When you add margin for your OKX futures contracts, you have most likely encountered these two borrow options popping up. Choosing the wrong one without clarifying their differences can easily lead to unnecessary extra costs.
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Core Function Definitions
One-click borrow is a single borrow operation initiated manually by the user. After you submit and confirm, the funds arrive in your account instantly, and it only takes effect for this current one-time demand.
Auto-borrow is a pre-granted authorization you give to the platform. Later, when your account margin is insufficient, or the available balance for placing orders is below the threshold, the system will automatically trigger a borrow, no extra manual confirmation is required.
Multi-Dimension Difference Comparison
| Comparison Dimension | One-Click Borrow | Auto-Borrow |
|---|---|---|
| Trigger Method | User manually clicks to confirm | System triggers automatically per pre-set rules |
| Effective Scope | Only valid for one single operation | Takes effect for all trading scenarios of the whole account after activation |
| Fee Rule | Exclusive discounts are available for some short-term borrow scenarios | Charged uniformly per the platform's standard daily interest rate |
| Suitable User Group | Users with temporary large capital turnover needs | Professional futures traders with high trading frequency |
Common Failure Causes
When you manually select one-click borrow, if the fund pool balance of the corresponding crypto you want to borrow on the platform is insufficient, a borrow failure prompt will pop up directly, which may easily delay your urgent order opening timing.
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Usage Risk Reminder
After enabling auto-borrow, if your pending limit order is not canceled for a long time, the part of the final executed order value that exceeds your account available balance will automatically generate a borrow order, which accrues daily interest and generates extra costs later. Remember to turn off the feature manually when you do not need it.
You can open the OKX borrow management page to check your currently active borrow authorization status, and confirm the configuration matches your own trading habits.
