Flipster will force the position to be settled based on the Mark Price at the end of transaction support. All unrealized Profit and Loss (P&L) will be converted into realized P&L at the time of settlement. An auto-settlement fee ...Read more
Tag: Flipster
Flipster is a cryptocurrency trading platform designed to make derivatives trading accessible and enjoyable for both new and seasoned traders. It offers perpetual futures listings, deep liquidity, and zero trading fees. Developed by Presto Labs, Asia’s largest quantitative trading firm, Flipster aims to provide a seamless and efficient trading experience.
Invite Link: https://flipster.io/signin?referral_code=SHIRAVERSE
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Shiraverse Latest Questions
For perpetual swaps, the Mark Price is calculated as the 1-hour Time Weighted Average Price (TWAP) per second of the index price from one hour before the end of transaction support. The formula is: Mark Price(t)=1⋅Index PriceRead more
The auto-settlement fee is calculated as: Auto-settlement Fee=Qty×Mark Price×Taker Fee\text{Auto-settlement Fee} = \text{Qty} \times \text{Mark Price} \times \text{Taker Fee} Auto-settlement Fee=Qty×Read more
Trading cryptocurrency involves risk and potential losses. Users should carefully consider their investment objectives, experience, and risk tolerance before making trading decisions. Derivatives trading, in particular, is subject to high market risk and price volatility. Independent financial advice should be ...Read more
Notional Value is defined as the Quantity of Contract multiplied by the Average Entry Price.
For symbol-specific maximum open interest amounts, please refer to Flipster’s Contracts page.
Trading fees are separated into two types: Maker Fee and Taker Fee.
A Maker order is one that goes into the order book (partially or fully) to provide liquidity. A Maker fee is charged upon the execution of these orders. For example, a limit order that adds liquidity to the order book ...Read more
Yes, let’s take the BTCUSDT.PERP contract as an example:User A opens a position with a notional value of 20,000 USDT.Total Open Interest increases to 20,000 USDT.User B opens a position with a notional value of 35,000 USDT.Total Open Interest increases ...Read more
The Notional Max Position Size for a single user is 3,000,000 USDT. If a user places another order that exceeds this limit, the order will be rejected.