Menu

Contracts

ZUBR Perpetual is a derivative product in the form of a future contract with no expiration date.

Perpetual Contracts with Up to 20x Leverage

ZUBR Perpetual is a derivative product in the form of a future contract with no expiration date. Each ZUBR Perpetual is based on its corresponding proprietary composite ZUBR Index derived from the prices of instruments traded on a number of different cryptocurrency spot markets with outliers filtered out.

To make the price of the ZUBR Perpetual closely follow the price of the underlying ZUBR Index we rely on an adjustment mechanism. If the price of ZUBR Perpetual is higher than that of the corresponding ZUBR Index, traders holding a long position will be paying a respective BTC compensation to the traders holding a short position every 5 minutes. The opposite logic applies when the price of ZUBR Perpetual is lower than that of the corresponding ZUBR Index. This price adjustment mechanism ensures that the price of the ZUBR Perpetual stays close to the underlying asset price even though ZUBR Perpetual is never actually settled.

Contracts Specification
instrumentBTCUSDETHUSDETHBTC
Settled inBitcoinBitcoinBitcoin
Contract size1 USD0.000001 BTC1 ETH
Price step0.10.010.00001
Max leverage20x10x10x
Trading hours24 hours 7 days per week
Funding periodEvery 5 minutes
Maker/Taker feeOnly 0.01% or 1 basis point
Price BandMark Price ± 5%
Risk Limits
instrumentMax Risk LimitIMLPLMLFLML
BTCUSD
100 BTC
5%2%1%
ETHUSD
50 BTC
10%2%1%
ETHBTC
50 BTC
10%2%1%
Cookie

By using this website you agree to the use of cookies