Opening IdentaFi…Opening IdentaFi…Opening IdentaFi…Isolated USDG margin for global equity benchmark exposure.
An index perpetual tracks the movement of a benchmark. It does not represent ownership of the constituent companies, voting rights, dividends or delivery of the index.
A long position benefits from a rise in the reference index; a short position benefits from a fall. Profit and loss are calculated in USDG. Each position has its own collateral allocation.
Signed units = position notional / execution index level PnL = signed units × (closing level − entry level)
The calculator uses the following starting assumptions. These are not deployed contract guarantees.
| Parameter | Major markets | Other markets |
|---|---|---|
| Maximum leverage | 20× | 10× |
| Maintenance margin | 2% of notional | 4% of notional |
| Open / close fee | 0.08% | 0.10% |
| Reference spread | 0.02% | 0.05% |
| Minimum collateral | 10 USDG | 10 USDG |
Market orders request an immediate fill subject to a slippage bound. A limit order waits for a favorable price threshold. A stop order activates after the reference price crosses the selected level.
The preview saves order parameters only. A saved order is not monitored or executed by a keeper. Liquidation estimates exclude future funding, close fees and market gaps.
The intended trading schedule follows each index’s home exchange. Overnight and weekend gaps can move the price beyond a displayed liquidation estimate before execution becomes possible.
A production funding mechanism may compensate the liquidity side for carrying a net market imbalance. The effective rate and accrual must be read from the live engine before entering a position.