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      OKX to list perpetual futures for ARC, SWARMS, COOKIE crypto

      OKX's logo OKX

      We are pleased to announce that USDT-margined perpetual futures for ARC, SWARMS, COOKIE will be enabled at 11:00~11:30 am UTC on January 24, 2025.


      The updates will cover both the web and app interfaces as well as the API. The details are as follows:


      I. Listing schedule

      • ARCUSDT perpetual futures trading will open at 11:00 am UTC on January 24, 2025.

      • SWARMSUSDT perpetual futures trading will open at 11:15 am UTC on January 24, 2025.

      • COOKIEUSDT perpetual futures trading will open at 11:30 am UTC on January 24, 2025.


      II. Perpetual futures trading


      ARC perpetual futures:

      Arc is an emerging AI open-source framework developed by Playgrounds Analytics Inc. It is used to build modular and scalable artificial intelligence applications, deploy AI agents, and is developed using the Rust programming language. The ARC token is the native currency of the Arc framework.

      • Asset name: AI Rig Complex

      • Ticker: ARC

      • Website: https://www.arc.fun/

      • Twitter: https://x.com/arcdotfun

      Features

      Details

      Underlying

      ARC/USDT index

      Settlement crypto

      USDT

      Face value

      10

      Price quotation

      1 ARC value calculated in USDT equivalent

      Tick size

      0.0001

      Leverage

      0.01-20x

      Funding fee

      Clamp(MA([(Best bid Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0

      Note: Funding fees are received and deducted based on the current period.

      Funding interval

      4 hours

      Trading hours

      24/7

      SWARMS perpetual futures:

      Swarms aims to become a decentralized ecosystem of interconnected AI agents.

      • Asset name: Swarms

      • Ticker: SWARMS

      • Website:https://swarms.world/

      • Twitter: https://x.com/swarms_corp

      Features

      Details

      Underlying

      SWARMS/USDT index

      Settlement crypto

      USDT

      Face value

      10

      Price quotation

      1 SWARMS value calculated in USDT equivalent

      Tick size

      0.00001

      Leverage

      0.01-50x

      Funding fee

      Clamp(MA([(Best bid Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0

      Note: Funding fees are received and deducted based on the current period.

      Funding interval

      4 hours

      Trading hours

      24/7

      COOKIE perpetual futures:

      Cookie DAO is an index and data layer for AI agents.

      • Asset name: Cookie DAO

      • Ticker: COOKIE

      • Website: https://cookie.fun

      • Twitter: https://x.com/cookiedotfun

      Features

      Details

      Underlying

      COOKIE/USDT index

      Settlement crypto

      USDT

      Face value

      10

      Price quotation

      1 COOKIE value calculated in USDT equivalent

      Tick size

      0.0001

      Leverage

      0.01-20x

      Funding fee

      Clamp(MA([(Best bid Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0

      Note: Funding fees are received and deducted based on the current period.

      Funding interval

      4 hours

      Trading hours

      24/7


      Note: To avoid unreasonable fees arising from significant premium fluctuations of a newly launched contract, the upper limit of the funding fee before 4:00 pm UTC on January 24, 2025 is 0.5%. After 4:00 pm UTC on January 24, 2025, the upper limit of the predicted funding fee will be adjusted back to the regular rate of 1.5%. (The funding fee for this period will be charged at 8:00 pm UTC on January 24, 2025.) If there is a deviation from the contract price, the funding fee limit will be adjusted according to market conditions.


      The price limit rules of ARC, SWARMS, COOKIE USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details.


      USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement


      OKX team
      January 24, 2025

      Read the original article at

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