Perpetual contracts have revolutionized the way traders engage with cryptocurrency markets, offering unmatched flexibility, leverage, and risk management tools. Among the platforms leading this innovation is TruBit Pro, one of the early adopters of advanced perpetual trading systems. This guide dives deep into the mechanics, benefits, and features of TruBit Pro’s perpetual contracts—designed to empower both novice and experienced traders.
Evolution of Cryptocurrency Contracts
The crypto derivatives market has evolved through three key generations of contract models:
Inverse Contracts
As first-generation products, inverse contracts are commonly found across many early exchanges. These contracts use a cryptocurrency (like BTC) as both the base asset and the settlement currency, which can complicate profit calculations for non-BTC holders.
Linear (Standard) Contracts
Second-generation linear contracts improved usability by standardizing settlement in stablecoins like USDT. However, they are only available on select platforms and often limit cross-asset flexibility.
Hybrid Perpetual Contracts
Third-generation hybrid perpetual contracts—now the industry standard—combine the best of both worlds. TruBit Pro leverages this model, enabling traders to hold diverse assets as collateral while trading USDT-margined derivatives.
👉 Discover how hybrid perpetual contracts can enhance your trading strategy
What Are TruBit Pro Perpetual Contracts?
TruBit Pro offers a modern take on perpetual swaps—also known as Quanto Swaps—where users can trade multiple cryptocurrency pairs using various digital assets as margin. Unlike traditional models that restrict collateral to a single coin, TruBit Pro supports multi-asset margining, including USDT, BTC, and ETH.
This design allows traders who don’t hold BTC to still participate in leveraged BTC/USDT or ETH/USDT trades, opening up opportunities for dollar-denominated traders seeking exposure without asset conversion.
Key Supported Pairs
- BTC/USDT
- ETH/USDT
- XRP/USDT
- SOL/USDT
- ADA/USDT
Each pair operates as a dual-currency instrument settled in one of three currencies: BTC, ETH, or USDT. Traders with sufficient settlement balance can simultaneously manage multiple positions across different markets.
Leverage and Risk Management
Leverage enables traders to control large positions with minimal capital, amplifying both potential gains and risks. TruBit Pro provides adjustable leverage levels tailored to different risk profiles.
However, high leverage increases vulnerability during volatile events—such as flash crashes or "Black Thursday"-style market collapses. To mitigate systemic risk:
- Risk-based margining ensures adequate collateral.
- Stop-loss and take-profit tools help automate exit strategies.
- Users are encouraged to set appropriate leverage based on market conditions and personal tolerance.
Proper use of leverage, combined with robust exchange-level safeguards, reduces the likelihood of unexpected liquidations.
Core Features of TruBit Pro Perpetual Contracts
Index Price Mechanism
To prevent manipulation and avoid unfair liquidations during volatility spikes, TruBit Pro uses an index price instead of the last traded price for liquidation calculations.
This index aggregates real-time data from five major spot exchanges, applying dynamic algorithms to filter outliers. The result is a more accurate, tamper-resistant benchmark that reflects true market value.
By anchoring liquidations to the index price, TruBit Pro minimizes “flash crash” scenarios caused by temporary price distortions.
Competitive Fee Structure
Trading costs matter. TruBit Pro offers one of the most competitive fee schedules in the industry:
- Maker Fee: 0.02% (standard across top exchanges)
- Taker Fee: As low as 0.04%, among the lowest in the market
Since makers add liquidity and takers remove it, lower taker fees make TruBit Pro especially attractive for active traders executing frequent market orders.
👉 See how low fees can boost your long-term trading performance
Funding Rate System
Perpetual contracts align with spot prices through periodic funding payments, exchanged every 8 hours (three times daily).
When funding rates are positive, long-position holders pay shorts; when negative, shorts pay longs. Payments only apply if you hold a position at the designated funding timestamp.
This mechanism ensures contract prices remain tethered to underlying spot values without requiring expiration dates.
Advanced Risk Controls
Dual Risk Limit System
To prevent cascading liquidations and auto-deleveraging (ADL), TruBit Pro implements a dual risk limit framework:
- Contract-Level Limits: Caps on position size per contract.
- Account-Level Limits: Restrictions based on settlement currency holdings.
If either threshold is exceeded, new orders are rejected until compliance is restored. This proactive approach protects both individual traders and the broader market from destabilizing margin events.
Order Types and Execution Flexibility
TruBit Pro supports a comprehensive suite of order types:
Market Orders
Execute instantly at the best available price—ideal for fast entries or exits.
Limit Orders
Set a target price; execution occurs only when market reaches or improves upon it.
Post-Only Orders
Ensures your order doesn’t immediately match existing liquidity, qualifying you for maker fees (0.02%) instead of higher taker fees.
Stop-Limit & Stop-Market Orders
Predefined trigger prices initiate either a limit or market order:
- Trigger Sources: Last Price, Mark Price, or Index Price
- Prevents emotional decision-making during sudden moves
Margin and Position Management
Isolated Margin Mode
Allocates dedicated margin to each position. If equity falls below maintenance levels, only that position is liquidated—limiting losses without affecting other holdings.
Ideal for traders managing multiple independent strategies.
Cross Margin Mode
Pools all available funds of the same currency into a shared margin pool. Profits from winning positions offset losses elsewhere, increasing capital efficiency.
Best suited for diversified portfolios with correlated assets.
Position Modes
- Single Direction Mode: One position per contract (long or short).
- Hedge Mode: Hold both long and short positions simultaneously—perfect for hedging strategies.
Switching between modes is seamless via the platform interface.
Fast Exit & Automation Tools
One-Click Close (Quick Settlement)
On both mobile and desktop apps, users can close positions instantly by clicking the “x” on the chart—ideal during rapid market swings.
Take-Profit & Stop-Loss Settings
Automatically close positions when targets are met:
- Take-Profit: Set above entry for longs, below for shorts.
- Stop-Loss: Opposite direction to lock in downside protection.
These can be adjusted anytime during active trades.
Stop-Loss Types
- Market Stop-Loss: Immediate execution at market price upon trigger.
- Trailing Stop-Loss: Follows price movement; locks in profits if reversal occurs (e.g., 1000-point buffer from peak).
Take-Profit Types
- Market Take-Profit: Instant closure at current price.
- Limit Take-Profit: Places a limit order at specified level—better control over slippage.
Professional-Grade Trading Interface
TruBit Pro delivers a powerful yet intuitive interface packed with analytical tools:
- Real-time K-line charts with customizable indicators
- Integrated VPVR (Volume Profile Visible Range) – a premium tool available free on TruBit Pro, showing volume concentration at price levels to identify support/resistance zones
- Built-in Long/Short Ratio Display (mobile app): Visualize market sentiment by viewing open interest distribution between bulls and bears
These features enable data-driven decisions without needing third-party platforms.
Frequently Asked Questions
Q: Can I use non-USDT assets as margin for USDT-margined contracts?
A: Yes. TruBit Pro supports multi-asset margining, allowing BTC or ETH to back USDT-denominated positions—subject to valuation rules.
Q: How often are funding fees charged?
A: Every 8 hours—at 00:00 UTC, 08:00 UTC, and 16:00 UTC. Only applicable if you hold a position at those timestamps.
Q: What happens if my position gets liquidated?
A: The system closes your position automatically when equity drops below maintenance margin. Using stop-loss orders can help avoid full liquidation.
Q: Is hedging allowed on TruBit Pro?
A: Yes. Enable dual-position mode to hold long and short positions in the same contract simultaneously.
Q: Are there any hidden fees?
A: No. All fees—including trading, funding, and withdrawal—are transparently listed in the fee schedule.
Q: Can I access advanced tools like VPVR on mobile?
A: Yes. The TruBit Pro mobile app includes full access to VPVR, long/short ratios, and real-time charting tools.