What You Need to Know About the ARK Perpetual Contract

Here’s a quick rundown of the key aspects of the newly launched financial product:

• Underlying Asset: ARK
• Settlement Currency: USDT
• Precision: Tick size of 0.0001
• Leverage: Up to 10x
• Availability: Round-the-clock trading
• Funding Rate: Capped at ±3.00%
• Margin Requirements: Minimum maintenance margin rate is 3.00%
• Multi-Assets Mode: Yes, it’s supported

A Word of Caution

Please be aware that Binance reserves the right to alter the contract specifications based on prevailing market conditions. This can include changes to the funding rate, tick size, leverage limits, and margin requirements. Also, all trades are governed by the Binance Terms of Use and the Binance Futures Service Agreement.

Multi-Asset Trading Flexibility

The introduction of Multi-Assets Mode means users can employ various margin assets while trading the ARK perpetual contract. For instance, you can leverage your BTC holdings as margin for this specific trading activity.

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