Binance Futures Will Launch USDⓈ-M ARB Perpetual Contract with Up to 50x Leverage

Fellow Binancians,

Binance Futures will launch the USDⓈ-M ARB perpetual contract with up to 50x leverage within approximately 15 minutes after Arbitrum (ARB) spot trading opens on Binance. ARB spot trading is tentatively set to open at 2023-03-23 17:00 (UTC).

More details on the ARBUSDT Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract	ARBUSDT
Launch Time	Within about 15 minutes after ARB spot trading opens on Binance (ARB spot trading tentatively set to open at 2023-03-23 17:00 UTC)
Underlying Asset	ARB
Settlement Asset	USDT
Tick Size	0.0001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	50x
Trading Hours	24/7
Multi-Asset Mode	Supported

Please note:

Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Asset Mode allows users to trade the ARBUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading the ARBUSDT Perpetual Contract.
The ARBUSDT 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

2023-03-22

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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