Perpetual futures

Perpetual futures are contracts that track an asset's price with no expiry date. Expiry is what pulls a normal future to the real price, which the Module 0 quiz ends on, so a perpetual needs something else: a funding payment between longs and shorts. One perpetual trade, start to finish; why a perp is NSE, the broker and the clearing house in one; what Mochatrade contracts are.

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In the help centreLearn what a perpetual contract is on Mochatrade
  • Funding rateThe funding rate is the periodic payment between longs and shorts that keeps a perpetual near the real price: above…
  • Perpetual premium (basis)The perpetual premium, or basis, is the gap between a perpetual's price and its reference. A positive premium means…
  • Round-trip trading costRound-trip cost is everything a trade costs from entry to exit: the spread twice, the fee twice, slippage, and funding…
  • Maker and taker feesA maker fee is charged when your order rests on the book and adds liquidity; a taker fee when it fills against a…
  • Strike price and expiryThe strike price is where an option pays; expiry is when a contract ends. Expiry is what ties a future to the real…
  • Cost of carryCost of carry is what it costs to hold a position over time: storage, insurance and interest, minus any income. It is…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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