Binance Futures is launching a new financial instrument called USDⓈ-M ARK perpetual contracts, offering traders a maximum leverage of 10x in the crypto market.
Here are the key details of the ARK perpetual contract:
- Underlying Asset: ARK
- Settlement Currency: USDT
- Precision: Tick size of 0.0001
- Leverage: Up to 10x
- Availability: 24/7 trading
- Funding Rate: Capped at ±3.00%
- Margin Requirements: Minimum maintenance margin rate is 3.00%
- Multi-Assets Mode: Supported
The introduction of Multi-Assets Mode allows users to utilize various margin assets, such as BTC, to trade the ARK perpetual contract.