Perpetual Contract. 4.2. 1 A Perpetual Contract is a product similar to a traditional futures Contract in how it trades, but does not have an expiry date. Perpetual Contracts trade like spot, tracking the underlying Index Price closely. It achieves this via the mechanics of a Funding component, that is, users who hold a position over the funding time stamp either pay or receive funding based on a funding rate and your position value.
Appears in 3 contracts
Samples: User Agreement, User Agreement, User Agreement
Perpetual Contract. 4.2. 1 A Perpetual Contract is a product similar to a traditional futures Contract in how it trades, but does not have an expiry date. Perpetual Contracts trade like spot, tracking the underlying Index Price closely. It xxxxxxx.Xx achieves this via the mechanics of a Funding component, that is, users who hold a position over the funding time stamp either pay or receive funding based on a funding rate and your position value.
Appears in 2 contracts
Samples: User Agreement, User Agreement
Perpetual Contract. 4.2. 1 4.2.1 A Perpetual Contract is a product similar to a traditional futures Contract in how it trades, but does not have an expiry date. Perpetual Contracts trade like spot, tracking the underlying Index Price closely. It achieves this via the mechanics of a Funding component, that is, users who hold a position over the funding time stamp timestamp either pay or receive funding based on a funding rate and your position value.
Appears in 1 contract
Samples: User Agreement