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.
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.
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.
| Category | Symbol |
|---|---|
| 1st | BTCUSDT, ETHUSDT |
| 2nd | BNBUSDT, DOGEUSDT, SOLUSDT, XRPUSDT |
| 3rd | 1000PEPEUSDT, ADAUSDT, AVAXUSDT, LINKUSDT, LTCUSDT, SUIUSDT, TRXUSDT |
| 4th | 1000SHIBUSDT, DOTUSDT, FILUSDT, PAXGUSDT |
| 5th | AAVEUSDT, ENAUSDT, NEARUSDT, ONDOUSDT, TRUMPUSDT |
| 6th | APTUSDT, ARBUSDT, ATOMUSDT, BCHUSDT, ETCUSDT, HBARUSDT, INJUSDT, OPUSDT, SEIUSDT, TAOUSDT, TONUSDT, UNIUSDT, WIFUSDT, XLMUSDT |
| 7th | 1000FLOKIUSDT, ALGOUSDT, AUSDT, CRVUSDT, FARTCOINUSDT, GALAUSDT, LDOUSDT, SANDUSDT, TIAUSDT, WLDUSDT |
| 8th | 1000BONKUSDT, BOMEUSDT, EIGENUSDT, ENSUSDT, ETHFIUSDT, GRTUSDT, HYPEUSDT, ICPUSDT, JUPUSDT, KAITOUSDT, MKRUSDT, ORDIUSDT, PENDLEUSDT, POLUSDT, RENDERUSDT, SUSDT, VETUSDT, VIRTUALUSDT |
| 9th | 10000SATSUSDT, 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 |
| 10th | 1000LUNCUSDT, 1INCHUSDT, AI16ZUSDT, ARKMUSDT, AXSUSDT, FLOWUSDT, IMXUSDT, JTOUSDT, MASKUSDT, MEWUSDT, MNTUSDT, MOVEUSDT, NOTUSDT, PENGUUSDT, PYTHUSDT, STRKUSDT, TURBOUSDT, ZKJUSDT |
| 11th | AIXBTUSDT, 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 |
| 12th | 1000000BABYDOGEUSDT, 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 |
| 13th | ALPINEUSDT, 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.