When is the delivery time of Bybit contract this week

To effectively execute trades on Bybit, traders should meticulously consider varying contract delivery times influenced by contract type, trading pair, and account status.

Nov 11, 2024 at 08:11 pm

Understanding Bybit Contract Delivery Times

Bybit, a renowned cryptocurrency exchange, offers a wide range of contract trading options with varying delivery times. Comprehending these delivery schedules is crucial for traders to effectively plan their trading strategies.

Factors Influencing Contract Delivery Times

The delivery time of a Bybit contract is primarily determined by the following factors:

1. Contract Type: Bybit offers two main types of contracts: USDT Perpetual contracts and Inverse Perpetual contracts. Perpetual contracts do not have a fixed expiry date and allow traders to hold their positions indefinitely.
2. Trading Pair: Each trading pair on Bybit may have different delivery times. For example, the BTC/USDT perpetual contract has a delivery time of 8:00 AM UTC every eight hours.
3. Account Type: Bybit offers two types of accounts: retail accounts and institutional accounts. Institutional accounts may have access to additional contract delivery times.

Delivery Schedule for USDT Perpetual Contracts

USDT Perpetual contracts on Bybit are settled in USDT at the contract's maturity time. The current delivery times for USDT Perpetual contracts are as follows:

• 8:00 AM UTC
• 4:00 PM UTC

Delivery Schedule for Inverse Perpetual Contracts

Inverse Perpetual contracts on Bybit are settled in the underlying asset at the contract's maturity time. The current delivery times for Inverse Perpetual contracts vary depending on the trading pair. Here are some examples:

• BTCUSD: 8:00 AM UTC
• ETHUSD: 8:00 AM UTC
• LTCUSD: 8:00 AM UTC
• XRPUSD: 8:00 AM UTC

Steps to Check Contract Delivery Times

Traders can easily check the delivery times for specific contracts on Bybit by following these steps:

1. Log in to your Bybit account.
2. Navigate to the Contracts section.
3. Select the Perpetual tab.
4. Hover over the desired contract's three-dot menu button.
5. Click on Contract Details.
6. The Delivery Time will be displayed under the Contract Specifications section.

Conclusion

Understanding Bybit contract delivery times is essential for traders to plan their positions and execute successful trades. By considering the factors influencing delivery times and checking the specific details for each contract, traders can optimize their trading strategies and minimize the risk of unnecessary losses.