Toobit Futures launched the ARKM,STRK,VET,DYM Perpetual Contract on Feb 22nd, 2024 (UTC), with up to 50 leverage.
More details on the ARKM,STRK,VET,DYM Perpetual Contract can be found in the table below:
| USDⓈ-M Perpetual Contract | ARKMUSDT | STRKUSDT | VETUSDT | DYMUSDT |
| Launch Time | 08:05pm (UTC) Feb 22nd, 2024 | 08:25pm (UTC) Feb 22nd, 2024 | 08:20pm (UTC) Feb 22nd, 2024 | 08:25pm (UTC) Feb 22nd, 2024 |
| Underlying Asset | ARM | STRK | VET | DYM |
| Settlement Asset | USDT | USDT | USDT | USDT |
| Tick Size | 0.0001 | 0.0001 | 0.00001 | 0.001 |
| Capped Funding Rate |
3.0000% / -3.0000%
|
2.0000% / -2.0000%
|
0.4500% / -0.4500%
|
2.0000% / -2.0000%
|
| Funding Fee Settlement Frequency | Every eight hours | Every four hours | Every eight hours | Every four hours |
| Maximum Leverage | 20x | 50x | 50x | 50x |
| Trading Hours | 24/7 | 24/7 | 24/7 | 24/7 |
-
The maximum funding rate of the ARKM Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the STRK Perpetual Contract at the time of launch is 2.0000% / -2.0000%
-
The maximum funding rate of the VET Perpetual Contract at the time of launch is 0.4500% / -0.4500%
-
The maximum funding rate of the DYM Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, Toobit may adjust the specifications of the ARKM,STRK,VET,DYM 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.
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