Perpetual Trading

A perpetual contract is a derivative that approximates leveraged spot trading. Investors can buy to gain from rising prices, or sell to gain from falling prices. The perpetual contract differs from traditional futures in some ways: it has no expiration time and therefore no restrictions on how long users are able to hold a position. In order to ensure that the underlying price index is tracked, perpetual contracts are guaranteed to follow the price of the underlying asset through a funding fee mechanism.

MatchmakingMarginFunding CostsTrading feesIndex PriceMark PriceLiquidationsInsurance FundsAutomatic Deleveraging