MSFT PERP, up to 10x leverage on Swapmos

Microsoft's price moves on Azure growth, enterprise software renewals and how much capital it puts into AI data centres against the return it can show for that spend. The perpetual tracks the share price, settles in USDC and never expires, so there is nothing to roll. Funding is exchanged between longs and shorts periodically, and leverage magnifies losses just as much as gains.

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Contract specification

Asset class
Stocks
Max leverage
10x
Minimum order
10 USDC
Price tick
0.01
Size tick
0.001
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.