Learn everything about Perpetual Contracts & Hybrid Swap
Summary Content: What is Futures trading? Difference between Spot and Futures trading What is Perpetual Contracts? Benefits of BiKi Perpetual Contracts What is Leverage? How does BiKi Perpetual Contracts work? How to start BiKi Perpetual… Read More »A Complete Guide to BiKi Perpetual Contracts
Using Isolated Margin means that a trader can only lose his initial margin for that specific position order. Example: When Bianca places 100 USDT to open a position using Isolated Margin, she will lose a… Read More »What is Cross Margin and Isolated Margin?
For example of Bianca taking position with Market Order of 100 USDT with 50x leverage = 5,000 USDT in value Open position (fee charged) = 5000 * 0.06% = 3USDT Close position (fee charged) =… Read More »How are Fees Calculated?
Maker (make orders) A Maker is one who places an order in the market (usually a limit order with a specified price) and waits for other users to match their orders with it. If no… Read More »What is Maker and Taker Fees?
The estimated order cost is displayed in real time after entering order details. Order Cost = Initial Margin + Opening Position Taker Fee + Closing Position Taker Fee
The Funding Fee is a mechanism to anchor the perpetual contracts price to the spot price, here’s how it works: If perpetual contracts trading price is above the spot price, long position traders will pay… Read More »What is Funding Fee? BiKi Perpetual Contracts
Leverage is using your existing capital to borrow funds to open a position. This increases your reward and also your risk. Note that traders will not lose more than their capital. The higher the leverage,… Read More »What is Leverage? BiKi Perpetual Contracts
What is Limit Order? A limit order allows traders to preset their order price, size and leverage. Orders will be executed when market price matches or exceeds the preset price. Traders who choose this option usually are… Read More »What is Limit Order, Market Order, Stop Order?
In simplified explanation: An open long position means the trader thinks, or hopes, that the current price of the market will rise and wants to take a long position to profit from the market movement.… Read More »What is Buy Order, Open Long vs Sell Order, Open Short
An Order Book is a list of buy and sell orders, organised by price level. This list helps improve market transparency as they provide information on price, availability, depth of trade. It is dynamic and… Read More »What is an Order Book? BiKi Perpetual Contracts
USDT perpetual contracts is a linear contract and uses stablecoin, which in this case is the USDT as margin. USDT, as both quote and settlement currency for all the USDT contracts, will be the only… Read More »What Are USDT Perpetual Contracts?
Liquidation price is calculated based on the trader’s selected leverage, maintenance margin and entry price. After opening your position, you can view the Liquidation Price LIVE as seen as image below.
