MEXC Perpetual Contract

A Perpetual Contract is a derivative product that is similar to a traditional futures contract. Unlike a traditional futures contract, there is no expiry or settlement date.

How exactly perpetual contract is working?

MEXC Global perpetual contract uses a special funding cost mechanism to ensure that the contract price tracks the underlying price closely. If you want to trade this contract please visit MEXC Contract (Futures) trading pages.

When trading perpetual contracts, a user needs to be aware of these market mechanisms:

  1. Position Marking: Perpetual Contracts adopt fair price marking. The fair price determines unrealized Profits and Losses (PnL) and liquidation prices.
  2. Initial and maintenance margin: These margin levels determine the trader’s leverage and the point at which forced liquidation occurs.
  3. Funding: Periodic payments exchanged between the buyer and seller every 8 hours to ensure the contract price tracks underlying prices closely. If there are more buyers than sellers, the longs will pay the funding rate to the shorts. This relationship is reversed if there are more sellers than buyers. You will only be entitled to receive or obliged to pay the funding rate if you hold a position at specific Funding Timestamps.
  4. Funding Timestamps: 04:00 SGT, 12:00 SGT and 20:00 SGT.

Ready to go next?

Now you know how MEXC Perpetual contract works. Looking for how to start with trading or participate in earning events on MEXC? In the MEXC Academy products section, you can explore both MEXC product descriptions and trading tips. If you are looking for news and industry events, visit MEXC Blog and MEXC TV.

Start your crypto trading journey with MEXC Global Exchange


The content of this webpage is not investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives, and specific financial circumstances. Investment involves risk.

Please note that the information and data above are cited from third-party sources & whitepapers and do not represent MEXC. Please refer to direct sources for more details. This is not financial advice and does not constitute an offer or solicitation to offer or recommend any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives, and specific financial circumstances. Investment involves risk.

This disclaimer informs readers that the MEXC Creator’s content, views, thoughts, and opinions expressed in the articles belong solely to the creators and authors, and not to MEXC Global itself. MEXC Global doesn’t give any investment recommendations or advice.

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