OKX Opens Five Stock Perpetuals Nov. 2
Tether-margined contracts for ADI, FLEX, MELI, PEP and UMC will open in 15-minute intervals starting at 6:30 a.m. ET.
Updated on Nov. 2, 2026 in Investing
OKX has scheduled five USDT-margined stock perpetual contracts tied to ADI, FLEX, MELI, PEP and UMC to open on November 2, 2026. The openings are set at 15-minute intervals between 6:30 a.m. and 7:30 a.m. ET.
Why it matters
The contracts are designed for around-the-clock trading, giving traders exposure to U.S. stock price movements outside regular exchange hours. The schedule follows OKX's October 20 rollout of five other U.S. stock perpetual futures.
The schedule sets five contract openings at 15-minute intervals from 11:30 UTC to 12:30 UTC, and normal funding fees settle every eight hours. Whether the contracts will attract meaningful volume once live has not been disclosed.
The players
OKX
OKX is a global cryptocurrency exchange that offers derivatives trading, including perpetual futures tied to traditional assets.
The details
OKX said the five contracts, for ADI, FLEX, MELI, PEP and UMC, will open in staggered order beginning at 6:30 a.m. ET (11:30 UTC). If the funding rate reaches its cap or floor when a fee is charged or paid, the settlement interval automatically shifts to hourly.
Timeline
October 20: OKX opened its schedule for five other U.S. stock perpetual futures.
November 2, 2026, 6:30 a.m. ET: First of the five contracts opens.
November 2, 2026, 7:30 a.m. ET: Final scheduled opening of the five contracts.
Market Dynamics
Stock perpetual contracts extend the no-expiry perpetual futures format, pioneered on crypto exchanges, into U.S. equities that trade during standard market hours. OKX's rollout of two batches of U.S. stock perpetuals in October and November 2026 tests whether that format can carry equity exposure beyond the crypto market.
Traders who want exposure to these U.S. stocks outside regular market hours will gain access to a new contract type on OKX starting November 2. Anyone trading these perpetuals should check the funding fee schedule, since settlement can shift from every eight hours to hourly.
The takeaway
Perpetual contracts carry no expiry date but charge periodic funding fees, so traders should compare those costs against the holding period they plan. Confirm the funding interval before opening a position, because it changes when the cap or floor is reached.
What happens next
OKX's five stock perpetual contracts for ADI, FLEX, MELI, PEP and UMC are scheduled to open on November 2, 2026, starting at 6:30 a.m. ET and continuing at 15-minute intervals through 7:30 a.m. ET.
Further reading
For broader context on derivatives products, see Investing.
