Coming soon: Increased minimum price, lot size, default initial margin and maintenance margin changes
Minimum price increase
On September 6, 2024 at 04:00 UTC, the minimum price increase for the following contracts will be reduced as follows:
|
Permanent Swap |
Current minimum price increase (USD) |
Minimum price increase (USD) start |
|
SUIUSDT |
0.001 |
0.0001 |
|
AXSUSD |
0.01 |
0.001 |
|
Arbust |
0.001 |
0.0001 |
|
BomeUSDT |
0.00001 |
0.000001 |
|
BlastUSDT |
0.0001 |
0.000001 |
that Minimum price increase (Tick size) is the smallest unit by which the contract price can fluctuate.
The smaller the minimum price increase, the smaller the bid-ask price difference theoretically is, which can be useful for price takers when trading to overcome price differences.
Lot size
On September 6, 2024 at 04:00 UTC, the lot sizes for the following contracts will be reduced as follows:
|
Permanent Swap |
Current lot size (contract) |
Lot size (contract) start |
|
korean: |
1000 |
100 |
|
CyberUSDT |
10 |
1 |
|
BNBUSDT |
1000 |
100 |
|
Inju USDT |
10 |
1 |
|
Philsdollart |
10 |
1 |
|
TAUSDT |
10 |
1 |
that Lot size Minimum trading unit (number of contracts).
Smaller lot sizes mean that traders can place orders in smaller position sizes and trade these contracts with lower capital requirements.
Basic initial margin and maintenance margin (leverage)
On September 6, 2024 at 04:00 UTC, the default initial margin and maintenance margin requirements for the following contracts will be reduced as follows:
These changes apply to new positions, new orders, and any leverage or risk limit changes that apply to existing positions or orders. Current margin requirements for our products can be found here. here.
|
Permanent Swap |
Basic Maintenance Margin start |
Basic Initial Margin start |
|
INJUSDT, WUSDT, ONDOUSDT, STRKUSDT, DYMUSDT, MEMEUSDT, JUPUSDT, PYTHUSDT, T, 100BONKUSDT, TAIKOUSDT, ZKUSDT, BANANAUSDT, SAGAUSDT |
2% |
4% |
Impact of changes to the default initial margin and maintenance margin for all risk limits (for the above contracts):
- As the initial margin requirements are reduced, Bankruptcy price The average entry price will be closer and the maximum available leverage will increase.
- As the maintenance margin requirements are reduced, the liquidation price gets closer to the bankruptcy price and the amount of maintenance margin lost in the event of liquidation is reduced.
- As the difference between the initial margin and the maintenance margin decreases, the liquidation price becomes closer to the average entry price.
If you have any questions in the meantime, please contact us. Support.