Please note BitMEX does not support old browsers.
We recommend upgrading to the latest version of Opera, Firefox, or Chrome.

BitMEX trading is not available in your region

AllXBTUSDT36953.0+1.93%XBTUSD36937.0+1.91%XBTEUR33114.5+1.85%XBTUSDTH2237524.5+1.81%XBTH2237113.0+1.91%XBTM2237654.5+1.64%XBTG2236900.0+1.44%ADAUSDT1.0302-3.82%ADAUSD1.0345+0.37%ADAH220.00002782-2.73%AVAXUSD65.114-1.28%AXSUSD45.21-5.04%BCHUSDT286.80+1.68%BCHUSD289.65+0.03%BNBUSDT385.83+3.66%BNBUSD385.28+4.09%DOGEUSDT0.14041-0.59%DOGEUSD0.14064-0.66%DOTUSDT17.991+0.28%DOTUSD18.009+0.03%EOSUSD2.2505+1.96%ETHUSDT2468.25+0.49%ETHUSD2471.35+0.72%ETHUSDTH222495.20+0.95%ETHUSDH222671.70+0.40%ETHH220.06726-0.93%FTMUSDT2.0759-3.55%LINKUSD15.740+3.59%LTCUSDT106.93-0.54%LTCUSD106.99-0.41%LUNAUSD49.127-15.78%MANAUSDT2.2671+1.23%MATICUSDT1.6292+0.69%SANDUSDT3.4710-1.62%SOLUSDT91.71+2.42%SOLUSD91.25+1.39%SHIBUSDT0.000020866-0.53%XRPUSDT0.6016-1.07%XRPUSD0.6030-0.40%XRPH220.00001607-3.54%.BXBT36951.06+1.93%.BETH2469.61+0.72%.BVOL24H3.98-25.05%Funding: 02:26:34 @ 0.0076%Time: 5:33:25 PM UTC
ADAUSD: Contract Specification
ADAUSD
ADAUSD is in the ADA (Cardano) series.
The quote currency is USD (US Dollar).

Description

ADAUSD is a ADA/USD perpetual contract priced on the .BADA Index. Each contract is worth 0.0001 XBT per $1 price, currently 0.00010326 XBT.

Funding is paid and received every 8 hours. The next payout event is at 8:00 PM UTC.

ADAUSD uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .ADABON8H Index and .USDBON8H Index, and the premium rate is quoted in the .ADAUSDPI8H Index. These are used to calculate the final funding rate.

Today, longs will pay 0.0100%, and shorts will receive 0.0100% at 8:00 PM UTC. BitMEX does not charge fees on funding payments.

Expiry: Perpetual, subject to Early Settlement.Maximum Initial Leverage: 33.33x
Maximum Maintenance Leverage: 66.67x

View the BitMEX Perpetual Contracts Guide

Funding Calculation

More information about the funding rate is available in the Perpetuals Guide.

Interest BaseInterest QuotePremium
Symbols.ADABON8H.USDBON8H.ADAUSDPI8H
Rates0.03%0.06%0.0272%

I = Interest Rate, B = Interest Base, Q = Interest Quote, T = Funding Times Per Day
P = Premium Rate, F = Funding Rate
The Funding Rate is the rate exchanged between users.
The Premium Rate is used to calculate it, adjusted by the Interest Rate by up to 0.05%.

Formula

I = (Q - B) / T
F = P + Clamp(I - P, -0.05%, 0.05%)

Result

I = 0.0100%
I = (0.06% - 0.03%) / 3
F = 0.0100%
F = 0.0272% + Clamp(0.0100% - 0.0272%, -0.05%, 0.05%)

Full Contract Details

Ticker RootADAUSD
Expiry DatePerpetual, subject to Early Settlement
Initial Margin3.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin1.50% + Exit Taker Fee + Funding Rate
Interest Base Symbol.ADABON8H
Interest Quote Symbol.USDBON8H
Funding Premium Symbol.ADAUSDPI8H
Funding Rate0.0100%
Funding Intervalevery 8 hours
Next FundingJan 28, 2022, 8:00:00 PM
Predicted Rate0.0100%
Mark Price1.03260
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0
Fair Basis Rate10%
Fair Basis CalculationThe fair basis on this instrument is determined by an annualized calculation of the funding rate.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest1,184,690
24H Turnover48.9604 XBT
Total Volume125,331,406
TypeSettled in XBT, quoted in USD
Contract Size0.0001 XBT per 1 USD (Currently 0.00010326 XBT per contract)
SettlementThis contract is perpetual and does not settle. Subject to Early Settlement.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.0001 USD
Minimum Trade Amount1 Cont
Max Price10,000
Max Order Quantity500,000
Lot Size1