BTC Perpetual Futures Contract Specifications
| Contract Code | BTC/USD |
| Minimum Trade Size | 0.001 BTC |
| Quote Currency | USD |
| Tick Value | $1.00 |
| Contract Series | Perpetual Futures |
| Trading Hours | 24/7, 365 Days |
| Last Trading Day | Non-Expiring |
| Daily Price Limit | Unless otherwise stated, there shall be no daily price limits |
| Daily Settlement Price | NA |
| Funding Fee | Funding Fee consist of the market activity of the Perpetual Futures, and also a Interest Premium component. It is the daily average funding fee calculated from each liquidity provider + a Interest Premium. |
| Funding Interval | Daily Funding at 05:00 (GMT+8) |
| Funding Payment | This shall be applied to all open positions prior to the funding interval timing. The funding fee will be debited or credited from the client's account at that timing |
| Final Settlement Price | NA |
| Settlement Method | Cash settlement in USD |
| Initial Margin | The initial margin is based on the current notional limits for margin. Please refer to Appendix A |
ETH Perpetual Futures Contract Specifications
| Contract Code | ETH/USD |
| Minimum Trade Size | 0.01 ETH |
| Quote Currency | USD |
| Tick Value | $0.10 |
| Contract Series | Perpetual Futures |
| Trading Hours | 24/7, 365 Days |
| Last Trading Day | Non-Expiring |
| Daily Price Limit | Unless otherwise stated, there shall be no daily price limits |
| Daily Settlement Price | NA |
| Funding Fee | Funding Fee consist of the market activity of the Perpetual Futures, and also a Interest Premium component. It is the daily average funding fee calculated from each liquidity provider + a Interest Premium. |
| Funding Interval | Daily Funding at 05:00 (GMT+8) |
| Funding Payment | This shall be applied to all open positions prior to the funding interval timing. The funding fee will be debited or credited from the client's account at that timing |
| Final Settlement Price | NA |
| Settlement Method | Cash settlement in USD |
| Initial Margin | The initial margin is based on the current notional limits for margin. Please refer to Appendix A |
Appendix A
| Leverage | Client's Deposit Amount (USD) | Margin Liquidation Trigger |
|---|---|---|
| 20x | $10,000 - $30,000 | 30% |
| 15x | $30,000-$40,000 | 30% |
| 10x | $40,000-$50,000 | 30% |
| 5x | $50,000-$100,000 | 25% |
| 3x | $100,000 - $200,000 | 25% |
| 1x | $200,000-$500,000 | 15% |