Futures
Linear Futures
BTSE’s linear futures avoids using unnecessarily complicated calculations to enable better control over your contracts and assets. Every price movement of a contract translates directly into profit-and-loss proportionally making hedging straightforward for traders and eliminates the exchange risk exposure posed by non-linear futures.
Multi-asset Trading
Post margin and settle in either fiat or cryptocurrency, ensuring high liquidity, stability and convertibility via our multiple settlement channels.
Multi-asset Collateral Posting
Fully maximize your assets with BTSE’s multi-asset collateralization. Traders can post margin with any combination of assets, i.e. both fiat and crypto-assets simultaneously across all markets.
Supported currencies: USD, EUR, GBP, JPY, CNY, HKD, SGD, CAD
Supported coins: USDT, BTC, ETH, LTC, USDC, TUSD
Superior Margin Control
Traders can benefit from volatile markets without being susceptible to the volatility of cryptocurrencies.
Our multi-asset wallet supports the addition and removal of multiple collateralized assets on the fly, providing users with greater flexibility and ease of asset management.
High Leverage Support
Add more firepower to your capital with up to 100x leverage across most markets.
Contracts Specifications
Bitcoin
(BTC)
Tether
(USDT)
Ethereum
(ETH)
Litecoin
(LTC)
Monero
(XMR)
BTSE-BNC
Composite
Index (BBCX)
BNC-BTSE
Alt Coin Index
(BBAX)
Contract TimeframePerpetual
Quarterly
Monthly
PerpetualPerpetual
Quarterly
Monthly
Perpetual
Quarterly
Monthly
Quarterly
Monthly
Quarterly
Monthly
Quarterly
Monthly
Expiration DatePerpetual: No expiration date
Quarterly: 08:00 UTC of the expiration date (second last Friday of the quarter).
Monthly: 08:00 UTC of the expiration date (second last Friday of the month).
Currency pairBTC-USDUSDT-USDETH-USDLTC-USDXMR-USDBBCX-USDBBAX-USD
Quote currencyUSD
Underlying coinBTCUSDTETHLTCXMRBTC 60%
ETH 33.25%
LTC 6.75%
ETH 40%
XRP 34.1%
LTC 13.1%
EOS 12.8%
Underlying AssetBTSE-BTC IndexBTSE-USDT IndexBTSE-ETH IndexBTSE-LTC IndexBTSE-XMR IndexBTSE-BNC
BBCX Index
BTSE-BNC
BBAX Index
Index Price SourceBitfinex
Bitstamp
Bittrex
Coinbase Pro
Kraken
Kraken 100%Bitfinex
Bitstamp
Coinbase Pro
Kraken
Bitfinex
Bitstamp
Coinbase Pro
Kraken
Bitfinex 50%
Kraken 50%
Brave New Coin 100%Brave New Coin 100%
Instrument TypeLinear
Max Leverage100x20x50x50x20x50x50x
Initial Margin1.00%5.00%2.00%2.00%5.00%2.00%2.00%
Maintenance Margin0.50%4.50%1.50%1.50%4.50%1.50%1.50%
*Funding MechanismBTC-USD interest rate differential and premium indexUSDT-USD interest rate differential and premium indexETH-USD interest rate differential and premium indexLTC-USD interest rate differential and premium indexN/AN/AN/A
*Funding IntervalEvery 8 hours at 0800, 1600, 2400 UTCN/AN/AN/A
*Funding ConditionOnly pay or receive funding when holding a position at one of funding intervalN/AN/AN/A
Mark PriceAdjusted price of BTSE-BTC index priceAdjusted price of BTSE-USDT index priceAdjusted price of BTSE-ETH index priceAdjusted price of BTSE-LTC index priceAdjusted price of BTSE-XMR index priceAdjusted price of BTSE-BNC BBCX index priceAdjusted price of BTSE-BNC BBAX index price
Mark MethodMarked to mark price
Mark Price FormulaPerpetual Futures Mark Price = (Spot Liquidity Mid Price x 75%) + (BTSE Impact Mid Price x 25%)
Time-Based Futures Index Price = (BTSE Time-based Futures Index Price x 75%) + (Liquidity Mid Price of BTSE Time-base Futures Market x 25%)
Auto-Deleveraging EnabledYes. On market liquidation and smart auto deleveraging (ADL)
Tick size0.50.50.050.050.010.050.05
Contract Size0.001 BTC10 USDT0.01 ETH0.01 LTC0.01 XMR$0.01 per index point$0.01 per index point
Min Order Size1 contract1 contract1 contract1 contract1 contract1 contract1 contract
Max Order Size50,000 contracts100,000 contracts100,000 contracts100,000 contracts100,000 contracts100,000 contracts100,000 contracts
Max Position Size1,000,000 contracts2,000,000 contracts500,000 contracts500,000 contracts1,000,000 contracts500,000 contracts500,000 contracts
API SupportedREST and WebSocketREST and WebSocketREST and WebSocketREST and WebSocketREST and WebSocketREST and WebSocketREST and WebSocket
FeesTaker fee: 0.06%
Maker fee: -0.01%
(Both the enter and settle positions will be charged trading fees)
Margin AssetUSD, EUR, GBP, JPY, HKD, SGD, CAD, AED, AUD, USDT, USDC, TUSD, BTC, ETH, LTC, XMR, DC
Settlement MethodUSD, BTC, USDT, USDC, TUSDUSD, BTC, USDT, USDC, TUSDUSD, BTC, ETH, USDT, USDC, TUSDUSD, BTC, LTC, USDT, USDC, TUSDUSD, BTC, XMR, USDTUSD, BTC, LTC, USDT, USDC, TUSDUSD, BTC, LTC, USDT, USDC, TUSD
Trading Hours24*7*365, excluding maintenance
Note: Fields marked with a star (*) are for perpetual contracts use only