How do futures contracts work?

Perpetual futures contracts are as similar as possible to our current margin trading mechanics:

• the customer can open Long and Short positions;
• the customer uses leverage.

The main difference is that users pay fees for the use of borrowed funds not to the exchange, but to each other. It can be both positive and negative, depending on the current market situation. Accrual occurs every 8 hours for all active positions, on the page of trades is always visible countdown to the time of accrual.

Was this article helpful?

0 out of 0 found this helpful