ARKKUSDT Perpetual Contract Lists with 20x Leverage

Bybit Launches ARKKUSDT Perpetual Contract with Up to 20x Leverage

Cryptocurrency exchange Bybit has announced the listing of the ARKKUSDT Perpetual Contract, allowing traders to engage with the ARK Innovation ETF (ARKK) with up to 20 times leverage.

The new contract is accessible for trading through Bybit’s Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

The ARKKUSDT Perpetual Contract is based on the ARK Innovation ETF as its underlying asset and settles in USDT. It features a tick size of 0.01 and a maximum leverage of 20. The capped funding rate is set at 2.5%, with funding fees settled every eight hours. Trading for the contract is available 24/7.

The ARK Innovation ETF is managed by ARK Invest.