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Perps specification

BTC perpetual contract specification:

Underlying asset
Flux BTC/USD Index
Ticker
BTC‑PERP
Trading pair
BTCUSDC
Quantity step
0.0001
Max position
100 BTC
Trading schedule
24/7
Tick size
1 USDC
Futures price (currency)
USDC
Expiry time
No expiry
Expiration price
Margin type (currency)
USDC (SPIN, DAI, BTC, ETH, NEAR to be added in v.2.5)
Margin ratio
10%
Mark price
The price at which the contract is priced during trading. The mark price may differ from the actual bidding price.
Settlement type (currency)
USDC
Fees
Taker = 0.1%, Maker = -0.05% excluding SPIN staking or holding discounts and trading volumes
Liquidation fee
2.5%
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