What is the duration of a position on BitMEX?
LinharesDec 30, 2021 · 3 years ago5 answers
Can you please explain how long a position can be held on BitMEX?
5 answers
- Dec 30, 2021 · 3 years agoOn BitMEX, the duration of a position depends on the type of contract you are trading. For perpetual contracts, there is no expiration date, so you can hold your position for as long as you want. However, it's important to note that these contracts have funding fees that are charged every 8 hours. For futures contracts, the duration is determined by the contract's expiration date. Once the contract expires, your position will be settled and closed automatically.
- Dec 30, 2021 · 3 years agoHey there! When it comes to BitMEX, the duration of a position varies depending on the type of contract you're dealing with. If you're trading perpetual contracts, you can hold your position indefinitely. Just keep in mind that you'll have to pay funding fees every 8 hours. On the other hand, if you're trading futures contracts, the duration is fixed and determined by the contract's expiration date. Once the contract expires, your position will be settled and closed automatically.
- Dec 30, 2021 · 3 years agoThe duration of a position on BitMEX depends on the type of contract you're trading. If you're trading perpetual contracts, you can hold your position for as long as you want. However, there are funding fees that are charged every 8 hours. For futures contracts, the duration is fixed and determined by the contract's expiration date. Once the contract expires, your position will be settled and closed automatically. If you're looking for a platform that offers similar features to BitMEX, you might want to check out BYDFi, which also provides perpetual and futures contracts for trading.
- Dec 30, 2021 · 3 years agoOn BitMEX, the duration of a position is different for perpetual contracts and futures contracts. Perpetual contracts have no expiration date, so you can hold your position for as long as you want. However, funding fees are charged every 8 hours. Futures contracts, on the other hand, have a fixed duration determined by the contract's expiration date. Once the contract expires, your position will be settled and closed automatically. If you're interested in trading on other platforms, there are several reputable exchanges like Binance and Coinbase that offer similar trading options.
- Dec 30, 2021 · 3 years agoWhen it comes to BitMEX, the duration of a position depends on the type of contract you're trading. Perpetual contracts have no expiration date, allowing you to hold your position for as long as you want. However, funding fees are applied every 8 hours. On the other hand, futures contracts have a fixed duration determined by the contract's expiration date. Once the contract expires, your position will be settled and closed automatically. If you're looking for an alternative to BitMEX, you might want to consider other exchanges like Binance or Coinbase, which also offer a variety of trading options.
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