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How PnL works in X-Perps?
This article explains how PnL (profit and loss) works in X-Perps, so you can understand what your account is showing and why your net result may differ from the raw price move. In X-Perps trading, PnL (profit and loss) is commonly shown in two forms: unrealized PnL and realized PnL.What's unrealized PnL in X-Perps? Unrealized PnL is the gain or loss in an open position based on current pricing.Published on Apr 9, 2026Updated on May 29, 2026FAQWhy is my OKX app not working?
This guide explains common causes and practical solutions to help you restore access quickly.Why is my OKX app not working? There are several reasons why the app may stop working or crash.Published on Mar 16, 2026Updated on May 29, 2026FAQ18How does fast redemption work?
This feature is useful when you need faster access to your funds, whether to take advantage of a trading opportunity or to address other financial needs.How does it work? If your product offers fast redemption, you're eligible to receive a portion of your redemption every day after you submit your redemption request.Published on May 8, 2025Updated on May 29, 2026FAQ201OKX Orbit Creator Rewards Program is Now Live
Keep content live At least one eligible post from the current cycle must still be live on Orbit at the time of reward payout. FAQ Do I need to sign up? No. As long as you meet the eligibility requirements, the system automatically includes you in that week's payout. Just post and you're in. 2. What types of content are eligible? Original crypto-related posts, including posts synced from X, are all eligible for rewards.Published on Apr 2, 2026Updated on Jun 4, 2026Product documentationTrading of Internet Computer's ICP now live on OKX
We’re now pleased to announce that trading of ICP is live on OKX, with withdrawals opening tomorrow, May 11. The current schedule for ICP’s listing is as follows: 1. Spot trading for ICP/USDT,ICP/BTC opens at 4:00 pm UTC on May 10 2. ICP withdrawals open at 10:00 am UTC on May 11 The Internet Computer’s creators, the DFINITY Foundation, describe the project as a decentralized version or extension of the public internet.Published on May 10, 2021Updated on May 29, 2026AnnouncementsHow does leverage work in X-Perps trading?
If you're new to X-Perps, consider starting with lower leverage until you are comfortable with how margin, liquidation, and funding rates work together.5. Does leverage affect funding payments? Leverage affects your position size, and funding payments are calculated based on position size. A larger leveraged position will result in larger funding payments, both received and paid. Need help with an OKX product? Find guides and answers in our Help Centre. Visit here.Published on Apr 9, 2026Updated on May 29, 2026FAQ1My phone isn't working, what should I do?
If your mobile phone isn't working properly, or you've lost access to it, or you can't get SMS codes, try the following:My SMS codes aren’t working on OKX Refer to I haven't received the verification code.I want to change my phone number You can switch to a new phone number in your OKX account. To do this, follow the guide below: How do I change my phone number? If you've mobile verification enabled for logins, you can still log in without it.Published on Aug 1, 2024Updated on May 29, 2026FAQ9How do total Profit and Loss (PnL) and Grid profits work for Spot Grid?
It's calculated by comparing your current bot equity (based on live market prices) with your initial equity when the bot was created—plus or minus any top-ups or withdrawals. Example: If you started a bot with 100 USDT, and the current bot equity is 200 USDT, your Total PnL = 200 - 100 = 100 USDT. This figure includes: Realized profits from completed trades Trading fees Unrealized PnL from open positions Any applicable Earn interest (if enabled)How's the field "Grid Profits" calculated?Published on Jun 20, 2025Updated on May 29, 2026FAQ59Zero-Knowledge Proofs: what are zk-STARKs and how do they work? (zk-Stark V2)
For advanced users, you may refer to the MOOC Course and the academic monograph.How does zk-STARK work? We create a Merkle tree using the hash of each user's account as the leaves. Each account shows balances in USD for various tokens (e.g., BTC, ETH). To handle these balances, we separate its balances into non-negative equities and debts for each token. This way, we only work with positive numbers, making it easier to handle calculations and avoid errors.Published on Oct 21, 2024Updated on Feb 11, 2026FAQ94Zero-Knowledge Proofs: what are zk-STARKs and how do they work? (zk-STARK V1)
In this article, we'll introduce how it works and explain the general mathematical concept, but if you're interested in diving deeper, start here or here.How does it work? *Execution trace table and Merkle tree constructed for zk-STARK PoR* 1.Published on May 10, 2023Updated on Sep 8, 2025FAQ182OKX to support CFG crypto migration
Only deposits of the new token (CA: 0xcccccccccc33d538dbc2ee4feab0a7a1ff4e8a94) will be supported. Please pay attention when depositing to avoid any losses. Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only.Published on Nov 3, 2025Updated on May 29, 2026AnnouncementsImportant Update: Revision of the Funding Rate Formula for OKX Perpetual Futures
clamp [ ( Average premium index + clamp ( Interest rate − Average premium index, 0.05%, −0.05% ) ) / ( 8 / N ), Funding rate cap, Funding rate floor ] Interest rate = 0.01% (fixed) N = funding settlement interval in hours, where N ∈ {1, 2, 4, 8} Effect by Settlement Cycle 8h cycle (N=8): divisor = ÷ 1 (identical to current formula, no change) 4h cycle (N=4): divisor = ÷ 2 (halved per period) 2h cycle (N=2): divisor = ÷ 4 (quartered per period) 1h cycle (N=1): divisor = ÷ 8 (roughly 1/8 per period) WorkedPublished on May 29, 2026Updated on May 29, 2026AnnouncementsStart your first stream now!
. 🚀 Why go live on Orbit? Livestreaming is one of the most powerful ways to connect with your audience and grow your presence: Real-time engagement — Chat with your followers as you stream, answer questions live, and build genuine connections. Grow your community — Live sessions are discoverable, helping new followers find you organically. Share your expertise — Whether it's market analysis, trading strategies, or crypto insights, your knowledge is valuable.Published on Jun 1, 2026Updated on Jun 5, 2026Product documentationOKX x McLaren NFT Sweepstakes Terms & Conditions
This prize is eligible for use in 2024, OKX will work with the winner to book this prize at a date in 2024 that suits them, note availability to book this prize depends on McLaren’s booking schedule, but OKX and McLaren will do their utmost to book the prize in at a date that suits the winner. This prize must be used in 2024 or the winner will automatically forfeit it.Published on Apr 25, 2024Updated on May 29, 2026FAQ607EEA Spot Margin FAQ
No derivative works or other uses of this article are permitted.Published on Dec 12, 2025Updated on May 29, 2026Product documentation