| USDⓈ-M Perpetual Contract | XCNUSDT |
| Underlying Asset | XCN |
| Settlement Asset | USDT |
| Tick Size | 0.00001 |
| Capped Funding Rate | 2.0000% / -2.0000% |
| Funding Fee Settlement Frequency | every 4 hours |
| Maximum Leverage | 25x |
-
The maximum funding rate of the XCN Perpetual Contract at the time of launch is 2.0000% / -2.0000%
To protect user rights and interests and mitigate risks under extreme market conditions, Toobit may periodically adjust parameters for perpetual contracts based on market risk assessments. These adjustments may include but are not limited to: minimum price movement unit, maximum leverage, initial margin, maintenance margin, and funding rates. No separate announcements will be issued for such parameter updates. For the latest details, please refer to the specifications on the trading interface.
X: https://x.com/Toobit_official
Telegram: https://t.me/Toobit_EN
Discord: https://discord.com/invite/vvxTuGTz
YouTube: https://www.youtube.com/@Toobit_official
Reddit: https://www.reddit.com/r/toobit/
Facebook: https://www.facebook.com/toobitofficial
Medium: https://medium.com/toobit-exchange