For an Inverse Perpetual contract, the underlying asset varies while the settlement and pricing coin are both BTC. For example, in a BTC/USDT Inverse Perpetual, BTC is the underlying asset as well as the pricing and settlement coin. In a ETH/USDT Inverse Perpetual, the underlying coin is ETH while the pricing and settlement coin is BTC.
Type | Inverse Perpetual |
Underlying Asset/Code | CHAINEXT Index - USD Quote Index |
Trading Time | 7/24 |
Settlement | Real-time settlement. Only the realized profit & loss can be withdrawn |
Expiry |
Read details in the contract basic reference table |
Quote | |
Min. Price Change | |
Contract Unit | |
Delivery/Expiry | |
Delivery Price | |
Delivery Metho | |
Margin Calculation Tiers | Read details in Risk Limit document. |
Maintenance Margin | 0.5% * Tiers |
Initial Margin | 1% * Tier + Estimated Trading Fee. The buying price higher or the selling price lower than the mark price will be charged with extra margin. |
Fair Marking Price | To avoid unnecessary liquidation, Hoo employes Fair Marking Price to calculate if the margin of their users is enough. Please refer to our Fair Marking Price for details. |
Funding Fee Intervals | / |
Fees | See our Fees document |
Position Limit | Please refer to Risk Limit document. If you would like to increase your quota, please contact Hoo official. |
Max. claiming quantity for a single order | |
Liquidation | If your margin balance is lower than the maintenance margin, you will get liquidated. The rest of the assets will be returned to the user. |
Auto-Deleveraging | The contract is highly speculative. We will employ Auto-Delveraging to avoid system loss. |
Hoo Team
Jan. 9, 2020