Futures Expiration. By doing this, you are essentially selling USD 10,000 and buying an equivalent value of Bitcoin (10,000/12,000 = 0.83 BTC). - Funding Rate - Every eight hours, funding rates are paid either to the long or the short based on differences with the spot right. Start trading. brain zaps when falling asleep; mini husbilar till salu amsterdam. "A 1x leveraged short position on a bitcoin-collateralized future contract is a way for investors to hedge their USD value, in effect entering into a synthetic USD. Binance offers futures trading through two flagship products: Perpetual Futures, and Quarterly Futures. Binance offers futures trading through two flagship products: Perpetual Futures, and Quarterly Futures. ". Ether Coinbase and Binance perpetual futures. COIN-M Futures. In this trade, your profit will be calculated as such: Quantity of Bitcoins at Entry - Quantity of Bitcoins at Close = 0.83 - 0.71 = 0.12 BTC. It allows you to adjust leverage, place and exit orders, add funds to your Futures wallet, add/reduce your positions, etc. So one can hold a position for as long as they like. HODL & Earn - Binance Futures' COIN-margined futures is ideal for traders who prefer to hold positions for a long time. COIN-margined perpetual contracts are a type of derivatives that derives their value from an underlying cryptocurrency. In any case, the future trade . Binance uses two charting systems one is its proprietary charting system, and the other is TradingView. This multiplies your profitability by 125x. With a daily derivatives margin trading volume of USD 65.7 billion, Binance is the biggest crypto futures exchange in the world. Upon launch, Binance Futures made sure that the trading experience is as similar to their spot exchange as possible, making . Futures contract buyers and sellers need to pay a funding fee for that. Binance offers world-class customer support to its users. These features make it an ideal product for long-term traders, arbitrageurs, and hedgers. However, blockchain network fees are payable when withdrawing funds from your Binance account. Bolla Del Pesco Bicarbonato, MrDankYouTube 2 yr. ago. Head over to the top navigation bar of the Binance interface and select "Spot". On the other hand, perpetual futures contracts, as the name suggests, do not have an expiration date. Youll need to place stop-loss or take-profit orders and specify the prices at which you want your orders to execute. To hedge, you sold 500 contracts of quarterlies futures. And sometimes, it may deviate significantly from the spot price. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage. When trading, Binance offers the ability to trade through its token and Tether. In contrast, perpetual futures contracts never expire; you can hold them whenever you want. Binance also has a social media presence, and you can connect with them on Telegram and Reddit. In contrast, perpetual futures contracts have no expiration. If you want to start crypto trading on Binance, you are at the right place. Ensure that youre familiar with how all of this works. For instance, BTCUSD 0925 quarterly contracts will expire on Sep. 25th, 2021, while BTCUSD 1225 will expire on Dec. 25th, 2021. . Based on the account level, Binance charges trading fees. Customized Margin Modes - Binance Futures is the only exchange offering Cross or Isolated margin modes for COIN-margined products. .css-6hm6tl{box-sizing:border-box;margin:0;min-width:0;color:#1E2329;}COIN-margined perpetual contracts are a type of derivatives that derives their value from an underlying cryptocurrency. Trading With Leverage up to 1:100. the exchange offers a large selection of popular cryptocurrencies and coins; Derivatives, NFT Available. Kucoin supports 179 altcoins. The Mark Price liquidation mechanism protects traders from forced liquidation and incurring big losses. Binance futures are crypto futures that enable traders to trade digital currencies without actually possessing the underlying assets. Binance Futures has long been looking for ways to expand to the U.S. Now it may acquire a licensed firm to ensure conducting futures trading there. Futures in cryptocurrency work similarly to futures in equities and stock indices. In contrast, perpetual futures contracts have no expiration. In trading, the asset should be fundamentally strong, whereas, in trading, technical analysis plays a more important role. To calculate trading fees when opening or closing your long position in COIN-M Futures, first multiply your contract size by the contract value: 2*100 = 200 USD. Step 2: Then, enable 2FA authentication so that you can fund your futures account before learning how to trade on Binance. In spot markets, traders can only profit when the value of an asset increase. Binance uses a sophisticated Binance futures trading platform in the crypto space. 1. If you're trading perpetual futures, you'll have to pay a funding fee every 8 hours. Apart from the features discussed above, the Binance futures platform offers customization features to help you customize your dashboard and trading terminal as per your preferences. And if a trade goes in your favor, a take-profit order enables you to exit the trade at a trigger price or the exit price/target price with the desired profit. If youre a new trader, avoid using too much leverage as high leveraged trading can expose you to a big loss. All of the pros from options contracts: As a derivative, perpetual contracts also have the same pros as options contracts, such as limited loss (you can only lose up to the amount of your margin) and non-custody issues (you don't hold any assets when holding the contract) Ease of understanding: Comparing to options and futures contract where there is an expiration date and you have to . Specify the amount of leverage by adjusting . Please note that the underlying asset (Bitcoin) and its futures contract (BTCUSD) are different products and trade at different prices. Elsewhere, the tick size of perpetual futures is only $0.01. - No Expiration Date - Traders can hold positions without an expiry date and do not need to keep track of various delivery months, unlike traditional futures contracts. For example, if you have an initial margin of 1 BTC, you can hold futures worth 125 BTC. A quarterly futures contract allows a trader to buy or sell the underlying asset at a predetermined price before a specified period. 0.01 per funding interval). Ok thanks yes I am aware of that i have my Bitcoin in a ledger now, thinking about trying trading actively with like 500$ or something though. As you can see in the table below all the Binance COIN futures fees are listed. Please note that Binance has a distinct Futures wallet. These are usually quarterly or perpetual futures contracts, . Only if you enter a position in a perpetual future contract, then there is a funding fee. Suppose BTC is currently priced at USD 35,000. Other than that, the . Navigate to the BTCUP/USDT trading pair. Keep them on a hardware wallet. When you take a trade, it can either go in your way and give a profit, or it can go south and end up in a loss. The lure of leverage draws traders to the futures market. (Blog) Crypto Futures Risk and Money Management: 5 Things You Can Do to Better Manage Trading Risk. Additionally, the dashboard also shows the margin ratio, maintenance margin, and margin balance. However, you can easily transfer funds from your Exchange wallet to the Futures wallet. Plus, the Binance exchange platform is beginner-friendly and enables new traders to get started without any hassles. If this is true, I had a few questions: I have code working for creating orders (limit and market) on the Binance SPOT exchange. . As a trader if you want to continue a position in a contract, you have to sell the one you have and buy. TRB / TetherUS PERPETUAL FUTURES (BINANCE:TRBUSDTPERP) mfiqrihanafi . All you need to do is head to the trading platform and select the futures you want to trade. A common question we receive from users is this: what are the differences between the two products and what are the key features that distinguish them? Create Binance Futures account: https://coinsutra.com/visit/binancefutures/Learn how to short sell Bitcoin or Altcoin on Binance using Perpetual Contracts. Author. It is crucial that you fully understand the risks involved before deciding to trade with us in light of your financial resources, level of experience, and risk appetite. Perpetual contracts are a new type of futures contract that has no expiry date. Binance Futures generally fixes the interest rate at 0.03% per day (i.e. As such, this effect results in long positions becoming more costly to hold over time. You will find me reading about cryptonomics and eating if I am not doing anything else. Monkey Sounds In Text, More information can be found on our.css-1sey3nz{box-sizing:border-box;margin:0;min-width:0;color:#C99400;-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}.css-1sey3nz *,.css-1sey3nz * > *{color:#C99400;}.css-1sey3nz:hover,.css-1sey3nz *:hover{color:#F0B90B;}.css-1sey3nz:focus,.css-1sey3nz *:focus{color:#C99400;} FAQs and guides. 1. You can fund your Binance futures account with cryptocurrencies or fiat currencies. Day traders use intraday trading strategies to try and profit from market volatility, and will typically not stay in positions for more than one day. futures contracts for $12,000 and hold those contracts through expiration in December, and the contract settles at $13,500 at expiration, then you will get paid out $1,500 in Bitcoin. If required, you should seek advice from an independent financial advisor. El tutorial ms completo sobre los futuros de Bitcoin de la plataforma Binance para trading en criptomonedas, aprenders los conceptos de long, short, apalancamiento entre otros temas interesantes. The founder and CEO of Binance, Changpeng CZ Zhao, commented: "As Binance Futures approaches its one-year anniversary, we . Assume that you are holding a long-term position of 1,000 BTCUSD perpetual contracts at $12,000 each. If you hold the futures contract till expiration, the contract will have to go into a settlement. One option is to buy Bitcoin and wait for its value to surge directly. Therefore, leverage trading futures contracts can involve significant risks of losses. On Binance, perpetual futures contracts can be traded with a leverage that goes up to 125x. Youll be directed to the Binance futures platform, where youll find the price chart of the BTCUSD contract by default. Therefore, traders do not need to keep track of various delivery months, unlike quarterly futures contracts. Meanwhile, the premium fluctuates depending on the price difference between the perpetual contract and the mark price. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, Three Benefits of COIN-margined Perpetual Futures That You Need To Know. Binance futures offers Perpetual futures contract to trade as well. Thus, the margin balance only reflects the net P&L between positions in the two markets. Hence, it provides ease for new users to participate in these markets. Binance uses a Mark Price liquidation mechanism to set the liquidation price intelligently. If your trading volume on the futures exchange over the last 30 days is below 15M BUSD, you will pay 0.02% and 0.04% trading fees for your maker and taker orders respectively. The new inclusion might bring the exchange closer to its dream of market domination. On Binance you will find contracts divided based on their delivery dates, so the date you have theoretically to either buy or sell the asset. Proof-General-6485 1 yr . . In case youre curious, heres how crypto futures price is calculated: Here, Rf is the annual risk-free rate, and x is the number of days to expiry. Learn more here. If a trade goes against you, a stop market order helps you limit the loss you incur. This means that you can magnify small movements in price to potentially generate outsized profits. You need to follow a system and strategy that gives you an edge in the market. Its essential to effectively manage risk-reward when trading derivatives with leverage. Generally, there are two methods of settling an expired futures contract: Cash settlement. Binance Free $100 (Exclusive): Use this link to register and receive $100 free and . Assuming that the current funding rate is 0.01% and is paid out every 8 hours, you'll need to pay the seller a funding fee = 0.01% x your position . On your limit and market orders, you can pretty effortlessly set take profit and stop-loss order. The exchange does not get any of the funding fees by the way. Expiration. - Every eight hours, funding rates are paid either to the long or the short based on differences with the spot right. This crypto tutorial will guide you all about Binance Futures and how to use Binance futures in 2021. . And you made this profit without holding any Bitcoin at all. In this article, we shall dive into how it works, how it differs from existing crypto derivatives products, and how it complements them. So one can hold a position for as long as they like. 0. what countries allow binance futuresgeorge kennan the fateful error May 29, 2022 / in rigorer basketball shoes / by / in rigorer basketball shoes / by Register and set up the crypto wallet via the wallet's Google Chrome extension or via the mobile app you downloaded in Step 1. A perpetual futures contract is a unique form of futures contract that comes with no expiration date. Other than that, the . Also, this flexibility allows traders to create market-neutral strategies that offer uncorrelated returns to the broader market. Prices can fluctuate significantly on any given day. The order book provides a real-time view of buy and sell orders entering the order book. Select the ETH pair and adjust your leverage (up to 20x) Open the contract. BTC into your COIN-M Futures as margin 2020-05-06. Binance Futures Will Launch USDT-Margined JASMY Perpetual Contracts and Coin-Margined XMR Perpetual Contracts . To open that account, youll need first to open a regular Binance account. Make sure to keep your seed phrase safe, and take note of your wallet address. Futures (along with options) are known as derivatives, as they are derived from the underlying crypto asset. If you hold the futures contract till expiration, the contract will have to go into a settlement. Go to the Derivatives tab at the top and when you hover over it, it will show a dropdown menu. On the other hand, perpetual futures, as the name suggests, do not have an expiration date. So, if your total trading capital is USD 10,000, you shouldnt put more than USD 1,000 in one trade. Perpetual futures contracts are a very popular tool among cryptocurrency traders, as they mimic the spot market in terms of price while allowing users to use leverage and go either long or short on the price of Bitcoin. With the introduction of COIN-margined perpetual futures, users can now enjoy the synergies between the two markets, perpetual and quarterly. Contrarily, if you feel the price will go down, you need to go short. Each COIN-margined contract represents 100 USD and as such, USD is the counter currency. The 20% spot trading fee discount will remain valid as long as the Binance referral program is in place. Step 4: Enter your leverage. Theres also an Assets section where you can buy crypto and convert and transfer your positions. The ability to hold a position indefinitely is also attractive for many traders. If you want to trade Bitcoin futures, you should know what Bitcoin (and cryptocurrencies) is, how blockchain works, smart contracts and Defi, etc. Using the TipRanks platform, we've looked up two stocks that are offering dividends of at least 11% yield . Perpetual futures are cash-settled, and differ from regular futures in that they lack a pre-specified delivery date, and can thus be held indefinitely without the need to roll over contracts as they approach expiration. Due to these price fluctuations, your holdings may significantly increase or decrease in value at any given moment, which can result in a loss of all the capital you have invested in a transaction. Other than that, the trading of perpetual contracts is based on an underlying Index Price. Binance Futures Fees. The tick size on quarterly futures is $0.10, i.e. how long can you hold binance futures perpetual. Expiration. Save. While Binance allows you to buy Bitcoin directly, not many exchanges support direct crypto buying. This line of Bitcoin-margined perpetual futures will complement Binance Futures broad variety of derivatives, including COIN-margined quarterly futures. If you don't have a Binance account yet, you will have to create one. Perpetual Futures vs. Quarterly Futures: Whats the difference? Leverage is an important element of Binance trading. Binance Futures COIN-margined perpetual contracts are Bitcoin-margined, which means Bitcoin is used as the base currency. Click " Confirm transfer .". If you already know about how futures work, you can skip to the next section. Now, lets return to buying Binance futures. Binance Futures Will Launch USDT-Margined JASMY Perpetual Contracts and Coin-Margined XMR Perpetual Contracts . Futures Expiration. Buy/sell crypto, set up recurring buys for your investments, and discover what Binance has . A quarterly futures contract allows a trader to buy or sell the underlying asset at a predetermined price before a specified period. Binance offers up to 125x leverage on Binance futures. Note: You will notice in the last column that Binance offers further discounts to its affiliates for successful referrals amounting to an additional 25% and a 20% kickback discount. The quarterly contract has a fixed expiry date, which is the last Friday of every quarter. It refers to the automatic liquidation of open positions when your available margin is insufficient to fulfill the leveraged position. Futures Expiration. Thus, they expire every three months. If you hold the futures contract till expiration, the contract will have to go into a settlement. For instance, funding fees across BTC perpetual markets may surge as Bitcoin prices rally, this indicates the imbalance of buying pressure in the market. Bringing the total cost to almost $15.3369 by year's end. You shouldnt try to grab every opportunity you get to trade. Several factors, such as traded volume, market sentiment, price action, etc., determine the price movement of any asset. how long can you hold binance futures perpetual. Conley Name Pronunciation, Although Binance wins through sheer volume, it is unlikely that the average crypto trader will find Kucoin's selection lacking. Thus, the margin balance only reflects the net P&L between positions in the two markets. For example, if you have an initial margin of 1 BTC, you can hold futures worth 125 BTC. If youre considering trading futures, its important to understand the pros and cons of perpetual and quarterly futures. Thus, the margin balance only reflects the net P&L between positions in the two markets. So, suppose you feel that Bitcoins price will increase by USD 1,000, so you buy five BTC futures contracts. This is the wrong approach, especially if youre serious about trading. Crypto Futures Trading: Things You Need to Know Before You Begin. Once your order is executed, it will show up in the order book in the Positions section. The risk of futures: leverage. For instance, our BTC 0925 is a quarterly futures contract that will expire 3 months upon the date of issuance. Fees charged by Binance to each tier as of 2021. Read the following helpful articles for more information about Binance Futures: (Blog) A Beginners Guide To Funding Rates, (Blog) The Ins And Outs Of Futures Spread Trading, (Blog) Understanding Price And Basis Of A Futures Contract, (Support) Overview of Binance Futures Products & Features. Perpetual Futures Contracts are an advanced . you can hold both long and short positions at the same time for a single contract. 5 Cool Features On Binance Futures That You Should Try Out, 10 Most Frequently Asked Questions About Binance Futures. What is a perpetual futures contract? Prezzo Al Mq Per Pulizie, However, for BNBUSDT and BNBUSD, the interest rate is 0%. Therefore, high leverage is better for risk-averse traders. Trading is all about letting go of good opportunities to find the perfect opportunity. Navigate to the BTCDOWN/USDT trading pair. Step 2: Search for " USDT " and then click on " Transfer .". Therefore, users do not need to keep track of various delivery months. Ortopedia Pediatrica Brescia, But on the downside, it also exposes you to a potential loss of 125x. [Binance Championship] Binance Delivery Contract Strategy 3 Butterfly Hedging If the price of BTC goes down, profits from the futures position can offset losses in your Bitcoin holdings. You can click here and create a regular Binance account with your email address. Typically, the further away a contracts expiration date is, the larger the basis. - Contracts are denominated and settled in BTC. Unlike perpetual futures, quarterly contracts do not carry a funding fee. The Index Price consists of the average price of an asset . You may refer to the wallet's support page for reference. To trade Binance futures, youll need a Binance Futures account. There is no fee for holding, but for safety reasons, you should not keep your Bitcoins on the exchange long term. Funding calculations consider the amount of leverage used, which may have a big impact on ones profits and losses. BitMEX is famous . In other words, futures contracts have a limited lifespan and will expire based on their respective calendar cycle. In this article, we will cover several scenarios in which it is optimal to hold onto leveraged UP and DOWN tokens compared with an ordinary perpetual futures position. Based on the price difference between the index price to its perpetual futures price, traders holding long positions will pay a small fee to traders holding short positions, or vice versa, keeping futures prices close to the index. A perpetual swap is a type of derivative trading product that has become increasingly popular among crypto traders over recent years, with data showing daily trading volumes of over $180 . The Index Price consists of the average price of an asset . Depending on the type of underlying asset and the specifications of the contract, as the buyer, you may have to take delivery of the asset. Step 3: Choose your margin mode. BTC into your COIN-M Futures as margin, Select the level of leverage to your preference, Choose the appropriate order type (buy or sell), Indicate the number of contracts you wish to own. But lets assume that, for the most part, the futures price stays close to the spot price. In finance, a perpetual futures contract, also known as a perpetual swap, is an agreement to non-optionally buy or sell an asset at an unspecified point in the future. If your analysis shows that the price of the cryptocurrency futures contract will increase, you need to go long. Funding fees are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices. For instance, our BTC 0925 is a quarterly futures contract that will expire 3 months upon the date of issuance. Hence, you can trade on Binance futures for a much lesser investment while enjoying the same level of benefits. Spread Trading - Spread trading is the simultaneous buying and selling of two related futures contracts. Unlike USDT-margined contracts, P&L for COIN-margined contracts is calculated in the respective cryptocurrency (i.e. If you take a trade just because the market price plunged by 2%, youre simply gambling. Past performance is not a guide to future performance. Depending on the type of underlying asset and the specifications of the contract, as the buyer, you may have to take delivery of the asset. HODL & Earn - Binance Futures' COIN-margined futures is ideal for traders who prefer to hold positions for a long time. However, you should consider two things before you hold a position for a long period of time. This is simply a great way to increase your Bitcoin holdings over the long run. . 2) Always converge with the Spot market price of digital assets. COIN-Margined perpetual futures, . And many more Binance Futures FAQ topics .css-ohjq80{box-sizing:border-box;margin:0;min-width:0;-webkit-transition:box-shadow 0.1s ease-in;transition:box-shadow 0.1s ease-in;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:auto;border-radius:8px;overflow:hidden;max-width:100%;}.css-ohjq80:hover{box-shadow:0px 0px 1px rgba(24,26,32,0.1),0px 16px 32px rgba(71,77,87,0.16),0px 8px 16px rgba(24,26,32,0.16);}.css-1nphsdp{box-sizing:border-box;margin:0;min-width:0;color:#F0B90B;box-sizing:border-box;margin:0;min-width:0;-webkit-transition:box-shadow 0.1s ease-in;transition:box-shadow 0.1s ease-in;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:auto;border-radius:8px;overflow:hidden;max-width:100%;}.css-1nphsdp:hover{box-shadow:0px 0px 1px rgba(24,26,32,0.1),0px 16px 32px rgba(71,77,87,0.16),0px 8px 16px rgba(24,26,32,0.16);}. (Support) Overview of Binance Futures Products & Features. The CFTC has already sued BitMEX for failing to register as a broker . Mousse Al Cioccolato Misya, Perpetual Contracts trade like spot, tracking the underlying Index Price closely. (2023), Best Tron(TRX) Wallets To Secure Tron Crypto In 2023, Multiple chart types line, bar, candlesticks, Heikin-Ashi, A comprehensive suite of technical indicators. Say a trader holds an account balance of 1 BTC, and the current bitcoin price is $30 000. Binance quarterly futures can also open up favorable arbitrage opportunities for . 2. What is a perpetual futures contract? Fear of missing out (FOMO) is common in trading, especially among new traders. . a unified approach to interpreting model predictions lundberg lee. In a futures contract, you agree to either buy or sell an asset for a set price at a set date. Yet, a rise in liquidations is possible to observe in this cryptocurrency if regulatory criteria are changed. Therefore, you should not trade or invest money you cannot afford to lose. Traders do not need to keep track of various delivery months, unlike traditional futures contracts. Unlike the traditional futures contracts whereby the two parties must execute the settlement on the day the contract expires, perpetual futures contracts are not bound by such . But this pro comes with a con: the price between perpetual futures and spot can diverge. Binance offers up to 125x leverage on Binance futures. Please note that Binance doesnt charge any deposit and withdrawal fees. In July 2019, the monthly traded volume of crypto futures markets stood at USD 1,605 billion, and it has only increased multifold since then. Therefore, traders can use perpetual contracts to hold and potentially accumulate more cryptocurrency (e.g. As a trader if you want to continue a position in a contract, you have to sell the one you have and buy. Get a basic understanding of the crypto world so youre not shooting in the dark. From here, you can buy or sell futures, select order types, set leverage, conduct technical analysis, etc. You can click on the contract name to change the futures contract you want to trade. The Cboe Global Markets (Cboe) was the first American exchange to offer Bitcoin futures contracts on Dec. 10, 2017. COCOS handelssignaler fr Binance Futures i realtid. A price of $22.5216 may result from a balance of purchasing and selling pressures. To close the position, you buy back USD 10,000 worth of contracts and simultaneously sell the equivalent of Bitcoin (10,000/14,000 = 0.71 BTC). Any profits made can be used for margin on either the quarterly or perpetual futures contract; this is particularly useful for those hedging between the two markets. Once your order reaches that price, it will automatically execute. The best way to understand .