A permanent contract, as its name implies, is a contract that has always existed. For example, most contracts played on the OK platform are futures contracts, including quarterly contracts and weekly contracts. Of course, many platforms have also launched perpetual contracts this year to make up for the shortcomings of the contracts.
Detailed calculation of leverage profit of permanent contract
Suppose we take BTC 18000U as the price standard, borrow 10000USDT as leverage, and open a general contract equivalent to 10000USDT at the same time to earn the interest rate of the contract funds.
Assuming that Bitcoin rises 10% after 8 hours, we earn 10% to 0.0 1%/3 on the leverage side, which is about 9.99% of the profit, while the accumulated contract loss is 10% minus 0.091%= 9.
On the other hand, if BTC drops by 10%, the leverage loss will be 10.0 1%, while the contract gain will be 10.095438+0%, and the profit will be 0.08 1%. That is to say, if the principal/kloc is-0/00 USD and the leverage/kloc is-0/00 times, you can earn 8 USD in 8 hours, which translates into at least 8% daily income.
The arbitrage between leverage and contract is relatively stable. Pay attention to the 8-hour rate update time, and at the same time, it is not appropriate to open large leverage to avoid a sudden market outbreak. Leverage can also choose to borrow money in the last hour before leverage settlement to reduce the interest on handling fees.