What allows perpetual contracts to be held indefinitely, without expiring?
My understanding is that delivery futures converge toward the spot price through settlement at expiry, while perpetual contracts have no expiry, so funding fees serve a similar anchoring function.
Binance delivery futures are set up on a quarterly basis. The two common types are “current quarter” and “next quarter,” referring to the quarter in which they expire.
Finally, the price: $BTC is quoted at 80624.01, up 0.22% over 24 hours.
This is not a recommendation to buy or sell in any form. You assume all risks.
My understanding is that delivery futures converge toward the spot price through settlement at expiry, while perpetual contracts have no expiry, so funding fees serve a similar anchoring function.
Binance delivery futures are set up on a quarterly basis. The two common types are “current quarter” and “next quarter,” referring to the quarter in which they expire.
Finally, the price: $BTC is quoted at 80624.01, up 0.22% over 24 hours.
This is not a recommendation to buy or sell in any form. You assume all risks.