GBP JPY is a perpetual contract, which never expires. Each contract is worth the Quantity of GBP bought/sold.
Funding is paid and received every 8 hours. More information is available in the contract details below.
| Feature | Fee Mode | Spread Mode |
|---|---|---|
| Symbol | GBP JPY | GBP JPY |
| Expiry | Perpetual (does not expire) | Perpetual (does not expire) |
| Trading Fee | ~0.01125% | 0% |
| Initial Margin | 2% + Entry Fee + Exit Fee | 2% |
| Maintenance Margin | 1% + Exit Fee | 1% |
| Max Leverage | 50X | 50X |
| Funding Interval | Every 8 hours | Every 8 hours |
| Next Funding Interval | NaN | NaN |
| Next Long Funding Rate* | ||
| Next Short Funding Rate* | ||
| Quote Currency | JPY | JPY |
| Max Contract Size | 10000000 GBP | 10000000 GBP |
*Positive funding means traders receive funds. Negative funding means traders pay funds.