Futures
1. Perpetual Futures
|
Product Name |
Polkadot Futures - Perpetual |
|
Underlying Index |
|
|
Product Type |
Futures |
|
Ticker |
DOT-PERP |
|
Contract Size |
1 DOT (Every point move of the contract is equal to $1) |
|
Calculation Currency |
USD Stablecoin (USD) |
|
Minimum Quantity |
0.1 |
|
Quantity Step |
0.1 |
|
Tick Size |
0.001 |
|
Initial Margin |
Check out Initial Margin Calculation |
|
Liquidation Level |
60% of Initial Margin |
|
Funding is paid every 1 hour to only those holding positions at the hour. If positive, longs pay the shorts; If negative, shorts pay the longs |
|
|
Mark Price |
See our Mark Price Methodology |
|
Mark Price Band |
0.50% |
|
Expiration |
Never Expire |
|
Liquidation Fee |
0.30% |
|
Trading Hour |
Continuous |
|
Price Protection |
+-5% for market orders; +-10% for Limit Orders |
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