t be used for trading Derivatives (expiry futures, perpetual futures, options in cross-margin) ✅ Can be used for trading ❌ Can’t be used for trading Isolated Margin TradingPublished on Mar 6, 2025Updated on Jan 13, 2026Product documentationOKX to launch feature for setting collateral cryptocurrencies in multi-currency margin mode
It can only be used for spot trading and can’t be used for margin, futures, or options trading under both cross and isolated margin modes. Each crypto removed as collateral is isolated, meaning it’ll not provide margin support for any positions in the cross-margin account and has no liquidation risk. Additionally, changes in the removed crypto’s balance won’t affect the overall risk of the cross-margin account.Published on Mar 6, 2025Updated on Nov 17, 2025AnnouncementsWhat is Proof of Reserves (PoR) user snapshot data?
with crypto equities ETH: Cross margin trading position assets = 0 Cross margin trading position liabilities = 0 Cross margin trading unrealized profit and loss = 0 D-value = 0 ETH USDC: Cross margin trading position assets = 0 Cross margin trading position liabilities = 0 Cross margin trading unrealized profit and loss = 0 D-value = 0 USDC Audit Details Page - Detailed fields of Trading account ETH : Balance = cross account balance + isolated position margin(except isolated margin trading) = 5Published on Nov 17, 2023Updated on Dec 11, 2025FAQ1OKX to update the collateral cryptocurrency setting in multi-currency margin mode
the upgrade: Instrument When a crypto is set as collateral When a crypto is removed as collateral Spot (cross-margin) ✅ Can be used for trading ✅ Can be used for trading Spot margin (cross-margin) ✅ Can be used for trading ❌ Can’t be used for trading Expiry futures, perpetual futures, and options (cross-margin) ✅ Can be used for trading ❌ Can’t be used for trading Spot margin, expiry futures, perpetual futures, and options (isolated margin) ✅ Can be used for trading ✅ Can be used for trading ToPublished on Apr 22, 2025Updated on Nov 17, 2025AnnouncementsOKX to improve the funding fee mechanism for perpetual futures
All funding fees received by users will be added to their cross margin equity, regardless of whether it's an isolated or cross position. The platform will distribute the full amount to users during settlement. Isolated margin mode For isolated margin positions, the funding fee will be added into the margin balance of the position. Cross margin mode (Spot and futures, Multi-currency, Portfolio margin) For cross margin positions, the funding fee will be added to their cross margin equity.Published on Jun 7, 2024Updated on Nov 17, 2025AnnouncementsIntroduction to Unified Account
Spot and futures You can trade: - Spot - Margin - Perpetual - Futures - Options Margin modes available: - Isolated - Single-currency cross margin *In single-currency cross margin mode, all trading products that settled with the same currency will share the margin, and the generated profits and losses can offset each other. Take a quiz and activate the mode.Published on Dec 23, 2020Updated on Dec 2, 2025Product documentationMulti-currency margin mode vs. Portfolio margin mode
Floating PnL = Floating PnL of cross-margin positions + Floating PnL of isolated margin positions Floating PnL of cross-margin positions = Floating PnL of cross-margin expiry futures positions + Floating PnL of cross-margin perpetual futures positions + Floating PnL of cross-margin options positions Floating PnL of isolated margin positions = Floating PnL of isolated margin positions + Floating PnL of isolated expiry futures positions + Floating PnL of isolated perpetual futures positions + FloatingPublished on Apr 13, 2023Updated on Jul 9, 2025Product documentation