USDT-Margined Futures Price Limit Rules

To prevent the market from malicious manipulation, HTX limits the position opening and closing prices of all USDT-margined futures contracts. The specific rules are as follows:

  • Example: BTC Futures Price Limits

Contract

Hard Price Limit

Non-Basis Price Limit

Basis Price Limit

Highest Bid Price

Lowest Ask Price

Highest Bid Price

Lowest Ask Price

Highest Bid Price

Lowest Ask Price

BTC Perpetual

6.0%

6.0%

4.0%

4.0%

2.0%

2.0%

BTC Weekly

6.0%

6.0%

4.0%

4.0%

2.0%

2.0%

BTC Bi-Weekly

6.0%

6.0%

4.0%

4.0%

2.0%

2.0%

BTC Quarterly

15.0%

15.0%

4.0%

4.0%

3.0%

3.0%

Search the price limits on more types of contracts and trading pairs>>

(The above data and indicators may be adjusted in real time based on market conditions without prior notice.)

 

1. Assume for BTCUSDT perpetual futures, the non-basis price limit range is ±4%, the hard price limit range is ±6%, and the basis price limit range is ±2%.

Within 10 minutes of the BTCUSDT perpetual futures launch (non-basis price limits):

Highest bid price = min [Spot index * (1 + 6%), Spot index * (1 + 4%)]

Lowest ask price = max [Spot index * (1 - 6%), Spot index * (1 - 4%)]

10 minutes after the BTCUSDT perpetual futures launch (basis price limits):

Highest bid price = min [(Basis average of the past 10 minutes + Spot index) * (1 + 2%), Spot index * (1 + 6%)]

Lowest ask price = max [(Basis average of the past 10 minutes + Spot index) * (1 - 2%) , Spot index * (1 - 6%)]

2. Assume for BTCUSDT quarterly futures, the non-basis price limit range is ±4%, the hard price limit range is ±15%, and the basis price limit range is ±3%.

Within 10 minutes of the BTCUSDT quarterly futures launch (non-basis price limits):

Highest bid price = min [Spot index * (1 + 15%), Spot index * (1 + 4%)]

Lowest ask price = max [Spot index * (1 - 15%), Spot index * (1 - 4%)]

10 minutes after the BTCUSDT quarterly futures launch (basis price limits):

Highest bid price = min [(Basis average of the past 10 minutes + Spot index) * (1 + 3%), Spot index * (1 + 15%)]

Lowest ask price = max [(Basis average of the past 10 minutes + Spot index) * (1 - 3%) , Spot index * (1 - 15%)]

The above price limit rules apply to both opening and closing positions. If users open long or close short, a hard price limit will be triggered when the order price is higher than the highest bid price; if users open short or close long, a hard price limit will be triggered when the order price is lower than the lowest ask price.

 

Price Limits Before the Delivery

For USDT-margined weekly futures contracts, there is a special price limit of ±1% in the 10 minutes before settlement.

If the BTCUSDT weekly futures contract has a hard limit of ±6%, then in the final 10 minutes before delivery,

the specific price limits are:

Highest bid price = min [Spot index * (1 + 1%), Spot index * (1 + 6%)]

Lowest ask price = max [Spot index * (1 - 1%), Spot index * (1 - 6%)]

 

Fai trading dove e quando vuoi con l'app HTX

Crea un account HTX per ottenere premi speciali!

Invita gli amici per vincere fino a 1.500 USDT e il 30% delle loro commissioni di trading

Puoi trovarci su:

Twitter:

https://x.com/htx_global

https://x.com/HTXCommunity

Facebook: https://www.facebook.com/htxglobalofficial/

Instagram: https://www.instagram.com/htxglobalofficial/

Reddit: https://www.reddit.com/r/HuobiGlobal/

Medium: https://htxofficial.medium.com/

Telegram:

https://t.me/htxglobalofficial

https://t.me/htxglobalofficial_2

Discord:https://discord.gg/htx-official

HTX si riserva il diritto, a sua esclusiva discrezione, di modificare, cambiare o cancellare questo annuncio in qualsiasi momento e per qualsiasi motivo senza preavviso. Quanto sopra riportato è solo a scopo informativo e HTX non fornisce raccomandazioni o garanzie in merito a risorse digitali, prodotti o promozioni su HTX. I prezzi degli asset digitali sono altamente volatili e il trading di asset digitali comporta dei rischi. Si prega di leggere qui il nostro “Promemoria sui rischi”.