BCH perps on Swapmos, up to 10x leverage

Bitcoin Cash split from Bitcoin in 2017 over block size, and it still trades largely as a higher beta version of BTC, with liquidity conditions and halving cycles setting the tone. Many traders use it against Bitcoin rather than on its own. The perpetual is margined in USDC, carries no expiry, and funding is exchanged between longs and shorts while the position runs.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.01
Size tick
0.001
Funding interval
every 8 hours

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Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.