Dear Toobit Users,
Toobit Futures launched the RUNE Perpetual Contract and STG Perpetual Contract at 10:30 am, Oct 20th, 2023 (UTC), with up to 50 leverage.
More details on the RUNE & STG Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | RUNEUSDT |
| Launch Time | 10:30 (UTC) Oct 20th, 2023 |
| Underlying Asset | RUNE |
| Settlement Asset | USDT |
| Tick Size | 0.001 |
| Capped Funding Rate | 0.7500% / -0.7500% |
| Funding Fee Settlement Frequency | Every eight hours |
| Maximum Leverage | 50x |
| Trading Hours | 24/7 |
| USDⓈ-M Perpetual Contract | STGUSDT |
| Launch Time | 10:30 (UTC) Oct 20th, 2023 |
| Underlying Asset | STG |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Capped Funding Rate | 1.5000% / -1.5000% |
| Funding Fee Settlement Frequency | Every eight hours |
| Maximum Leverage | 25x |
| Trading Hours | 24/7 |
Please Note:
-
The maximum funding rate of the RUNE Perpetual Contract at the time of launch is 0.7500% / -0.7500%.
- The maximum funding rate of the STG Perpetual Contract at the time of launch is 1.5000% / -1.5000%
-
The funding fee settlement frequency is every 8 hours.
| Settlement Time |
| 2023-10-20 16:00 (UTC) |
| 2023-10-21 00:00 (UTC) |
| 2023-10-21 08:00 (UTC) |
| 2023-10-21 16:00 (UTC) |
| .............. |
Based on market risk conditions, Toobit may adjust the specifications of the BIGTIME & LOOM Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
We at Toobit would like to thank you for your continuous support. Toobit believes in building a crypto ecosystem in a way that promotes transparency and long-term, sustainable growth, and we implore you to undergo this journey with us. Trade safely and wisely.
More Listing Information: