Perpetual futures
Understand the instrument you are trading, its collateral requirements, and its margin rules. A perpetual contract provides price exposure without owning the underlying token.
Explore perpetual futures alongside spot markets in Zily. Evaluate the exposure you want, the collateral it requires, and the costs of keeping the position open before placing a trade.
A perpetual position depends on more than market direction. Contract rules, funding, and margin determine how the trade behaves while it is open.
Understand the instrument you are trading, its collateral requirements, and its margin rules. A perpetual contract provides price exposure without owning the underlying token.
Review the funding mechanism and trading fees alongside liquidity. Funding payments can change the economics of a position even when its market price barely moves.
Follow collateral and liquidation conditions throughout the trade. Confirm the instruments and position controls available in your Zily client and location.
Start with the position’s total market exposure, rather than only the collateral required to open it. Where leverage is used, a relatively small price move can have a much larger effect on the funds supporting the position.
Review how the contract determines margin and liquidation, which reference price it uses, and when funding applies. Do not assume the latest traded price is the price used to assess liquidation risk.
Once a position is open, reassess its collateral, accumulated costs, and exit conditions as the market changes. Check the current Zily interface for supported markets and controls; chain support alone does not establish derivative availability.
Compare spot trading and perpetual futuresMove between token research, wallet activity, and position management in Zily.
Return to the workspacePerpetual futures are derivative contracts that generally have no scheduled expiry. Many use recurring funding payments and a reference-price mechanism to help align the contract with its underlying market. Exact rules vary by venue and product.
Spot trading generally exchanges the assets themselves. Derivatives provide exposure through a contract and may involve collateral, leverage, funding, and liquidation. These mechanisms add costs and risks beyond a simple unleveraged spot purchase.
Check Zily’s current derivatives interface for supported instruments, leverage limits, margin requirements, and geographic availability. These details are product-specific and should be verified before placing an order.
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