OKX xBTC Borrow Fee Rebates
Eligibility
• You must use only xBTC as collateral in the borrowing account
• You may borrow only USDC
• Positions with any other collateral or borrowed asset are not eligible
Note: Use a dedicated sub-account if you plan to use mixed collateral strategies
Fee Tracking
• Borrow fees (origination fees) are charged when trades are opened
• Fees are tracked over fixed 30-day cycles
Rebate Schedule
• 100% of borrow fees from each cycle are reimbursed
• Each cycle is one month long starting from the first of each month
• Rebates are processed on the first day of the following month
Claim
• All eligible users will be able to claim their rebate through a UI that will be available soon
• Rebates will not require any action until the UI is live
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