Bropetual Markets
Go long or short, scale your leverage, and hedge positions across multiple assets with perpetuals on bro.trade -- all under one roof.
Last updated
Go long or short, scale your leverage, and hedge positions across multiple assets with perpetuals on bro.trade -- all under one roof.
Last updated
Perpetual markets on bro.trade let you trade price movements of crypto assets without delivery of the underlying tokens. Unlike traditional futures, these contracts never expire. You can hold them indefinitely, adjusting your positions as markets shift.
A key mechanism called the funding rate keeps perpetual prices anchored to the underlying spot market.
Funding payments flow regularly between long and short traders:
When the perpetual’s price rises above the spot price, longs pay shorts.
When it drops below the spot price, shorts pay longs.
The interplay between longs and shorts via the funding rate mechanism encourages prices between the spot asset and corresponding perpetual market to realign, preventing perpetuals from drifting too far off their underlying asset’s value.
You can find a breakdown of the funding rate calculations .
Perpetual products are primarily used for speculation and risk-hedging purposes and are the most popular futures product in crypto markets. bro.trades’s perpetuals enable traders to long or short crypto assets with up to 20X leverage to amplify price exposure or hedge risk.
Perpetual markets on bro.trade trade 24/7 – meaning you can buy or sell perpetuals at any time of day or night.
All of bro.trades’s perpetual products use HONEY as the primary collateral.
Maximum Leverage: 20X
Hedging and Arbitrage: Implement strategies that might be too cumbersome or capital-intensive elsewhere, thanks to the unified account structure.
Oracle Pricing: Perpetual contract oracle pricing is derived from Vertex’s oracle provider Stork Oracle. You can find Vertex’s oracle architecture.
Liquidations: Details on how at-risk perpetual positions are liquidated on Vertex can be found in the link.
PnL Settlements: Information on PnL and how perpetual positions are settled on Vertex is available in the section.
Additional resources relevant to trading perpetual products on bro.trade include: