24/7 · Settled on Arbitrum L2
What Are Perpetual Futures in Crypto Trading?
Perpetual futures are contracts with no expiry date, held near the index price by funding. On EVEDEX, trade 52 perpetual pairs 24/7, with fees capped at 0.015% maker.
Perpetual futures on EVEDEX at a glance
Contract terms as of September 15, 2026, from EVEDEX trading terms and documentation.
Why Traders Choose Perpetual Futures
No Settlement Dates
Unlike dated futures, perpetual contracts never expire, so there is no rollover. The difference is covered in our perpetual swaps vs futures guide.
Funding Rate Mechanism
Payments between longs and shorts keep the perpetual near its index price. On EVEDEX, the rate is calculated every 8 hours per pair and charged hourly at one eighth.
Leverage by Pair
On EVEDEX, 200x applies to BTC-USD, ETH-USD and SOL-USD up to $50,000 notional; other pairs are capped from 100x to 10x. Higher leverage also brings liquidation closer.
More Than Crypto
The same contract covers five stocks, Tether Gold, silver, WTI oil, EURUSD and USDJPY on EVEDEX, all trading 24/7 from one USDT margin account.
Deposit USDT Margin
Connect a wallet and deposit from 6 USDT. Instead of traditional KYC, each deposit passes an AML screening.
Open Long or Short
Pick a pair, set leverage within its cap and go long or short. Initial margin equals notional divided by leverage.
Watch Funding and Mark Price
While the position is open, funding is calculated every 8 hours and charged hourly at one eighth. Liquidation uses the mark price, a weighted average, not the last trade.
Risk warning
Perpetual futures carry a high risk of loss: at 100x, a 1% move against you equals your initial margin, and under cross margin your whole futures balance is at risk. EVEDEX is not intended for UK retail clients. This page is not investment advice.
Common Questions
Spot trading requires full capital to buy an asset. Perpetual futures use margin and leverage, so you control a larger position with less capital and can also go short. You never own the underlying asset, and EVEDEX has no spot market: all 52 pairs are perpetual futures.
Funding payments pass between long and short traders. When the perpetual trades above the index price, longs pay shorts; below it, shorts pay longs. This keeps the contract near the index. On EVEDEX, the rate is calculated every 8 hours per pair and charged hourly at one eighth.
Yes, as long as your margin covers the position and its funding. A perpetual has no expiry, so there is no forced settlement or rollover as with dated futures. On EVEDEX, margin is cross-only, so your whole futures balance backs the position.
Liquidation occurs when equity falls below the maintenance margin requirement, which starts at 0.4% of notional on BTC-USD up to $50,000 on EVEDEX. The engine closes the position at the mark price and charges a 5% liquidation fee. Lower leverage keeps liquidation further away.
Yes. Perp DEXs record positions on-chain instead of only in a company ledger. Designs differ: some run fully on-chain order books, others fill trades against liquidity pools. EVEDEX is a hybrid: orders match off-chain, and settlement runs on Arbitrum L2.
