Market Cap: $2.1354T -1.04%
Volume(24h): $87.5038B -1.11%
Fear & Greed Index:

14 - Extreme Fear

  • Market Cap: $2.1354T -1.04%
  • Volume(24h): $87.5038B -1.11%
  • Fear & Greed Index:
  • Market Cap: $2.1354T -1.04%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

BigONE Perpetual Contract Tutorial Example

By understanding BigONE's perpetual contracts, traders can take positions on asset prices without expiring contracts, manage risk through hedging, and leverage up to 100x to maximize gains.

Nov 23, 2024 at 10:54 am

BigONE Perpetual Contract Tutorial and ExamplesWhat are BigONE Perpetual Contracts?
  • Perpetual contracts are a type of futures contract that do not have a fixed expiry date.
  • They are designed to allow traders to take positions on the future price of an asset without having to worry about the contract expiring.
  • BigONE offers perpetual contracts on a variety of assets, including cryptocurrencies, commodities, and indices.
How to Use BigONE Perpetual Contracts
  1. Understanding the Interface:
    • The BigONE perpetual contract interface is divided into three main sections:
    • The order book displays the current bid and ask prices for the contract.
    • The chart displays the price history of the contract.
    • The order form allows you to place orders to buy or sell the contract.
  2. Placing an Order:
    • To place an order, simply enter the desired quantity and price in the order form.
    • You can choose to place a limit order or a market order.
    • A limit order will only be executed if the price of the contract reaches the specified limit price.
    • A market order will be executed immediately at the current market price.
  3. Managing Open Positions:
    • Once you have placed an order, it will be displayed in the open positions section of the interface.
    • You can manage your open positions by editing the order parameters, closing the position, or adding to the position.
  4. Calculating Profit and Loss:
    • The profit or loss on a perpetual contract is calculated based on the difference between the entry price and the exit price.
    • If the price of the contract moves in your favor, you will make a profit.
    • If the price of the contract moves against you, you will incur a loss.
Examples of Using BigONE Perpetual Contracts
  1. Trading a Long Position:
    • If you believe that the price of an asset will rise, you can place a long order.
    • This means that you are buying the contract at the current price with the expectation of selling it at a higher price in the future.
  2. Trading a Short Position:
    • If you believe that the price of an asset will fall, you can place a short order.
    • This means that you are selling the contract at the current price with the expectation of buying it back at a lower price in the future.
  3. Hedging a Position:
    • Perpetual contracts can be used to hedge against risk in other positions.
    • For example, if you have a long position in a particular asset, you could place a short perpetual contract on the same asset to reduce your overall exposure.
Benefits of Using BigONE Perpetual Contracts
  • No Expiry Date: Perpetual contracts do not have a fixed expiry date, so you can hold them for as long as you want.
  • Leverage: BigONE offers leverage of up to 100x on perpetual contracts, allowing you to trade with a larger amount of capital than you have in your account.
  • Low Fees: BigONE charges low fees for trading perpetual contracts, making it an affordable option for traders of all levels.
  • Variety of Assets: BigONE offers perpetual contracts on a variety of assets, giving you the flexibility to trade a wide range of markets.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to choose between linear and inverse perpetual contracts on Bybit for BTC trading?

How to choose between linear and inverse perpetual contracts on Bybit for BTC trading?

Jun 06,2026 at 02:54am

Contract Settlement Mechanics1. Linear perpetual contracts on Bybit settle in USDT, meaning all profit and loss calculations, margin requirements, and...

How to identify and avoid futures market manipulation like stop hunts and spoofing?

How to identify and avoid futures market manipulation like stop hunts and spoofing?

Jun 07,2026 at 02:20pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to set up risk management rules on Bybit to cap my maximum daily loss?

How to set up risk management rules on Bybit to cap my maximum daily loss?

Jun 04,2026 at 04:40pm

Account-Level Loss Limit Configuration1. Log into your Bybit account via web or mobile application using two-factor authentication. 2. Navigate to the...

How to enable portfolio margin mode on Binance to reduce my margin requirements?

How to enable portfolio margin mode on Binance to reduce my margin requirements?

Jun 05,2026 at 04:59am

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to migrate my open futures positions from Binance to Bybit without closing them?

How to migrate my open futures positions from Binance to Bybit without closing them?

Jun 04,2026 at 03:59am

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to handle the tax implications of crypto futures trading profits in the US?

How to handle the tax implications of crypto futures trading profits in the US?

May 29,2026 at 06:19pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed supply cap of 21 million coins, with new units introduced through block rewards. 2. Ev...

How to choose between linear and inverse perpetual contracts on Bybit for BTC trading?

How to choose between linear and inverse perpetual contracts on Bybit for BTC trading?

Jun 06,2026 at 02:54am

Contract Settlement Mechanics1. Linear perpetual contracts on Bybit settle in USDT, meaning all profit and loss calculations, margin requirements, and...

How to identify and avoid futures market manipulation like stop hunts and spoofing?

How to identify and avoid futures market manipulation like stop hunts and spoofing?

Jun 07,2026 at 02:20pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to set up risk management rules on Bybit to cap my maximum daily loss?

How to set up risk management rules on Bybit to cap my maximum daily loss?

Jun 04,2026 at 04:40pm

Account-Level Loss Limit Configuration1. Log into your Bybit account via web or mobile application using two-factor authentication. 2. Navigate to the...

How to enable portfolio margin mode on Binance to reduce my margin requirements?

How to enable portfolio margin mode on Binance to reduce my margin requirements?

Jun 05,2026 at 04:59am

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to migrate my open futures positions from Binance to Bybit without closing them?

How to migrate my open futures positions from Binance to Bybit without closing them?

Jun 04,2026 at 03:59am

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...

How to handle the tax implications of crypto futures trading profits in the US?

How to handle the tax implications of crypto futures trading profits in the US?

May 29,2026 at 06:19pm

Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed supply cap of 21 million coins, with new units introduced through block rewards. 2. Ev...

See all articles

User not found or password invalid

Your input is correct