Long or short FIL PERP on Swapmos, up to 10x
Filecoin pays storage providers for verifiable capacity, so FIL moves on network utilisation, sector commitments and an emission schedule that keeps adding supply. As a USDC margined perpetual there is no expiry date and no wallet full of FIL to manage. Funding moves between longs and shorts at regular intervals, and higher leverage shortens the distance between an adverse move and liquidation.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.00001
- Size tick
- 0.1
- Funding interval
- every 4 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.