ETH Perpetual Future:
Symbol |
ETH-Perpetual Swap |
Contract Unit |
ETH-Perpetual Swap is sized in USD |
Tick Size |
USD 0.05 |
Underlying |
|
Settlement |
Daily settlement at 08:00 UTC. Both the realized and unrealized session P&L will be booked to account cash balance and ready for withdrawal at settlement. |
Mark Price |
Bit.com Index + 30 seconds EMA* of (Average of Fair Bid & Ask - Bit.com Index) Mark Price is limited within 1% from Bit.com Index against manipulative trading, where 1% is determined by Bit.com risk team. The price limit will be adjusted according to the market condition, please refer to the Bit.com announcement on the website. |
Trading Band |
+/- 3% from Bit.com Mark Price The bandwidth parameters may be adjusted by Bit.com |
Minimum Order Size |
USD 1 |
Incremental Order Size |
USD 1 |
Block Trade |
Yes, minimum Block Trade size is 5,000 USD equivalent |
Funding |
|
Initial Margin |
IM = (2% + |Position Size in ETH| * 0.0005%) * |Position Size in ETH| |
Maintenance Margin |
MM = (1.5% + |Position Size in ETH| * 0.0005%) * |Position Size in ETH| |
*EMA: An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average.