Perpetual Futures

This page answers the most common questions about Pintu Simplified Perps. Pick a topic below to jump straight to what you need.



<ul class="wp-block-list">
<li><a href="#what">What is Simplified Perps?</a></li>



<li><a href="#act">What can I do on the Markets page?</a></li>



<li><a href="#info">What information is available on the trade page?</a></li>



<li><a href="#pd">What is Position Distribution?</a></li>



<li><a href="#how">How do I select a direction and place an order?</a></li>



<li><a href="#max">What&#8217;s the maximum leverage, and why do I need to agree to terms before trading?</a></li>



<li><a href="#why">Why is every order a Market Order, and why is the minimum amount sometimes uneven?</a></li>



<li><a href="#longshort">What happens after I tap Long or Short?</a></li>



<li><a href="#monitor">How do I monitor my open positions?</a></li>



<li><a href="#when">When can I set Take Profit and Stop Loss?</a></li>



<li><a href="#position">How do I adjust an open position?</a></li>



<li><a href="#close">How do I close a position?</a></li>



<li><a href="#diff">How is Simplified Perps different from Pro?</a></li>
</ul>



1. What is Simplified Perps? A streamlined futures trading view on the Pintu App. You only need to decide one thing:&nbsp;Long&nbsp;or&nbsp;Short. It&#8217;s designed for retail users new to derivatives trading.



2. What can I do on the Markets page? The Markets page lists contracts as cards, each showing last price, 24h volume, leverage, Long/Short ratio, Win Rate, and PnL ROI. You can:



<ul class="wp-block-list">
<li>Search for a contract by name</li>



<li>Sort the list by price, Win Rate, or PnL ROI</li>



<li>Favourite a contract by tapping the star icon</li>



<li>Open a position directly by tapping Long or Short on the card, without visiting the trade page first</li>
</ul>



3. What information is available on the trade page? The trade page has three main sections:



<ul class="wp-block-list">
<li>Price Info Bar: last price, Mark Price, 24H change, 24H high/low, and volume, all updating in real-time</li>



<li>Live Chart: adjustable timeframes (1m, 15m, 1H, 4H, 1D), switchable between simple line chart or TradingView</li>



<li>Funding Rate: current rate plus a countdown to the next funding event</li>
</ul>



4. What is Position Distribution? It shows the percentage of other Pintu users currently Long or Short on the same contract. This section includes educational labels and a disclaimer that it&#8217;s not financial advice. Calculations only include Pintu users&#8217; open position volume, excluding Market Makers.



5. How do I select a direction and fill in an order? Tap&nbsp;Long&nbsp;or&nbsp;Short&nbsp;to set your direction. The system shows a visual confirmation and a forecast message like&nbsp;&#8220;You forecast BTC will go up.&#8221;&nbsp;Next, enter your order amount in the&nbsp;&#8220;You Pay&#8221;&nbsp;field, in USDT. A minimum amount applies.



6. What&#8217;s the maximum leverage, and why do I need to agree to terms first? Leverage can be set up to&nbsp;25x&nbsp;via a slider. Margin and estimated liquidation price update automatically as leverage changes. Since Simplified Perps uses&nbsp;isolated margin&nbsp;exclusively, you must accept the terms before opening your first position. This agreement is timestamped and recorded.



7. Why is every order a Market Order, and why is the minimum amount sometimes uneven? All orders on Simplified Perps execute as Market Orders. Behind the scenes, the system still applies a limit order with roughly 2.5% price protection, keeping execution prices reasonable. Uneven minimum amounts come from each asset&#8217;s minimum tick size. BTC, for example, has a minimum tick of 0.001 BTC, so the system rounds to the nearest valid size.



8. What happens after I tap Long or Short? A confirmation bottom sheet appears, showing the order type (Market Order), estimated entry price, and estimated liquidation price. Tap&nbsp;Confirm&nbsp;to execute, or&nbsp;Cancel&nbsp;to return to the form with your inputs preserved.



9. How do I monitor my open positions? The&nbsp;Positions&nbsp;tab shows your count of active positions. Each one displays entry price, PnL, liquidation price, and margin, updating in real-time. If there&#8217;s no position for that contract, you&#8217;ll see&nbsp;&#8220;No Open Position for This Contract.&#8221;



10. When can I set Take Profit and Stop Loss? Only after your position is open. This isn&#8217;t available during the initial order form, keeping the opening flow simple for new users.



11. How do I adjust an open position? Two types of adjustment are available for isolated margin positions:



<ul class="wp-block-list">
<li>Add/Remove Margin: add margin to push the liquidation price further away, or withdraw margin to your free balance. Margin locked into one position reduces what&#8217;s available for your other cross positions in the same Futures Wallet.</li>



<li>Resizing a position: adjusting an open position&#8217;s size is currently only available through the Pro view.</li>
</ul>



12. How do I close a position? Tap the close action on the active position card. The position closes instantly, is removed from your open list, and your PnL is realized.



13. How is Simplified Perps different from Pro? Simplified Perps uses a dark theme with bottom navigation (Home, Market, Trade, Futures, Wallet), focused on one decision: Long or Short. The backend remains shared with Pro — there&#8217;s only one Futures Wallet, with no separate wallet for isolated margin.



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
⚠️&nbsp;Important:&nbsp;Leveraged futures trading carries high risk. Margin locked into one isolated position can affect the liquidation risk of your other positions. Make sure you understand the mechanics before opening a position.
</blockquote>

Pintu Simplified Perps

<ul class="wp-block-list">
<li><a href="#safeandregulated" target="_blank" rel="noreferrer noopener">Are Pintu Futures transactions safe and regulated?</a></li>



<li><a href="#cfxexchangefee" target="_blank" rel="noreferrer noopener">About Exchange Fees (CFX) at Pintu</a></li>



<li><a href="#volumepositionlimit" target="_blank" rel="noreferrer noopener">Is there a trading volume or position value limit?</a></li>



<li><a href="#maxposition" target="_blank" rel="noreferrer noopener">What&#8217;s the maximum position size?</a></li>



<li><a href="#futurestradingfee" target="_blank" rel="noreferrer noopener">What&#8217;s the Trading Fee at Pintu Futures?</a></li>
</ul>



<h3 class="wp-block-heading" id="safeandregulated">Are Pintu Futures transactions safe and regulated?</h3>



Transactions on Pintu Futures are guaranteed safe. Derivative products are regulated and supervised to ensure transaction security.



Pintu Futures also complies with its obligations to users under applicable laws in the Republic of Indonesia, referring to relevant applicable Terms &amp; Conditions.



<h3 class="wp-block-heading" id="cfxexchangefee">About Exchange Fees (CFX) at Pintu</h3>



Starting March 1, 2026, every buy/sell transaction at Pintu is charged a CFX fee of 0.0111% (tax included).



Why does Pintu charge a CFX fee? Pintu, as a Digital Financial Asset Trader, is licensed and supervised by Indonesia&#8217;s Financial Services Authority (OJK). Pintu is also a member of PT Central Finansial X (CFX), Indonesia&#8217;s first Digital Financial Asset Exchange. Per CFX Exchange regulations, digital financial asset traders that are exchange members are required to charge a 0.0111% exchange fee on every buy/sell transaction.



How is this implemented? The CFX fee is already included in the final price when you buy/sell.



<h3 class="wp-block-heading" id="volumepositionlimit">Is there a trading volume or position value limit?</h3>



Pintu has no trading volume limit for perpetual trading.



For position value, each trading pair has its own limit — but don&#8217;t worry, the limits are very high.



<h3 class="wp-block-heading" id="maxposition">What&#8217;s the maximum position at Pintu Futures?</h3>



The maximum position varies by crypto asset. Check the full details in the top-left corner of each asset&#8217;s page — click the drawer, then select the Fees &amp; Contract menu.



<h3 class="wp-block-heading" id="futurestradingfee">What&#8217;s the Trading Fee at Pintu Futures?</h3>



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Type</th><th>Pintu Trading Fee</th><th>CFX Fee</th><th>Total Fee</th></tr></thead><tbody><tr><td>Maker</td><td>0.12%</td><td>0.0555%</td><td>0.1755%</td></tr><tr><td>Taker</td><td>0.12%</td><td>0.1665%</td><td>0.2865%</td></tr></tbody></table></figure>



Trading fees at Pintu Futures can change anytime, e.g. due to promos or other changes.

Fees, Limits, & Security

The minimum and maximum order size (lot) on Pintu Futures varies for each crypto asset. You can check both directly on each asset&#8217;s page.



<h2 class="wp-block-heading">How to Check Minimum &amp; Maximum Order Size</h2>



<ol class="wp-block-list">
<li>Open the Futures asset page you want to check (e.g. BTCUSDT-PERP).</li>



<li>Tap the Fees &amp; Contract tab at the top of the page.</li>



<li>Scroll to the Contract section.</li>



<li>View Max Order Size and Min Order Size there.</li>
</ol>



<figure class="wp-block-image size-full is-resized"><img fetchpriority="high" decoding="async" width="656" height="800" src="https://blog.pintu.co.id/wp-content/uploads/2026/07/Feescontract-1.jpeg" alt="" class="wp-image-282539" style="width:840px;height:auto" srcset="https://blog.pintu.co.id/wp-content/uploads/2026/07/Feescontract-1.jpeg 656w, https://blog.pintu.co.id/wp-content/uploads/2026/07/Feescontract-1-246x300.jpeg 246w" sizes="(max-width: 656px) 100vw, 656px" /></figure>

How to Check Minimum & Maximum Order Size on Pintu Futures

Margin Usage (MU) is the key indicator for managing risk on Pintu Futures. This guide explains what MU is, how to calculate it, its danger stage, what happens during liquidation, and how the Reduce-Only feature can help you manage your positions more safely.



<ul class="wp-block-list">
<li><a href="#whatismarginusage">What is Margin Usage (MU)?</a></li>



<li><a href="#calculatemu">How to calculate Margin Usage</a></li>



<li><a href="#mudangerstage">Margin Usage danger stage</a></li>



<li><a href="#whatisliquidation">What is liquidation?</a></li>



<li><a href="#whatisliquidation">What happens during liquidation?</a></li>



<li><a href="#whatisreduceonly">What is Reduce-Only?</a></li>



<li><a href="#howreduceonlyworks" target="_blank" rel="noreferrer noopener">How does it work?</a></li>



<li><a href="#whenusereduceonly">When should I use Reduce-Only?</a></li>



<li><a href="#reduceonlyincreaseposition">What happens if my Reduce-Only order would increase my position?</a></li>



<li><a href="#usedlimit">Can Reduce-Only be used for Limit and Market orders?</a></li>



<li><a href="#reduceonlycanceled" target="_blank" rel="noreferrer noopener">Why was my Reduce-Only order canceled or not executed?</a></li>



<li><a href="#regularvsreduceonly">What&#8217;s the difference between a regular order and a Reduce-Only order?</a></li>
</ul>



<h2 class="wp-block-heading" id="whatismarginusage">What is Margin Usage (MU)?</h2>



Margin Usage (MU) is the amount of funds or collateral you use to maintain a leveraged position. On Pintu Futures, MU is shown as a percentage (%).



The higher the percentage, the more of your funds are tied up maintaining your position. Pintu Futures uses cross-margin, so MU reaching 100% can liquidate all your funds down to 0. Because of this, keep your MU within a safe range.



<h2 class="wp-block-heading" id="calculatemu">How to calculate Margin Usage</h2>



MU is calculated by dividing total maintenance margin by available margin plus total maintenance margin:



MU = Total Maintenance Margin / (Available Margin + Total Maintenance Margin)



Example:



<ul class="wp-block-list">
<li>Total Maintenance Margin = $100</li>



<li>Available Margin = $50</li>



<li>MU = $100 / ($100 + $50) = 66.6%</li>
</ul>



<h2 class="wp-block-heading" id="mudangerstage">Margin Usage danger stage</h2>



MU enters the danger stage once it exceeds 75%. This means your position is at risk of liquidation. Liquidation occurs when MU reaches 100%.



When MU enters the danger stage, you can still lower it in two ways:



<ul class="wp-block-list">
<li>Adding margin, or</li>



<li>Closing open orders.</li>
</ul>



<h2 class="wp-block-heading" id="whatisliquidation">What is liquidation?</h2>



Liquidation is the process where your open position is automatically closed once MU reaches 100%. Since Pintu Futures uses cross-margin, liquidation can result in all your funds on Pintu Futures becoming 0.



<h2 class="wp-block-heading" id="whatisliquidation">What happens during liquidation?</h2>



When MU reaches 100%, the exchange runs a check before liquidating your account:



<ul class="wp-block-list">
<li>If you still have open orders, all open orders are canceled first to lower MU.</li>



<li>If there are no open orders, the exchange liquidates the account by taking over all open positions and the remaining margin.</li>
</ul>



During liquidation, your remaining account balance is taken over by the Clearing House (PT KKI) to cover liquidation costs. Example: if you have Rp1,000,000 in maintenance margin at the time of liquidation, that amount is taken by the Clearing House, bringing your balance to zero.



After that, the Clearing House will strategically close your position in the order book to minimize market impact. If this results in a surplus, the excess is allocated to the insurance fund at CFX. The insurance fund serves as a protective reserve, so the winning party still receives their payout even if the counterparty defaults.



⚠️ Risk Notice: Leveraged futures trading carries high risk. You could lose all your funds in a short period. Make sure you understand how MU and liquidation work before opening a position.



<h2 class="wp-block-heading" id="whatisreduceonly">What is Reduce-Only?</h2>



Reduce-Only is a Futures order option that ensures your order can only reduce or close an open position, and will never open a new position or increase the size of an existing one.



<h2 class="wp-block-heading" id="howreduceonlyworks">How does it work?</h2>



When the Reduce-Only option is enabled, the system checks your order against your current open position:



<ul class="wp-block-list">
<li>If the order reduces the position, it&#8217;s processed as usual.</li>



<li>If the order would potentially increase or flip the position&#8217;s direction, the system will reject or adjust (shrink) the order so it doesn&#8217;t exceed the existing position size.</li>
</ul>



Example: You have a Long position of 1 BTC. If you place a Sell order of 2 BTC with Reduce-Only, the system will only execute 1 BTC (closing the position), not the full 2 BTC, which would otherwise open a Short position of 1 BTC.



<h2 class="wp-block-heading" id="whenusereduceonly">When should I use Reduce-Only?</h2>



This feature is useful when you want to make sure an order only closes a position, for example when placing a Take Profit or Stop Loss order. With Reduce-Only, you avoid the risk of accidentally opening a new position in the opposite direction.



<h2 class="wp-block-heading" id="reduceonlyincreaseposition">What happens if my Reduce-Only order would increase my position?</h2>



The order won&#8217;t increase your position. Depending on the condition, the order will either be rejected or automatically shrunk to match the remaining position size that can be reduced.



<h2 class="wp-block-heading" id="usedlimit">Can Reduce-Only be used for Limit and Market orders?</h2>



Yes. Reduce-Only can be used on both Limit and Market orders, including Take Profit / Stop Loss orders.



<h2 class="wp-block-heading" id="reduceonlycanceled">Why was my Reduce-Only order canceled or not executed?</h2>



Some possible causes:



<ul class="wp-block-list">
<li>The position you wanted to reduce is already closed (e.g., already liquidated or closed by another order), so there&#8217;s no position left to reduce.</li>



<li>The order direction doesn&#8217;t match your open position (e.g., a Buy Reduce-Only order while you don&#8217;t have a Short position).</li>
</ul>



<h2 class="wp-block-heading" id="regularvsreduceonly">What&#8217;s the difference between a regular order and a Reduce-Only order?</h2>



A regular order can increase, reduce, close, or flip a position&#8217;s direction. A Reduce-Only order can only reduce or close an existing position — providing an extra layer of safety for risk management.

Futures Risk Management: Understanding Margin Usage (MU), Liquidation, & Reduce-Only

The Insurance Fund is a protective reserve used in futures trading to cover losses from liquidated positions when they cannot be fully closed at the bankruptcy price. Its purpose is to absorb these losses so that users are less likely to be affected by extreme market swings. When the Insurance Fund is sufficient, liquidations are handled smoothly without impacting other traders. Only if the fund is depleted does the system activate additional protections, such as Auto-Deleveraging, to maintain platform stability and protect users.

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