Structure de marché

Perpetual futures

A perpetual contract tracks an asset without expiry.

Reference note · Sources below

Les enquêtes et les fiches de référence sont publiées en anglais. La navigation est disponible en sept langues.

Personnes et projets

Dans cet article

A perpetual contract tracks an asset without expiry.

Margin, mark, funding and liquidation add risks absent from spot custody.

Read venue-specific calculation rules.

Structure de marché

Funding helps align a perpetual contract with its reference market, but it also changes the cost of holding a trade.

Structure de marché

The chain and contract or mint establish which token is being discussed.

Structure de marché

Profitable positions are reduced when the venue cannot absorb another account's deficit.

Structure de marché

One economic position is split across many addresses to imitate distribution.