Tick Size Changes on XBTUSDT and ETHUSDT Are Coming

The Minimum Price Increments for the Bitcoin (XBTUSDT) and Ethereum (ETHUSDT) perpetual swaps will be reduced as per below on 5 February 2024 at 04:00:00 UTC.

Perpetual swap

Current Minimum Price Increment (USDT)

Minimum Price Increment (USDT) starting5 February 2024 04:00:00 UTC

XBTUSDT

0.5

0.1

ETHUSDT

0.05

0.01

TheMinimum Price Increment (Tick Size)is the smallest increment by which the price of a contract can move.A smaller Minimum Price Increment can theoretically lead to reduced bid-offer spreads, useful for price takers when crossing the spread to trade.In the meantime, if you have any questions please contact Support.

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BitMEX

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perpetualmarkettechnical-analysisfuturestrading