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