For example, when you want to trade 3000 ETHUSDT perpetual contracts, you can leverage a maximum of 75 times the capital you own. IMR = 1 / 75 = 1.3%, and you must maintain 0.8% MMR or above to avoid liquidation. There are 9 different scenarios for leverage settings via OKX open APIs. Please refer to Set leverage scenarios for different cases. For perpetual swaps, there are 3 different scenarios for leverage setting: Set leverage for SWAP instruments under cross-margin trade at contract level.

How much you actually borrow depends on factors including your order size and available balance.Example: buying BTC with Spot Margin Suppose you have 325 USDC available and place a 400 USDC BTC order. approximately 325 USDC comes from your available balance approximately 75 USDC is borrowed borrowing costs apply to the 75 USDC borrowed you receive the BTC you purchased the borrowed USDC and applicable borrowing costs need to be repaid This is balance-first borrowing: use your available balance first

Each share is priced between 0.01 – 0.99 USDT, directly reflecting the market’s collective assessment of the probability that the event will occur: Share Price Implied Market Probability 0.25 USDT ~25% 0.50 USDT ~50% 0.75 USDT ~75%What is order book liquidity sharing?