Below are the specifications for BTC-USDT and ETH-USDT perpetuals on GRVT.
Specification | BTC-USDT | ETH-USDT |
Instrument Type | Linear perpetual | Linear perpetual |
Underlying Index | BTC-USDT | ETH-USDT |
Margin and Settlement Currency | USDT | USDT |
Face Value (or Contract Size) | 1 BTC | 1 ETH |
Step Size (or Min Order Size) | 1 contract (0.01 BTC) | 1 contract (0.1 ETH) |
Tick size | 0.1 USDT | 0.01 USDT |
Closed PnL (in USDT) | Long: Size * (Averaged Exit Price - Averaged Entry Price)
Short: Size * (Averaged Entry Price - Averaged Exit Price) | Long: Size * (Averaged Exit Price - Averaged Entry Price)
Short: Size * (Averaged Entry Price - Averaged Exit Price) |
Max Buy Price (Limit Order) | Min[ Max(Index, Index(1+2%) + averaged premium in the past two minutes), Index * (1+5%) ] Premium = Trade Price - Index Price | Min[ Max(Index, Index(1+2%) + averaged premium in the past two minutes), Index * (1+5%) ] Premium = Trade Price - Index Price |
Min Sell Price (Limit Order) | Max[ Min(Index, Index(1-2%) + averaged premium in the past two minutes), Index * (1-5%) ] Premium = Trade Price - Index Price | Max[ Min(Index, Index(1-2%) + averaged premium in the past two minutes), Index * (1-5%) ] Premium = Trade Price - Index Price |
Contracts per Limit Order | 1 ~ 36,000 (0.01 ~ 360 BTC) | 1 ~ 60,000 (0.1 ~ 6,000 ETH) |
Contracts Per Market Order | 1 ~ 12,000 (0.01 ~ 120 BTC) | 1 ~ 20,000 (0.1 ~ 2,000 ETH) |
Opening Limit Orders | 1 ~ 20 | 1 ~ 20 |
Position Limit | Max of 10,000,000 USDT Notional ONLY applicable to simple margin | Max of 10,000,000 USDT Notional ONLY applicable to simple margin |