CoinEx Linear Futures Contracts Trading Rules

Fair Price: Linear Contract adopts Fair Price Marking that determines the unrealized profit or loss and liquidation of the position.
Initial Margin: The minimum amount of margin for position open.
Maintenance Margin: The minimum amount of margin is required to keep your position open. The requirements of maintenance margin are tied to the Risk Limits.
Funding Rate: A mechanism to ensure that the Futures market price is close to the Spot market price. Periodic payments are exchanged between the buyer and seller every 8 hours, that is, when the rate is positive, then longs will pay and the shorts will receive the rate, and vice versa when the rate is negative. Meanwhile, the rule only applies to the positions open at the funding timestamps 0:00, 8:00, and 16:00 (UTC).
Contract Leverage: CoinEx futures contract employs several adjustable leverages ranging from 3X to 100X.
Cross Margin: Any of your available balance will not be used to increase the margin when a position is liquidated. By isolating and using different margin for each position, you can limit losses on that position to the initial margin amount when your short-term speculative trading strategy fails.
Index Price: Index Price is determined by the weighted prices from a selection of mainstream crypto exchanges. The crypto exchange and weight of different contract index prices may be different, and you can click here to view the index price in Contract Info.