Perpetual Futures

Please refer to the table below for details on Pintu Pro Futures trading fees.



Applicable 25 November 2024 onwards



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Type</th><th>Pintu Trading Fees</th><th>CFX Fees</th><th>Total Fees</th></tr></thead><tbody><tr><th>Maker</th><td>0.1%</td><td>0%</td><td>0.1%</td></tr><tr><th>Taker</th><td>0.1%</td><td>0.1%</td><td>0.2%</td></tr></tbody></table></figure>



Applicable from 30 Nov 2024 onwards



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Type</th><th>Pintu Trading Fees</th><th>CFX Fees</th><th>Total Fees</th></tr></thead><tbody><tr><th>Maker</th><td>0.1%</td><td>0.05%</td><td>0.15%</td></tr><tr><th>Taker</th><td>0.1%</td><td>0.15%</td><td>0.25%</td></tr></tbody></table></figure>



Applicable from 1 Jan 2025 onwards (with 12% VAT)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Type</th><th>Pintu Trading Fees</th><th>CFX Fees</th><th>Total Fees</th></tr></thead><tbody><tr><th>Maker</th><td>0.112%</td><td>0.056%</td><td>0.168%</td></tr><tr><th>Taker</th><td>0.112%</td><td>0.168%</td><td>0.28%</td></tr></tbody></table></figure>



Trading fees on Pintu Pro Futures are subject to change at any time due to promotions or other adjustments.

How Much Are the Trading Fees on Pintu Pro Futures?

Taken from the CFX official website, CFX is a government-regulated crypto futures exchange dedicated to fostering the growth and development of Indonesia&rsquo;s digital asset market. Established in July 2023, CFX plays a pivotal role in ensuring a secure and innovative crypto ecosystem in Indonesia.

What is the Crypto Futures Exchange (CFX) in Indonesia?

Taken from the KKI official website (<a href="https://www.kliringkomoditi.id/id/about-us/" target="_blank" rel="noreferrer noopener">https://www.kliringkomoditi.id/id/about-us/</a>), Kliring Komoditi Indonesia is a financial institution established to facilitate futures trading activities in Indonesia by mitigating the risk of failure to fulfill transaction settlement obligations between parties&mdash;thereby creating a smoother and safer trading ecosystem and a more liquid market.

What is PT Kliring Komoditi Indonesia (KKI)?

Taken from the official website of PT PKB (<a href="https://www.portoberjangka.com/" target="_blank" rel="noreferrer noopener">https://www.portoberjangka.com/</a>), PT Porto Komoditi Berjangka (PKB) is a futures brokerage company that facilitates legal and official forex and commodity trading in accordance with Indonesian regulations. Porto Komoditi Berjangka is committed to providing quality services, technology development, and profitable investment opportunities.

What is PT Porto Komoditi Berjangka (PKB)?

Here is brief explanation of the relationship between Pintu, PKB, CFX, and KKI. 



1. Pintu is a major crypto exchange in Indonesia, enabling users to purchase digital assets securely and easily with Indonesian Rupiah (IDR). To offer more trading options, Pintu collaborates with other entities to provide additional products like perpetual futures. 



2. PKB (PT Porto Komoditi Berjangka) is a futures brokerage in Indonesia that supports forex and commodity trading. Pintu leverages PKB&rsquo;s services to provide its users with access to perpetual futures products, thus expanding the range of financial instruments available on its platform. 



3. CFX (Crypto Futures Exchange) is a government-regulated crypto futures exchange focused on Indonesia&rsquo;s digital asset market. Its role is to facilitate and regulate crypto futures trading within the country, ensuring a secure and compliant environment for futures trading.



4. KKI (Kliring Komoditi Indonesia) is a financial institution dedicated to ensuring smooth and secure futures trading in Indonesia by clearing transactions and mitigating the risks of settlement failures. 



In summary, PKB is Pintu&rsquo;s futures brokerage arm that allows users to trade leveraged products. While PKB is a separate legal entity, to provide a seamless experience, Pintu users can freely move funds between the their spot account (which is under Pintu) and derivatives account (which is under PKB) under a single and unified app. PKB operates within the regulated ecosystem provided by CFX and KKI&mdash;with CFX serving as the platform for futures trading and KKI ensuring transaction security and risk mitigation.

What is the relationship between Pintu, KKI, CFX, and PKB?

Margin Usage (MU) is calculated by dividing the total maintenance margin by the available margin plus the total maintenance margin. 



Example: 



&ndash; Total Maintenance Margin = $100 



&ndash; Available Margin = $50 



&ndash; Then Margin Usage = $100 / ($100 + $50) = 66.6%

How to calculate Margin Usage (MU)?

The percentage applied in Pintu Pro Futures for maintenance margin is 5%.

What is the maintenance margin percentage applied in Pintu Pro Futures?

Liquidation is a process where a trader&rsquo;s open position is automatically closed when the margin usage reaches 100%. 



Pintu Pro Futures uses cross-margin, meaning that when margin usage reaches 100%, the trader&rsquo;s entire funds will be liquidated, resulting in their total balance in Pintu Pro Futures becoming 0.

What is liquidation in futures trading?

Margin usage (MU) refers to the amount of funds or collateral used by a trader to maintain a leveraged position.



In Pintu Pro futures, MU is represented as a percentage (%). The higher the percentage, the more margin or funds the user is using to maintain their trading position.



Pintu Pro Futures uses cross-margin, it means when margin usage reaches 100%, the user&rsquo;s entire funds will be liquidated, causing the user&rsquo;s balance in Pintu Pro Futures to become zero. Therefore, users are advised to keep their MU within a safe limit.



You can see the calculation of Margin usage <a href="https://pintu.co.id/en/faq/how-to-calculate-margin-usage" target="_blank" rel="noreferrer noopener">here</a>.

What is Margin Usage (MU)?

The maximum position you can hold on Pintu Pro Futures varies for each cryptocurrency. You can view the information about the maximum position in the top left corner of each cryptocurrency page. After clicking the drawer, select the &ldquo;Fees &amp; Contract&rdquo; menu to see the complete information.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="508" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg" alt="" class="wp-image-116197" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg 1024w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-300x149.jpg 300w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-768x381.jpg 768w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px"></figure>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="380" height="800" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg" alt="" class="wp-image-116198" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg 380w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1-143x300.jpg 143w" sizes="(max-width: 380px) 100vw, 380px"></figure>

What is the maximum position that can be held on Pintu Pro Futures?

The minimum order size or lot on Pintu Pro Futures varies for each cryptocurrency. You can view the information about the minimum order size in the top left corner of each cryptocurrency page. After clicking the drawer, select the &ldquo;Fees &amp; Contract&rdquo; menu to see the complete information.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="508" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg" alt="" class="wp-image-116197" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg 1024w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-300x149.jpg 300w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-768x381.jpg 768w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px"></figure>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="380" height="800" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg" alt="" class="wp-image-116198" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg 380w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1-143x300.jpg 143w" sizes="(max-width: 380px) 100vw, 380px"></figure>

What is the minimum order size (lot) on Pintu Pro Futures?

The maximum order size or lot on Pintu Pro Futures varies for each cryptocurrency. You can view the information about the maximum order size in the top left corner of each cryptocurrency page. After clicking the drawer, select the &ldquo;Fees &amp; Contract&rdquo; menu to see the complete information.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="508" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg" alt="" class="wp-image-116197" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-1024x508.jpg 1024w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-300x149.jpg 300w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1-768x381.jpg 768w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.43-1.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px"></figure>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="380" height="800" src="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg" alt="" class="wp-image-116198" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1.jpg 380w, https://blog.pintu.co.id/wp-content/uploads/2024/11/Screenshot-2024-11-06-at-10.59.56-1-143x300.jpg 143w" sizes="(max-width: 380px) 100vw, 380px"></figure>

What is the maximum order size (lot) on Pintu Pro Futures?

Pintu has no trading volume limit for perpetual trading, and each trading pair has a limit for the position value. But don&rsquo;t worry, the value limit is very high!

Are there any limits on trading volume or position value?

You can use the tax report feature in Pintu to report profits from perpetual futures trading. 



<ul class="wp-block-list">
<li>Access Tax Report by opening the Pintu app and clicking the Account menu. </li>



<li>After that, select the Tax Report option. Users can choose the desired tax year. </li>



<li>Finally, choose between &ldquo;Download Report&rdquo; or &ldquo;Send Report to My Email.&rdquo;</li>
</ul>

How do I report my profits from perpetual futures for my tax report?

PX is a symbol for IDR backed USDT perpetual futures contract. The PX symbol will be used temporarily during the Beta Release period. The PERP symbol will be used once the Beta Release period ends.

What is the extra word PX in the Pintu Pro Futures trading pairs?

Long is a situation where a user buys a crypto asset expecting to sell it at a higher price for more gains later.



Short is the opposite of long. So, users will open a position because they expect the price to fall. Users can have more opportunities in a bearish situation as they can make more gains when the price of an asset is falling.

What is a Long and Short in Futures?

Leverage is a trading feature that allows users to borrow capital from the exchange to trade with larger funds. Pintu Pro Futures offers 5x and 25x leverages. Currently, 25x leverage is only available for certain cryptocurrencies.



You can boost your purchasing power with leverage, increasing your potential gains. However, using leverage also comes with a higher risk of liquidation.

What is a Leverage on Pintu Pro Futures?

Pintu Pro Futures is the newest feature on Pintu Pro that allows you to trade perpetual contracts. Pintu Pro Futures allows you to capitalize on bullish or bearish markets by opening long and short positions. With Pintu Pro Futures, you can increase your gain opportunities using 5x and 25x leverages. Currently, 25x leverage is only available for certain cryptocurrencies.

What is Pintu Pro Futures?

Yes, Pintu Pro Futures is safe and regulated. Pintu Pro Futures complies with its regulatory obligations to users under the laws and regulations of the Republic of Indonesia, with reference to the relevant and applicable Terms &amp; Conditions.

Is Pro Futures safe and regulated in Indonesia?

Every transaction you make at Pintu Pro Futures is guaranteed to be safe. Derivative products are regulated and supervised by regulators to ensure the safety of transactions. Pintu Pro Futures complies with its regulatory obligations to users under the laws and regulations of the Republic of Indonesia, with reference to the relevant and applicable Terms &amp; Conditions.

Are transactions at Pintu Pro Futures secure?

To access Futures in Pintu Pro, you can go to Home. Then select the Futures tab. However, you must first complete the KYC verification to access the Futures feature. Once the KYC is complete, you can access the Futures feature.

How Do I Access Futures on Pintu Pro?

<ol class="wp-block-list">
<li>To open a position on Pro Futures, you can do it via the Market page on Pintu Pro.</li>



<li>Once on the Market page, select the Futures tab to see a list of available crypto pairings.</li>



<li>You can click directly on the pairing or search for it in the search bar.</li>



<li>Once on the trade page, select the market order option to use the current market price. Choose limit order if you have a specific target price.</li>



<li>Then, enter the amount. You can immediately open a position by pressing the buy/long button (if you believe the asset price will increase) or sell/short (if you believe the asset price will decrease).</li>



<li>Click confirm to complete the transaction.</li>



<li>If you use a market order, you will immediately open a new position, as seen in the Positions tab. Meanwhile, if you use a limit order, your position will be in the Open Order tab until the target price is reached.</li>
</ol>

How Do I Open a Position on Pintu Pro Futures?

The Funding Rate at Pintu Pro Futures is dynamic and depends on market conditions. The rate is influenced by the demand for a particular crypto. You can view the current funding rate on the trading page of each contract pair on &ldquo;Funding&rdquo; menu. 


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" decoding="async" width="369" height="800" src="https://blog.pintu.co.id/wp-content/uploads/2024/09/contoh-funding-rate-1.jpg" alt="" class="wp-image-114645" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/09/contoh-funding-rate-1.jpg 369w, https://blog.pintu.co.id/wp-content/uploads/2024/09/contoh-funding-rate-1-138x300.jpg 138w" sizes="(max-width: 369px) 100vw, 369px"></figure></div>

What’s the Funding Rate on Pintu Pro Futures?

Here are the steps to add margin to your Pintu Pro Futures account:



<ol class="wp-block-list">
<li>Go to the Pintu Pro wallet page, then select the transfer menu.</li>



<li>Then, choose Pintu Pro Futures as the destination.</li>



<li>Enter the amount of USDT you want to send. Only USDT assets can be sent from/to the Pintu Pro Futures wallet.</li>



<li>After that, click the transfer button and the sending process will happen instantly and with zero fee.</li>
</ol>

How do I add margin on Pintu Pro Futures?

There are two main reasons behind the wallet separation between Pro Spot and Pro Futures.



Different Risk Profiles:&nbsp;Spot trading involves the immediate exchange of assets, while futures trading involves contracts that may be settled at a future date, often with leverage. Futures trading inherently carries more risk due to the use of leverage, which can amplify both gains and losses. By separating accounts, exchanges help traders manage and isolate the risks associated with each type of trading.



Margin Requirements:&nbsp;Futures trading typically requires the use of margin (collateral), whereas spot trading does not. Keeping these accounts separate ensures that the margin requirements for futures are maintained independently, preventing the commingling of funds and potential margin calls affecting spot holdings.

Why are the wallets between Pro Spot and Pro Futures separated?

Margin is the amount of funds an investor must deposit with an exchange to open a position for perpetual trading. This amount serves as collateral for the exchange against potential investor losses. 



Open order margin is the amount held for open orders that have not yet been executed. In other words, if you place a limit, a portion of your margin will be allocated to that order until it is filled or canceled. For example, to place a $1,000 order on a 20% initial margin (5x leverage), the margin requirement is $200. 



Maintenance margin is the amount of margin balance required in your account wallet to keep positions open. You will be liquidated if your margin balance falls below the maintenance margin. For example, to maintain a position of $1,000 with a 5% maintenance margin requirement, the margin that will be locked is $50. 



Available margin is the portion of your margin balance that is not used for maintenance or open order margins. Available margin can be used to open new positions.



Please note that the maintenance margin may vary for each leverage level. For more information, check the <a href="https://pintu.co.id/en/faq/what-is-the-maintenance-margin-percentage-in-pintu-pro-futures" target="_blank" rel="noreferrer noopener">FAQ at this link</a>.

What are Margin, Open Order Margin, Maintenance Margin, and Available Margin?

A contract is a legal agreement to buy or sell a specific commodity asset at a predetermined price at a specified time. This contract is known as a futures contract. Contracts that are not tied to a particular time are known as perpetual contracts.

What is contract?

No, you have to do close positon one by one.

Can I close all my positions at once on Pro Futures?

No. Pintu Pro Futures only supports cross margin future trading.

Is there an Isolated or Cross option in Pro Futures?

Pintu Pro Futures currently does not offer the option to adjust the level of leverage. However, you can always increase your total margin balance to lower the effective leverage and the overall liquidation risk of your account.

How do I increase or decrease leverage at Pintu Pro Futures?

Margin usage will be considered &lsquo;danger&rsquo; when it surpasses 75%. This means your position is at risk of liquidation. Liquidation will occur when margin usage reaches 100%. 



The calculation mechanism for margin usage is as follows: 



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="134" src="https://blog.pintu.co.id/wp-content/uploads/2024/09/how-to-calculate-margin-usage-1024x134.jpg" alt="how to calculate margin usage" class="wp-image-109132" srcset="https://blog.pintu.co.id/wp-content/uploads/2024/09/how-to-calculate-margin-usage-1024x134.jpg 1024w, https://blog.pintu.co.id/wp-content/uploads/2024/09/how-to-calculate-margin-usage-300x39.jpg 300w, https://blog.pintu.co.id/wp-content/uploads/2024/09/how-to-calculate-margin-usage-768x100.jpg 768w, https://blog.pintu.co.id/wp-content/uploads/2024/09/how-to-calculate-margin-usage.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px"></figure>



When margin usage enters the danger zone, you can lower it by adding more margin or closing open orders.

What does the Usage Margin in the Danger Stage Mean?

When margin usage reaches 100%, the exchange will do a pre-check before liquidating your account. If you have open orders, the exchange will cancel all your open orders to lower your margin usage level. However, if you do not have any open orders, the exchange will liquidate your futures account by taking over all open positions as well as all the remaining margin balance.

What happens when the Margin Usage (MU) indicator reaches 100%?

Because you do not have sufficient available margin. To open new positions and orders, please add your margin via <a href="https://pintu.co.id/en/faq/how-do-i-add-margin-on-pintu-pro-futures">transfer</a> or canceled your existing open orders.

Why am I not able to open a new position or place a new order?

The word PERPS in the trading pair is a symbol that indicates that the pairing is a Perpetual-based contract. In other words, it is a contract that has no expiration date. Another function of the PERPS word is standardizing the naming and classification of derivative instruments in the crypto market.

Why do Trading Pairs in Futures Use the Extra Word PERPS?

Entry price refers to the price at which a trader opens long or short positions. 



Mark price is a reference price used for perpetual futures profit and loss valuation as well as risk management. The mark price is calculated from a weighted average of index prices from global crypto exchanges adjusted for funding. 



Liquidation price is the price point at which the exchange will liquidate a trader&rsquo;s position to prevent further losses. Before reaching the liquidation price, the exchange will give a warning through a margin call so that traders can close their positions manually or deposit additional funds.

What are entry price, mark price, and liquidation price?

Funding settlement is a periodic payment made between long and short positions holders based on the prevailing funding rate.



Funding settlements are made every 8-hour interval at 7:00 WIB, 15:00 WIB, and 23:00 WIB. If the funding rate is positive, traders with long positions will pay those with short positions. If the funding rate is negative, traders with short positions will pay traders with long positions.



Users will only pay or receive funding if they have a position when the settlement happens. You will not pay or receive funding if you close your position before the funding settlement.

What is Funding & Settlements?

Market close is an instruction to close a position based on the best price in the order book (real-time). Limit close is an instruction to close a position automatically when the asset reaches a specified target price.

What are Market Close and Limit Close?

Funding rates is the rate used to determine the funding settlement in perpetual futures contracts, given the absence of an expiration date. Funding rates ensure that the funding mechanism tether the futures price to the mark price. This alignment aims to prevent price divergence between the two markets.



Please refer to this <a href="https://pintu.co.id/en/academy/post/what-is-the-funding-rate">link</a> for a more in-depth explanation of funding rates.

What is Funding Rate?

To understand perpetual trading, we must first grasp the concept of derivatives. A derivative is a financial instrument whose value is derived from an underlying asset, in this case, a cryptocurrency.



In traditional derivative products such as futures contracts, each contract has an expiration date. On the other hand, perpetual trading is a contract with no expiration date. This means that traders can hold long or short positions for as long as they desire.



Please refer to this <a href="https://pintu.co.id/en/academy/post/what-is-perpetual-trading" target="_blank" rel="noreferrer noopener">link</a> for a more in-depth explanation of perpetual trading.

Browse by Topic