1. What are perpetual contracts?

     A perpetual contract is a type of derivatives contract with no expiration date. Traders can hold positions indefinitely without having to close them for delivery.

2. Funding rate mechanism

     Perpetual contracts use a funding rate mechanism to keep prices aligned with the underlying asset's spot price. When perpetual trades above the spot price, longs pay shorts a funding fee. When it trades below spot, shorts pay longs. This funding mechanism helps the contract price stay close to the spot price over time.

3. Leverage

     Perpetual contracts allow traders to use leverage, magnifying both potential profits and losses. Higher leverage increases both reward and risk, so please choose carefully based on your risk tolerance.

4. Risk controls and liquidation

     Traders must post collateral (margin) to open and maintain positions. If margin falls below the required level, positions may be automatically liquidated, resulting in a loss of collateral.

5. Opening a position

     Perpetual contracts are derivatives that let you trade without owning the underlying asset. You can take long or short positions just based on where you think the price will go.

You may also refer to : 

Introduction to OSL Futures

Futures trading guide

Futures trading rules

Funding fee calculationRisk limits

Futures order types

If you experience any issues or require further assistance, please contact the OSL Global Support Team through the app, platform, or by emailing [email protected]