Toobit Futures launched the NFP Perpetual Contract and GRT Perpetual Contract on Jan 5th, 2024 (UTC), with up to 50 leverage.
More details on the GRT Perpetual Contract and NFP Perpetual Contract can be found in the table below:
USDⓈ-M Perpetual Contract | GRTUSDT | NFPUSDT |
Launch Time | 10:30am (UTC) Jan 5th, 2024 | 10:30am (UTC) Jan 5th, 2024 |
Underlying Asset | GRT | NFP |
Settlement Asset | USDT | USDT |
Tick Size | 0.00001 | 0.0001 |
Capped Funding Rate | 0.7500% / -0.7500% | 0.7500% / -0.7500% |
Funding Fee Settlement Frequency | Every eight hours | Every four hours |
Maximum Leverage | 50x | 25x |
Trading Hours | 24/7 | 24/7 |
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The maximum funding rate of the GRT Perpetual Contract at the time of launch is 0.7500% / -0.7500%.
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The maximum funding rate of the NFP Perpetual Contract at the time of launch is 0.7500% / -0.7500%
Based on market risk conditions, Toobit may adjust the specifications of the GRT and NFP Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
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There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.
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