ARB perpetuals on Swapmos, up to 10x

ARB is the governance token of Arbitrum, one of the larger Ethereum rollups, so it reacts to L2 fee revenue, sequencer news, token unlocks and the wider rotation in and out of scaling plays. Traded as a perpetual on Swapmos it carries no settlement date, uses USDC as margin, and pays or receives funding depending on which side is crowded.

Taking you to the live market

Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.