1. What Is Index Futures?

Index Futures is a comprehensive trading pair that tracks the price movements of multiple assets. With a single Index Futures trade, you can capture trends across multiple assets, effectively diversify your risk, and stay ahead of the overall market movements.

 

2. Introducing ALTCOIN/USDT Index Futures

The base currency of this index is the top 10 major cryptos by market cap (excludes BTC and stablecoins). Its price is calculated using a weighted average of the component cryptos' prices and is settled in USDT. The index components and weights are as follows:

Crypto Weights (Number of coins included per index unit)
ETH 0.015
XRP 15
SOL 0.15
BNB 0.05
DOGE 100
ADA 10
TRX 50
AVAX 0.2
SHIB

400,000

 

3. Index Price Calculation

The price of Index Futures is based on a composite index derived from the spot market. The calculation formula is:

Index Price = Σ (Price of component asset * weight)

For example:

ALTCOIN Index Price = (ETH price * 0.015 + XRP price * 15 + … + SHIB price * 400,000)

 

4. Trading Parameters Breakdown

ALTCOIN/USDT Leverage ALTCOIN/USDT Position Limit ALTCOIN/USDT Maintenance Margin Rate
20 5,000 1.0%
10 25,000 2.5%
8 100,000 5.0%
5 250,000 10.0%
2 1,000,000 12.50%
1 3,000,000

50%

Note: The tiered leverage and maintenance margin rate may vary for different indices. The actual information displayed on the page shall prevail.

 

5. Fees

The trading fee and funding fee rates are the same as BingX Perpetual Futures. For details, please refer to: https://bingx.com/vip/profile/

 

6. Component Adjustment Rules:

BingX will periodically adjust the index components and weights based on market conditions and market cap to reflect the latest trend. Adjustments will occur quarterly (on the 15th of the last month of each quarter). In special circumstances, ad hoc rebalancing may occur. Please keep an eye on related announcements.

 

7. Risk Disclosure

• The Index Futures price is based on the weighted average of its component cryptos' prices and is significantly affected by their price fluctuations. During volatile markets, the index price may experience significant fluctuations. Be sure to select a leverage that matches your risk tolerance.

• The liquidity of the index's component cryptos can be influenced by market conditions, major events, or other factors. This could affect the stability of the index price. Please stay informed about market trends.

• The index component cryptos and their weights will be adjusted periodically, and ad hoc rebalancing may occur in special circumstances. Please be noted on the adjustment rules in advance and stay updated on relevant announcements to plan your trades accordingly.