This article sets out the Perpetual Contract Product Specifications that apply to the specific SPYUSD Perpetual Contract. You should read this in conjunction with these FAQs and the Addendum.
SPYUSD Perpetual Contract is settled in USD. In addition, USD can be used for deposits and withdrawals. Crypto.com may permit other stablecoin Virtual Assets to settle the SPYUSD Perpetual Contract in the future.
Symbol | SPYUSD-PERP |
Underlying Asset | S&P 500 ETF |
Asset Class | Equity Index ETF |
Unit | 1 share |
Contract Maturity | Not Applicable |
Underlying | Crypto.com SPYUSD Index |
Product Type | Perpetual Swap |
Contract Size | 1 SPY (1 USD per index point) |
Min Order Qty | 0.001 SPY |
Min Tick Size | 0.01 USD |
Margin Policy | Retail : Isolated Margin Non-retail : Cross Margin |
Trading Bandwidth | Aggressive bandwidth : +/-5% of MarkPrice
Passive bandwidth : +/-50% of MarkPrice |
Maximum Leverage | Refer to the Margin Rule page for the latest product leverage. |
Fair Impact Size ($) Notional | 2000 |