Fellow Binancians,

Binance Futures will launch the USDⓈ-M ARK perpetual contract at 2023-09-19 14:30 (UTC), with up to 10x leverage. 

More details on the USDⓈ-M ARK Perpetual Contract can be found in the table below:  

USDⓈ-M Perpetual Contract

ARKUSDT

Launch Time 

2023-09-19 14:30 (UTC) 

Underlying Asset

ARK

Settlement Asset

USDT

Tick Size

0.0001

Capped Funding Rate

Clamp (Funding Rate, -1 * Maintenance Margin Ratio, 1 * Maintenance Margin Ratio)

Minimum Maintenance Margin Rate

3.00%

Maximum Leverage

10x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please note: 

  • The maximum funding rate of the ARKUSDT Perpetual Contract at the time of launch is +3.00% / -3.00%.

  • Based on market risk conditions, Binance may adjust the specifications of the ARKUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

  • Multi-Assets Mode allows users to trade the ARKUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the ARKUSDT Perpetual Contract. 

  • The ARKUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Further information:

Thanks for your support!

Binance Team

2023-09-19