Binance Futures has announced the launch of the USDⓈ-Margined GOATUSDT Perpetual Contract, offering up to 75x leverage. This contract will be available starting from 2024-10-24 13:30 (UTC), with the underlying asset being Goatseus Maximus (GOAT). The settlement asset will be USDT, and the contract supports 24/7 trading with a funding fee settled every four hours. The maximum funding rate will initially be capped at +2.00% / -2.00%.
Key details include:
Tick Size: 0.0001
Maximum Leverage: 75x
Multi-Assets Mode: Supported (allowing BTC or other assets as margin)
Funding Fee Settlement Frequency: Every 4 hours
The contract specifications, including the funding fee, leverage, and margin requirements, may be adjusted based on market risk conditions. For more information, users can refer to Binance’s detailed guides on futures trading, fees, and funding rates.