BTCUSD0625, settling on June 25, 2021, is available for trade on the Bybit desktop trading site starting today. One more contract — BTCUSD0924 — settling on Sep. 24, 2021, will list a week from now on March 18, 2021. Both contracts will be available on the Bybit app in the upcoming update.
BTCUSD Futures Contracts share a common Insurance Fund with the BTCUSD Perpetual Contracts. As of March 11, 2021, Bybit’s Insurance Fund balance, which serves as a reserve pool to sustain most of the ups and downs, stands at about 3704.5 BTC.
In this situation, Bybit will automatically take over your remaining positions, offload them onto the market, and draw capital from the Insurance Fund built by BTCUSD Perpetual Contracts to cover your negative equity. This helps minimize Auto-Deleveraging (ADL) risks.
Under hedge mode, you can hold long and short positions at the same time for the same BTCUSD Futures Contract. In cross margin, if you hold offsetting long and short positions, you are perfectly hedged and will never get liquidated.
Use one single BTC margin account to trade across BTCUSD Inverse Perpetual and Futures Contracts as desired. BTCUSD Futures Contracts will share a common wallet balance and available balance of BTC with BTCUSD Perpetual Contracts, giving traders the flexibility to maximize fund utilization.
Inverse Futures Contracts are now in beta version. If you have any comments or suggestions, write to us via User Feedback. Should your recommendation be implemented, you’ll receive a token of our gratitude!