Perpetual Specifications

Perpetuals are a derivative akin to a future, except without an expiration. A funding rate mechanism helps keep perpetual futures prices close to the spot price of the underlying asset, see Funding and Pricing.

Rysk margins perps within the cross margin framework, where perps are assigned a quote asset value which forms the portfolio of a given sub account. The margin value in the table below refers to the margin factor of an individual perp, but the margin of a perp can be improved if it is a component of a spread, meaning it is a short perp position completely offset by a long spot position.

Contract Type

Perpetual Futures

Underlying Asset

rysk index price (derived from STORK oracle price)

Quote Asset

​USDC​

Contract Size

1 contract = 1 ASSET

Funding Rate

Funding Period

1 hour

Mark Pricing

Minimum Order Value

Given per product​​

Trading Fees

Given per product​​

Initial Margin

Given per product​​

Maintenance Margin

Given per product​​

Max Leverage

Given per product​

Liquidation Fee

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