The traditional market has closed. But TradFi Perpetuals continue to trade.
On Binance, TradFi Perpetuals are available 24/7, even when the underlying traditional asset is outside its trading hours.
But the price at night does not come out of nowhere.
During trading hours, Binance uses a Price Index with data from multiple sources.
When the underlying market is closed, the index is fixed at the last value, and the Mark Price is calculated with smoothing via EWMA.
So 24/7 does not mean the underlying stock or commodity is trading around the clock.
It means the perpetual contract itself remains available for trading.
And that is exactly the difference worth understanding before opening a position.
#Binance #TradFi #Trading #Perpetuals #Crypto
On Binance, TradFi Perpetuals are available 24/7, even when the underlying traditional asset is outside its trading hours.
But the price at night does not come out of nowhere.
During trading hours, Binance uses a Price Index with data from multiple sources.
When the underlying market is closed, the index is fixed at the last value, and the Mark Price is calculated with smoothing via EWMA.
So 24/7 does not mean the underlying stock or commodity is trading around the clock.
It means the perpetual contract itself remains available for trading.
And that is exactly the difference worth understanding before opening a position.
#Binance #TradFi #Trading #Perpetuals #Crypto
