📝 Contract Specification & Offerings

Specifications on trading pairs

🍤 ebi.xyz specialises exclusively in perpetual futures markets, providing traders with continuous exposure to their favourite cryptocurrencies without an expiry date.

At launch, ebi.xyz offers a rich selection of perpetual futures, including major tokens such as BTC and ETH, as well as other popular cryptocurrencies like SOL, AVAX, XRP, and more. In total, we're starting with an exciting array of over 60 tokens, including ORDI, BONK, TIA, and SEI, to name a few.

Below is the generic perpetual contract specifications for BTC-USD used on ebi.xyz:

Market Feature	Detail
Underlying Market	BTC–USD Perpetual Futures
Margin/Settlement Asset	USDT
Tick Size	$1 USDT
Minimum Order Size	0.001 BTC
Quantity Step	0.0001 BTC
Expiry	Perpetual (no expiration)
Maximum Leverage	125x
Initial Margin Requirement	5%
Maintenance Margin Requirement	3%
Mark Price for Liquidations	Trade volume-weighted average of the spot price from major exchanges
Funding	Adjusted hourly, reflected in realised PnL, based on an 8-hour funding rate
Contract Loss Mechanism	Deleveraging, with an insurance fund as the primary backstop
Trading Hours	24/7/365