Perpetual Contract FAQ

To help you better understand and use AEGET's perpetual contract products, we've compiled answers to frequently asked questions:

1. What is a Perpetual Contract?

A perpetual contract is a type of digital asset derivative with no expiration date. Users can go long or short with leverage to profit from market price fluctuations. Unlike traditional futures, perpetual contracts can be held indefinitely and are more flexible for trading.

2. How are contract fees calculated?

Trading fees are only charged when orders are executed. Unfilled or canceled orders incur no fees.

Fee formula: Fee = Executed Amount × Fee Rate

AEGET current fee rates:

- Taker: 0.04%

- Maker: 0.04%

3. What is the difference between Taker and Maker?

- Maker: Orders that do not immediately match and add liquidity to the market.

- Taker: Orders that immediately match with existing orders, taking liquidity from the market.

4. What are Cross Margin and Isolated Margin?

- Cross Margin: All available balances in the contract account are shared as margin. If forced liquidation occurs, all assets in the contract account may be lost.

- Isolated Margin: Margin is limited to a specific position. If liquidation occurs, the loss is confined to that position only.

5. What are Position Mode: One-way and Hedge Mode?

- One-way mode: Positions in the same direction for the same trading pair are merged.

- Hedge mode: Allows holding both long and short positions for the same trading pair independently.

6. What is asset transfer?

Asset transfer refers to moving funds between different AEGET accounts (e.g., Spot to Perpetual Contract account). Transfer limits are shown on the transfer page.

7. What is margin?

Margin is the collateral required to open and maintain a position. Usage and risk exposure vary depending on the margin mode (Cross or Isolated).

8. How is margin calculated?

Applicable to both Cross and Isolated Margin modes:

- Initial Margin = Position Size × Entry Price ÷ Leverage

- Maintenance Margin = Same as initial margin (not affected by price movements)

9. What is forced liquidation?

When the margin balance is insufficient to maintain a position, the system will trigger automatic liquidation to control risk.

- Cross Margin: May lead to full asset loss in the contract account.

- Isolated Margin: Loss is limited to the margin allocated to that position.

Risk Warning:

Perpetual contract trading involves high risk. While leverage amplifies profits, it also increases potential losses. Please fully understand the rules and risks before trading. Contact AEGET support for assistance if needed.