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ETHUSD_ETH is a ETH/USD perpetual contract priced on the .BETH Index. Each contract is worth 1 USD of Ethereum.
Funding is paid and received every 8 hours. The next payout event is at 8:00 PM UTC.
ETHUSD_ETH uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .ETHBON8H Index and .USDBON8H Index, and the premium rate is quoted in the .ETHUSD_ETHPI8H 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.
Maximum Maintenance Leverage: 100x
More information about the funding rate is available in the Perpetuals Guide.
|Interest Base||Interest Quote||Premium|
I = Interest Rate, B = Interest Base, Q = Interest Quote, T = Funding Times Per Day P = Premium Rate, F = Funding Rate
Funding Rateis the rate exchanged between users.
Premium Rateis used to calculate it, adjusted by the
Interest Rateby up to 0.05%.
I = (Q - B) / T
F = P + Clamp(I - P, -0.05%, 0.05%)
I = 0.0100%I = (0.06% - 0.03%) / 3F = 0.0100%F = 0.0101% + Clamp(0.0100% - 0.0101%, -0.05%, 0.05%)
Full Contract Details
|Expiry Date||Perpetual, subject to Early Settlement|
|Initial Margin||2.00% + Entry Taker Fee + Exit Taker Fee|
|Maint. Margin||1.00% + Exit Taker Fee + Funding Rate|
|Interest Base Symbol||.ETHBON8H|
|Interest Quote Symbol||.USDBON8H|
|Funding Premium Symbol||.ETHUSD_ETHPI8H|
|Funding Interval||every 8 hours|
|Next Funding||Nov 27, 2022, 8:00:00 PM|
|Auto-Deleveraging Enabled||Yes: This contract is highly speculative and manages loss through auto-deleveraging.|
|Fair Basis Rate||10%|
|Fair Basis Calculation||The fair basis on this instrument is determined by an annualized calculation of the funding rate.|
|Risk Limit||200 ETH|
|Risk Step||200 ETH|
|24H Turnover||44.99511977 ETH|
|Type||Settled in ETH, quoted in USD|
|Contract Size||1 USD (Currently 0.000824769 ETH per contract)|
|Settlement||This contract is perpetual and does not settle. Subject to Early Settlement.|
|Commission||See the Fees Reference for more details.|
|Minimum Price Increment||0.05 USD|
|Minimum Trade Amount||1 USD|
|Max Order Quantity||100,000,000|