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AllXBTUSDT23841.0-1.19%XBTUSD23842.0-1.23%XBTEUR23501.5-0.81%XBTU2223874.0-1.31%XBTQ2223870.0-1.24%XBTZ2224172.5-0.66%XBTH2324285.0-1.12%XBTUSDTU2224136.0-4.48%XBTUSDTZ2224500.0+0.00%ADAUSDT0.5553-0.25%ADAUSD0.5523-1.52%ADAU220.00002301+0.04%APEUSDT6.237-2.58%APEUSD6.281-0.30%AVAXUSDT28.260+1.99%AVAXUSD27.565-1.59%AXSUSD18.03-1.90%ALTMEXTUSDT54.00+0.00%DEFIMEXTUSDT50.00+0.00%METAMEXTUSDT44.00+0.00%BCHUSDT135.75+1.12%BCHUSD136.00+0.04%BNBUSDT315.25-0.56%BNBUSD315.02-1.35%USDBRL5.2306+0.00%USDTBRL39.0000+0.00%USDCHF0.94530+0.00%EURCHF0.97388+0.00%USDTCHF0.94347+0.00%USDCNH6.7800+0.00%USDTCNH6.7493+0.00%DOGEUSDT0.08743+14.02%DOGEUSD0.08752+13.68%DOTUSD8.758-1.71%DOTUSDT8.761-0.75%EOSUSDT1.2900+2.55%EOSUSD1.2843+0.74%ETHUSDT1876.75-1.84%ETHUSD1877.65-1.97%ETHUSD_ETH1881.55-1.91%ETHUSDTU221860.00-0.80%ETHUSDU22_ETH1863.60-6.01%ETHUSDU221955.00-2.57%ETHU220.07794-0.17%ETHUSDZ222133.95+4.61%ETHZ22--.-+0.00%ETHUSDZ22_ETH--.-+0.00%ETHUSDTZ22--.-+0.00%ETHPOWZ2260.00+0.00%EURUSD1.01707-0.39%EURTRY18.2480-1.24%EURUSDT1.02613+0.00%FTMUSDT0.3669-3.04%GALUSDT3.2888+0.82%GALUSD3.2921-1.41%GMTUSDT1.0791+7.00%GMTUSD1.0802+5.11%USDINR79.000+0.00%USDTINR11.120+0.00%LINKUSDT8.623-0.86%LINKUSD8.475-2.81%LTCUSDT60.73-1.38%LTCUSD60.79-1.78%LUNAUSDT2.0010-1.35%LUNAUSD1.9829-1.15%MANAUSDT1.0400-1.29%MATICUSDT0.9421-1.99%USDMXN19.950-1.38%USDTMXN19.830+0.00%NEARUSDT5.375-2.40%NEARUSD5.476-0.73%NZDUSD0.62956+0.00%NZDUSDT0.64105+0.00%OPUSDT1.4675-1.12%OPUSD1.5000+1.10%SANDUSDT1.2821-2.13%USDSEK10.0895+0.00%USDTSEK10.1300+0.00%SOLUSDT42.92-2.92%SOLUSD42.96-3.00%USDTTRY17.9099-0.21%USDTRY18.0258+0.72%SHIBUSDT0.000015889-1.74%TRXUSD0.06882+0.54%TRXUSDT0.06837-0.78%XRPUSD0.3741+0.51%XRPUSDT0.3733+1.00%XRPU220.00001557+1.83%USDZAR16.5542+0.00%USDTZAR16.5987+0.00%.BXBT23857.08-1.21%.BETH1875.63-2.01%.BVOL24H2.30-16.67%Funding: 05:58:21 @ 0.0100%Time: 2:01:38 PM UTC
NZDUSDT: Contract Specification
NZDUSDT is in the NZD (New Zealand Dollar) series.
The quote currency is USDT (Tether).


NZDUSDT is a NZD/USDT perpetual contract priced on the .BNZDUSDT Index. Each contract has a value equal to its price in Tether.

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

NZDUSDT uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .NZDBON8H Index and .USDTBON8H Index, and the premium rate is quoted in the .NZDUSDTPI8H Index. These are used to calculate the final funding rate.

Today, longs will receive 0.0000%, and shorts will pay 0.0000% at 8:00 PM UTC. BitMEX does not charge fees on funding payments.

Expiry: Perpetual, subject to Early Settlement.Maximum Initial Leverage: 50x
Maximum Maintenance Leverage: 100x

View the BitMEX Perpetual Contracts Guide

Funding Calculation

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

Interest BaseInterest QuotePremium

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%.


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


I = 0.0000%
I = (0.06% - 0.06%) / 3
F = 0.0000%
F = 0.0000% + Clamp(0.0000% - 0.0000%, -0.05%, 0.05%)

Full Contract Details

Ticker RootNZDUSDT
Expiry DatePerpetual, subject to Early Settlement
Initial Margin2.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin1.00% + Exit Taker Fee + Funding Rate
Interest Base Symbol.NZDBON8H
Interest Quote Symbol.USDTBON8H
Funding Premium Symbol.NZDUSDTPI8H
Funding Rate0.0000%
Funding Intervalevery 8 hours
Next FundingAug 16, 2022, 8:00:00 PM
Predicted Rate0.0000%
Mark Price0.63392
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0
Fair Basis Rate0%
Fair Basis CalculationThe fair basis on this instrument is determined by an annualized calculation of the funding rate.
Risk Limit1,000,000 USDT
Risk Step1,000,000 USDT
Open Interest11,260
24H Turnover0.00 USDT
Total Volume22,540
TypeSettled in USDT, quoted in USDT
Contract Size1 NZD (Currently 0.633920 USDT per contract)
SettlementThis contract is perpetual and does not settle. Subject to Early Settlement.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.00001 USDT
Minimum Trade Amount10 NZD
Max Price1,000
Max Order Quantity5,000,000
Lot Size10