Along with our already dwell futures contract (ARBUSDTM23), BitMEX customers can now commerce ARB with as much as 50x leverage through two new listings – ARBUSD and ARBUSDT.
If you haven’t yet signed up for a BitMEX account, you can do so here.
ARBUSD Quanto Contract Specs
As with all quanto contracts, the ARBUSD product has a set Bitcoin multiplier, whatever the ARB/USD worth. This permits merchants to lengthy or brief the ARB/USD trade fee with out ever touching ARB or USD.
Merchants can submit margin in XBT, and earn or lose in XBT because the ARB/USD fee modifications. This quanto threat premium could also be one of many components that leads to the ARBUSD swap buying and selling at a premium/low cost to the ARBUSD spot worth.
For a proof of the identical idea, check out this blog post referencing ETHUSD.
Key contract particulars for our ARB itemizing:
Image: ARBUSD
Margin forex: XBT
Bitcoin Multiplier: 0.00001 XBT (1,000 Satoshis)
XBT Contract Worth: ARBUSD Worth * Bitcoin Multiplier (1,000 Sat / 1 USD)
Underlying: .BARB
Max Leverage: 50x
Danger restrict: 50 XBT
Maker Payment: 0.02%
Taker Payment: 0.075%
Base Preliminary Margin: 2.00%
Base Upkeep Margin: 1.00%
You may commerce the ARBUSD perpetual contract here, or take a look at the total contract specs here.
ARBUSDT Linear Contract Specs
ARBUSDT is a linear perpetual swap, margined in USDT. This permits customers to realize publicity to the worth of the ARB token and commerce it with leverage, without having to have ARB holdings.
Key contract particulars for our ARBtoken itemizing:
Image: ARBUSDT
Margin forex: USDT
Contract Dimension: 0.001 ARB
Lot Dimension: 100
Minimal Commerce Quantity: 0.1 ARB
Underlying: .BARBT
Max Leverage: 33x
Danger restrict: 1,000,000 USDT
Maker Payment: 0.02%
Taker Payment: 0.075%
Base Preliminary Margin: 3.00%
Base Upkeep Margin: 1.50%
You may commerce the ARBSDT perpetual contract here, or take a look at the total contract specs here.
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Within the meantime, when you have any questions please contact Support.
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