Contract Specifications
|
Instrument / symbol |
USDT-PERP |
|
Contract unit |
USDT |
|
Underlying asset |
Bit.com index price |
|
Settlement |
Daily settlement at 08:00 UTC. Both the realized and unrealized session profit and loss will be booked to account cash balance and ready for withdrawal at settlement. |
|
Delivery |
No delivery |
|
Mark price |
Bit.com Index + 30 seconds EMA* of (Average of Fair Bid & Ask - Bit.com Index) Read here for more details |
|
Trading band |
+/- 3% from Bit.com Mark Price |
|
Leverage |
1-50x leverage (cross margin), which will be decided by position |
|
Max position |
The maximum position for a single instrument cannot exceed 2,000,000 USDT |
|
Funding |
Funding is calculated and charged every 10 seconds |
|
Fees |
Maker: 0.02% Taker: 0.05% Check VIP fee rates here Forced liquidation fee: 0.5% |
|
Block trade |
Not supported yet |
Trading rules
Bit.com sets trading rules for USDT margined perpetual in terms of order size, price & step, position limits, and etc. Please see BTCUSDT PERP and ETHUSDT PERP rules below as an example.
|
Instrument |
Min Size |
Size Step |
Min Price |
Price Step |
Max position |
Max Open Orders |
Upper/Lower Bound |
Order Price Cap |
|
BTCUSDT PERP |
0.001 BTC |
0.001 BTC |
0.1 USDT |
0.1 USDT |
45 BTC |
100 |
0.50% / 0.50% |
1.50% |
|
ETHUSDT PERP |
0.001 ETH |
0.001 ETH |
0.01 USDT |
0.01 USDT |
666 ETH |
100 |
0.50% / 0.50% |
1.50% |
For more trading rules, please visit trading center.