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Gold in US dollars, one lot = 100 troy ounces. Trades when the spot gold market is closed.
XAUUSDPERPInitial margin from 1%Bitcoin in US dollars, one lot = 1 bitcoin.
BTCUSDPERPInitial margin from 3%A funding rate is set three times a day, at the times shown on the platform (server time). Close before then and no funding applies.
Position value × the funding rate, booked to your balance. The current rate is shown on the platform.
When the perpetual trades above spot, longs pay shorts. Below spot, shorts pay longs. You can receive funding as well as pay it.
Perpetuals have no overnight swap and no expiry. Funding is the holding cost.
| Symbol | Description | Digits | Contract size | Margin |
|---|---|---|---|---|
| BTCUSDPERP | Bitcoin vs US Dollar, 24/7, no swaps (perpetual) | 1 | 1 | 3% |
| XAUUSDPERP | Gold vs US Dollar, 24/7, no swaps (perpetual) | 2 | 100 | from 1% |
2 results · No overnight swap; funding applies three times a day at the times shown on the platform (server time). Weekly maintenance break on Saturday, times shown on the platform; open positions and orders are unaffected. Specifications update daily from our trading platform; the platform's symbol specification prevails.
A perpetual is a contract with no delivery date. You can hold a position indefinitely, and instead of an expiry the contract stays anchored to the underlying market through a funding payment that passes between long and short positions three times a day.
XAUUSDPERP (gold in US dollars, one lot = 100 troy ounces) and BTCUSDPERP (Bitcoin in US dollars, one lot = 1 bitcoin). Both are traded on your MetaTrader 5 account alongside our other instruments.
Three times a day a funding rate is set for each perpetual; the funding times are shown in the contract specification. If you hold a position at that moment, funding is booked to your account balance: position value multiplied by the rate. When the perpetual trades above spot, long positions pay and short positions receive; when it trades below, the direction reverses. Close before the funding time and no funding applies.
No. Perpetuals carry no overnight swap. Funding is the only holding cost, and it can be received as well as paid.
Both perpetuals trade 24 hours a day, seven days a week, with one scheduled weekly maintenance break. Exact hours, in server time, are on each instrument page and on the Trading hours page. Open positions and pending orders are untouched during the break and trading resumes automatically.
Margin requirements follow your account group and are shown on each instrument page, on the Margin schedule page and in the symbol specification inside the trading platform. The specification in the platform prevails over any figure shown on this site.
