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What's mark price vs last price vs index price?
X-Perps trading uses multiple price references. Understanding the difference is important because different functions may rely on different prices.What's last price? The last price is the price of the most recent executed trade in the market. It's useful for: seeing recent trade activity charting and short-term market behaviourWhat's index price? The index price is a reference price derived from external spot market sources.Published on Apr 15, 2026Updated on Apr 15, 2026How do I set a price alert?
By setting up alerts, you establish a proactive defense mechanism, ensuring you're promptly notified whenever price action aligns with your price levels of interest. How can I set a price alert? You can set a price alert and be informed when the price reaches the key price points. Navigate through the process by following these steps: On the App: 1. Tap Trade > Select the trading type at the top 2. Tap the three dots in the upper right corner > Alerts > Add alert 3.Published on Apr 30, 2024Updated on Apr 15, 2026261How to add personalized messages for custom price alerts?
Below is how you can add personalized messages to your custom price alerts on our platform: Navigate to the chart of the specific asset and select the Alerts option by selecting the bell icon above the trading chart to access the price alerts feature Start by selecting the Alerts option Select Create alerts or select an existing alert you want to edit Proceed to select the alert of your preference or the Create alerts option Set the Price and enter the price point that will trigger the alert ProceedPublished on Feb 6, 2025Updated on Sep 10, 20253How do I use the liquidation price calculator?
price?Published on Jul 3, 2024Updated on Jan 28, 202639How do I track the cost price of my spot trades?
On the trading screen, select Settings from the top menu Proceed with the selection of Settings from the pop-up menu On the Trading mode screen, select Spot cost price type Select between Average cost price or Cumulative cost price Select from the available options under the Spot cost price type options The cost price will also be reflected on your K-line Chart and the positions menu. Cost price on the K-line chart Cost price on the positions menuPublished on Sep 5, 2024Updated on Apr 16, 202627OKX listing mechanism
Opening price determination The opening price in a Call Auction is determined based on the following principles: The price that allows the highest trading volume At that price: All buy orders priced higher than the opening price are fully executed, or All sell orders priced lower than the opening price are fully executed Either the buy side or the sell side at the opening price must be fully filled The resulting price becomes the official opening price of the trading pair.Published on Apr 27, 2018Updated on Apr 2, 20267,479How do I place a TP/SL with Limit Order?
Placing the order: Order price: $50,000 (the price at which you want to buy Bitcoin) Order size: 1 BTC (the amount you wish to buy) Setting TP/SL: TP trigger price: $55,000 (the price at which you want to take profit) SL trigger price: $45,000 (the price at which you want to stop loss) In this example, when the market price of Bitcoin reaches $55,000, the TP order will be triggered, and you'll sell your 1 BTC to lock in profits.Published on May 31, 2024Updated on Feb 12, 2026281What's a limit order?
A limit order is an order where you set the order quantity and the maximum price you are willing to buy or the minimum price you are willing to sell. When the market price meets your conditions, the system will execute the order at the best available price within your specified limit. Whether a limit order is executed as a maker or taker depends on the price you set, the order quantity, and current market conditions.Published on Aug 22, 2023Updated on Apr 3, 2026177Crypto profit & loss analysis (PnL) FAQ
Cryptos held before this date and not sold will be calculated at the price of 00:00 on November 6, 2020.10. What are the average cost price and cumulative cost price? The cumulative cost price includes both unrealized PnL and realized PnL when calculating returns.Published on Apr 3, 2026Updated on Apr 6, 2026What order types are supported in X-Perps?
The right order type depends on whether you prioritise speed, price control, or automation. Note: this article is for verified users trading X-Perps in the EEA region.What is a market order in X-Perps? A market order executes immediately at the best available price(s) in the market. Use when: execution speed matters more than exact price. Note: your final execution price can differ from the displayed price in fast-moving or thin markets (slippage).What is a limit order in X-Perps?Published on Apr 9, 2026Updated on Apr 15, 2026Index components weightage adjustment FAQ
Thus, these components will have more impact on index prices, which means index prices will be more stable and closer to fair market prices. If you don't have any strategies based on index price, no action is required. If you have such strategies, the actions needed are subject to the specific strategies.Published on Dec 14, 2023Updated on Feb 12, 202613How PnL works in X-Perps?
On OKX, unrealized PnL for X-Perps is calculated using the mark price, not the last traded price. The mark price is also used in liquidation logic. This means unrealized losses are not just a display value — they directly affect your position risk. If unrealized losses increase and the mark price moves closer to your liquidation price, your margin buffer may shrink. In that case, you may need to add margin (where supported) or reduce your position to lower risk.Published on Apr 9, 2026Updated on Apr 15, 2026How do I start trading X-Perps on OKX?
Limit order — gives you more price control, but execution isn't guaranteed if the market never reaches your price Market order — aims to execute immediately at the best available price, but the final execution price may differ from the displayed price in fast-moving markets (slippage) 2. Enter your margin amount Choose how much margin you want to allocate to trade. If you're using portfolio margin, this is calculated against your full account risk unit. 3.Published on Apr 9, 2026Updated on Apr 15, 2026Iceberg strategy FAQs
5 orders will be placed in the order book 1st limit buy order will be placed at the current middle price (Ask 1 + Bid 1)/2 The 2nd limit buy order will be placed at Bid 1 price, whereas the 3rd one at Bid 2 price, etc The amount per order is around 0.1 BTC (multiplied by the random number) If the price goes up to higher than 35,000, the order would be temporarily halted If the order is filled, new orders will be placed according to the latest position in the orderbook If the change of price causesPublished on Aug 4, 2023Updated on Dec 30, 202516What's a futures trading bot and how do you automate trades with it?
Next, enter the grid’s upper and lower price bound, and the total number of grids. Then, select Arithmetic or Geometric to determine exactly how the grid lines are spaced. Select and enter the necessary details to determine the grid lines space Arithmetic mode divides the price range from Lower Price to Upper Price into the number of grids by equal price difference, as each grid has an equal price difference (for example 1, 2, 3, 4..).Published on Dec 26, 2023Updated on Oct 29, 202535