📝 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:
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
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