FASTX PERP on Swapmos, up to 5x
FastX is a small listed company with limited analyst coverage, and this is a thin market rather than a headline one. Modest volume can move the price, and quotes are wider than in large caps, which is why the leverage cap sits at 5x. The perpetual tracks the share price without a brokerage account, settles in USDC, has no expiry, and exchanges funding between longs and shorts.
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Contract specification
- Asset class
- Stocks
- Max leverage
- 5x
- Minimum order
- 10 USDC
- Price tick
- 0.01
- Size tick
- 0.01
- Funding interval
- every 8 hours
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Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.