BTC: OKX Margin Lending Ratio
Shown as its 2–31 Oct 2026 sample; the latest readings and full history are included with Plus.
The ratio of US dollars borrowed to BTC borrowed on OKX's margin markets, as OKX publishes it.
Why use it. Borrowing dollars buys BTC with leverage; borrowing BTC sells it short. The ratio shows which way margin traders lean, and how fast that changes. How to read it. A rising ratio means more is borrowed to buy than to sell short; falls mark longs closing or shorts building.
Calculation. OKX's own published margin loan ratio for BTC (the value of the quote currency borrowed over the value of BTC borrowed), hourly. A period's value is its last reading. Source: OKX's public trading-statistics API (margin loan ratio), read by CryptoKeyhole every ten minutes, as far back as OKX serves it.