Worked example, single-currency margin. You open a 1,500 USDC position at 3x leverage, so your initial margin is 500 USDC. The market moves 1% in your favour: PnL is about 15 USDC — 1% of the 1,500 USDC position PnL% is about 3% — 15 USDC divided by 500 USDC of initial margin Neither figure is wrong when the two disagree.

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.

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.

The Mark Price, used for liquidation, is calculated as Index Price plus a basis adjustment: a moving average of the difference between the OKX order book mid-price and the Index Price.What is the funding rate and how does it work? The funding rate is a periodic payment exchanged between long and short positions. When the X-Perp trades at a premium to the Index Price, longs pay shorts; when it trades at a discount, shorts pay longs.

The estimated liquidation price of an open position is recalculated whenever the margin or the leverage behind it changes, so check the updated figure after you confirm rather than working from the one you saw earlier.

Start with Method 1, and if the issue continues, follow Method 2 to remove the damaged passkey and recreate it.Method 1: Update Google Play services Go to Settings > All applications on your phone and locate Google Play services. Locate Google Play services in your phone's application list Select the kebab menu icon and select Uninstall updates. Select Uninstall updates After the updates are removed, scroll down and select App details to open the Google Play Store page.

The X-Perp is what you trade.How do Pre-IPO X-Perps work?Pricing before the IPO A private company doesn't yet have a continuously quoted public stock price. That means Pre-IPO X-Perps can't rely on the same public-market price discovery as a derivative linked to an already listed stock. Buyers and sellers express their views through the order book, and market activity determines the contract price. A funding rate may also apply to open positions.

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.

How does market making work? Market making in DeFi involves providing liquidity to decentralized exchanges (DEXs), such as adding assets like ETH or SOL to pools. In return, you earn a share of the trading fees, contributing directly to the efficiency of the crypto ecosystem. By ensuring there are sufficient assets for trading, market makers help stabilize price fluctuations. Additionally, impermanent loss is a key concept to consider.

What’s the difference between Total PnL, Grid Profits, and Unpaired PnL on my bot? Total PnL shows your bot’s overall profit or loss at any given moment. It’s an accurate snapshot of your bot’s performance, as it combines both realized and unrealized gains. Grid Profits and Unpaired PnL are components of the Total PnL. They’re displayed separately to help you better understand what’s driving your...

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.

Note: The greater the number of block confirmations, the harder the data altering in blockchain, and the safer the transaction How do I check the number of block confirmations? Log in to your account at okx.com, select Deposit. Opening deposit page from homepage Select the crypto that you want to deposit in the Select crypto field and the deposit network in the Select network field. You can find the number of block confirmations required at the Deposit arrival time ⓘ.

Note: the greater the number of block confirmations, the harder the data altering in blockchain, and the safer the transaction.How do I check the number of block confirmations? Open your OKX app, select Deposit crypto. Opening Deposit page from Homepage Select the crypto that you want to deposit, then select the deposit network in the Select network field. You can find the number of block confirmations required at the Deposit arrival time and Withdrawal available time.

Both a strategy and a philosophy, by integrating trading bots into the hoarding process, we're able to compound the value of the hoarded tokens accumulated through arbitrage, and enjoy the gains when both coins rise in value over time.How does the ETH/BTC Bot work? The ETH/BTC Bot operates by leveraging the constant oscillation of the ETH/BTC exchange rate.

Hard Cap: A hard cap applies to the amount of crypto assets eligible to participate in reward calculations. The specific hard cap amount may vary by campaign and by user tier (e.g., 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.