What is a Btcusdt perpetual contract?

The value of each BTCUSDT contract is standardized at 1 BTC. This standardization simplifies trading and ensures that all contracts are valued equally, facilitating easier price discovery and liquidity.

BTCUSDT Contract Details reveal a unique feature of the BTCUSDT Perpetual Contract, which has no expiration date. This allows traders to hold their positions indefinitely, providing greater flexibility in their trading strategies.

Funding in BTCUSDT contracts occurs at regular intervals, specifically every 8 hours. This funding mechanism helps to balance the supply and demand of contracts, ensuring market efficiency. The next funding event will take place at a specified time in UTC.

Bybit, a leading cryptocurrency exchange, employs a sophisticated method to calculate the funding rate for BTCUSDT contracts. The exchange uses the interest rate and premium index per minute as the basis for this calculation, ensuring that the funding rate accurately reflects market conditions.

BTCC, another top cryptocurrency exchange, offers a comprehensive range of services that cater to the needs of traders and investors. Among these services are spot trading, futures trading, and a secure wallet solution. With BTCC, users can buy, sell, and store a wide variety of cryptocurrencies, including Bitcoin and Tether.