Guide

3. Perpetual Swaps

Perpetual swap contracts are cryptocurrency futures contracts without an expiry date. A perpetual swap derives its value from the underlying crypto asset. The perpetual swap contract enables traders to speculate on the underlying cryptocurrency price movements.

Learn more about perpetual swap contracts or check out the full list.

3.1 Funding Fee

The exchange of funding fee is designed to promote the convergence between the market price of a perpetual swap contract and the index price of the underlying asset.

  • If the funding fee is positive, traders holding long positions pay the funding fee to traders holding short positions.

  • Negative Funding Fee: If the funding fee is negative, traders holding short positions pay the funding fee to traders holding long positions.

Perpetual swap > 3.2

Check out an in-depth explanation of how funding fees and rates are calculated.

3.2 Funding Period

Funding payments occur at fixed intervals, which may vary by contract (e.g., every 4 or 8 hours), depending on the specific perpetual swap. Please refer to each contract’s details for the exact schedule.

03 PC IMG

Funding payment only applies to users holding positions at the funding timestamp. Traders who hold long and short positions of perpetual swaps will exchange funding fees with each other with no additional costs levied by the platform.

3.3 Contracts Category

Trade with up to 100x leverage on perpetual swap contracts. The maximum leverage, initial and maintenance margin rates depend on the contracts category.

CategorySymbol
1stBTCUSDT, ETHUSDT
2ndBNBUSDT, DOGEUSDT, SOLUSDT, XRPUSDT
3rd1000PEPEUSDT, ADAUSDT, AVAXUSDT, LINKUSDT, LTCUSDT, SUIUSDT, TRXUSDT
4th1000SHIBUSDT, DOTUSDT, FILUSDT, PAXGUSDT
5thAAVEUSDT, ENAUSDT, NEARUSDT, ONDOUSDT, TRUMPUSDT
6thAPTUSDT, ARBUSDT, ATOMUSDT, BCHUSDT, ETCUSDT, HBARUSDT, INJUSDT, OPUSDT, SEIUSDT, TAOUSDT, TONUSDT, UNIUSDT, WIFUSDT, XLMUSDT
7th1000FLOKIUSDT, ALGOUSDT, AUSDT, CRVUSDT, FARTCOINUSDT, GALAUSDT, LDOUSDT, SANDUSDT, TIAUSDT, WLDUSDT
8th1000BONKUSDT, BOMEUSDT, EIGENUSDT, ENSUSDT, ETHFIUSDT, GRTUSDT, HYPEUSDT, ICPUSDT, JUPUSDT, KAITOUSDT, MKRUSDT, ORDIUSDT, PENDLEUSDT, POLUSDT, RENDERUSDT, SUSDT, VETUSDT, VIRTUALUSDT
9th10000SATSUSDT, ACHUSDT, APEUSDT, BERAUSDT, CAKEUSDT, CHZUSDT, COMPUSDT, DYDXUSDT, GMTUSDT, HUMAUSDT, LAYERUSDT, MANAUSDT, MOODENGUSDT, NEIROUSDT, NEOUSDT, NXPCUSDT, PEOPLEUSDT, PIUSDT, PNUTUSDT, POPCATUSDT, RUNEUSDT, SOPHUSDT, STXUSDT, THETAUSDT, TRBUSDT, WCTUSDT, XTZUSDT
10th1000LUNCUSDT, 1INCHUSDT, AI16ZUSDT, ARKMUSDT, AXSUSDT, FLOWUSDT, IMXUSDT, JTOUSDT, MASKUSDT, MEWUSDT, MNTUSDT, MOVEUSDT, NOTUSDT, PENGUUSDT, PYTHUSDT, STRKUSDT, TURBOUSDT, ZKJUSDT
11thAIXBTUSDT, ALTUSDT, ANIMEUSDT, ARUSDT, BABYUSDT, BATUSDT, BIGTIMEUSDT, BLURUSDT, BSVUSDT, CELOUSDT, CFXUSDT, COOKIEUSDT, DOGSUSDT, EGLDUSDT, ENJUSDT, GOATUSDT, GUNUSDT, IDUSDT, INITUSDT, IPUSDT, KASUSDT, KAVAUSDT, MAGICUSDT, MEMEUSDT, MERLUSDT, MEUSDT, OMUSDT, PARTIUSDT, PUNDIXUSDT, QTUMUSDT, RAREUSDT, SIGNUSDT, SOONUSDT, STGUSDT, SUSHIUSDT, SXPUSDT, TSTUSDT, UXLINKUSDT, WUSDT, XAIUSDT, ZENUSDT, ZETAUSDT, ZILUSDT, ZKUSDT, ZROUSDT, ZRXUSDT
12th1000000BABYDOGEUSDT, 1000000MOGUSDT, 1000CATUSDT, 1000CHEEMSUSDT, 1000RATSUSDT, 1000WHYUSDT, 1000XECUSDT, 1000XUSDT, ACEUSDT, ACTUSDT, AEROUSDT, AEVOUSDT, AGLDUSDT, AIUSDT, AKTUSDT, ALCHUSDT, ANKRUSDT, API3USDT, ARCUSDT, ARKUSDT, ARPAUSDT, ASRUSDT, ASTRUSDT, ATHUSDT, AVAAIUSDT, AVAUSDT, AWEUSDT, AXLUSDT, BAKEUSDT, BANANAS31USDT, BANANAUSDT, BANDUSDT, BANUSDT, BBUSDT, BEAMUSDT, BICOUSDT, BIOUSDT, BLASTUSDT, BMTUSDT, BNTUSDT, BRETTUSDT, BROCCOLI714USDT, BRUSDT, C98USDT, CATIUSDT, CETUSUSDT, CGPTUSDT, CHESSUSDT, CHILLGUYUSDT, CKBUSDT, COREUSDT, COSUSDT, COWUSDT, CROUSDT, CTKUSDT, CVCUSDT, CYBERUSDT, DEEPUSDT, DEGENUSDT, DEGOUSDT, DEXEUSDT, DFUSDT, DODOUSDT, DOODUSDT, DRIFTUSDT, DUSDT, DYMUSDT, EDUUSDT, EPICUSDT, EPTUSDT, ETHWUSDT, FIDAUSDT, FIOUSDT, FORMUSDT, FORTHUSDT, FUNUSDT, FXSUSDT, GASUSDT, GHSTUSDT, GLMUSDT, GMXUSDT, GRASSUSDT, GRIFFAINUSDT, GTCUSDT, GUSDT, HFTUSDT, HIGHUSDT, HIVEUSDT, HMSTRUSDT, HOOKUSDT, HYPERUSDT, ILVUSDT, IOTXUSDT, IOUSDT, JOEUSDT, JSTUSDT, KDAUSDT, KERNELUSDT, KMNOUSDT, KNCUSDT, LISTAUSDT, LOKAUSDT, LQTYUSDT, LRCUSDT, LSKUSDT, LUMIAUSDT, LUNA2USDT, MANTAUSDT, MAVUSDT, MBOXUSDT, MEMEFIUSDT, METISUSDT, MLNUSDT, MOCAUSDT, MORPHOUSDT, MOVRUSDT, MTLUSDT, MUBARAKUSDT, MYROUSDT, NEIROETHUSDT, NFPUSDT, NILUSDT, NTRNUSDT, OGUSDT, OMNIUSDT, ONEUSDT, ONGUSDT, ONTUSDT, ORCAUSDT, OXTUSDT, PERPUSDT, PHAUSDT, PIPPINUSDT, PIXELUSDT, PLUMEUSDT, POLYXUSDT, PONKEUSDT, PORTALUSDT, POWRUSDT, PROMPTUSDT, PROMUSDT, PUFFERUSDT, QUICKUSDT, RDNTUSDT, REDUSDT, REIUSDT, REZUSDT, RPLUSDT, RVNUSDT, SAFEUSDT, SAGAUSDT, SANTOSUSDT, SCRTUSDT, SCRUSDT, SHELLUSDT, SLERFUSDT, SNXUSDT, SOLVUSDT, SONICUSDT, SPELLUSDT, SSVUSDT, STORJUSDT, SUNUSDT, SUPERUSDT, SWARMSUSDT, SWELLUSDT, SXTUSDT, SYNUSDT, TAIKOUSDT, THEUSDT, TNSRUSDT, TOKENUSDT, TUSDT, TUTUSDT, TWTUSDT, USTCUSDT, USUALUSDT, VANAUSDT, VANRYUSDT, VELODROMEUSDT, VICUSDT, VINEUSDT, VTHOUSDT, WALUSDT, WAXPUSDT, WOOUSDT, XCNUSDT, XVGUSDT, XVSUSDT, YGGUSDT, ZEREBROUSDT
13thALPINEUSDT, B2USDT, B3USDT, BIDUSDT, DOLOUSDT, FHEUSDT, FISUSDT, HAEDALUSDT, JELLYJELLYUSDT, MILKUSDT, OBOLUSDT, PUMPUSDT, SKYAIUSDT, STEEMUSDT, STOUSDT, SYRUPUSDT, VVVUSDT

Category

Max Leverage

Initial Margin Rate

Maintenance Margin Rate

1st

100x

1%

0.5%

2nd

50x

2%

0.6%

3rd

25x

4%

1%

4th

25x

4%

1%

5th

25x

4%

1%

6th

25x

4%

1%

7th

20x

5%

2%

8th

20x

5%

2%

9th

20x

5%

2%

10th

10x

10%

3%

11th

10x

10%

3%

12th

10x

10%

3%

13th

10x

10%

3%

Please note that details of the contracts category may be adjusted based on market conditions.

3.4 Use of TradingView technology

Flipster leverages TradingView technology for showcasing price charts. TradingView, a sophisticated platform designed for traders and investors, is supported with technologies that can be accessed via web browsers, desktop software, and mobile applications. It provides users with real-time data, including the BTC USD chart, the latest financial news, in-depth financial reports, a Stock screener and an Economic calendar.