AscendEX Futures offers USDT-margined perpetual futures products, commonly known as linear futures. These futures are quoted and settled in USDT. Perpetual futures are financial derivatives that bridge the gap between spot trading and futures contracts. Unlike traditional futures contracts, perpetual futures do not have an expiration or settlement date. As long as the trader's account has sufficient margin to avoid forced liquidation, they can hold long or short positions indefinitely (hence "perpetual").
Perpetual Futures Specification
| Symbol | BTCUSDT, ETHUSDT, etc |
| Term | No expiration date |
| Underlying Asset | BTC, ETH and other base currencies |
| Settlement Currency | USDT |
| Leverage | 1–200X |
| Trading Fee | Trading Fee; Funding Fee |
| Margin Mechanism | Multi-Asset Collateral |
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Quick Guide>
1. AscendEX Futures: Beginners’ Guide
2. Trading specification
- Margin and leverage
- Margin Mode: Cross/Isolated Margin
- Position Mode: One-Way, Hedge, Multi-Position
- Index price & Mark price
- Futures Order Type: Limit order/Market order/Conditional/Trailing stop
- Reduce Only
- TP/SL
- Reverse
- Funding rate
- PnL calculation
- Forced liquidation
- Trading fee rate
3. Copy trading
