Hi, I have a question regarding quarterly futures on FTX.

Question

Hi, I have a question regarding quarterly futures on FTX.

Imagine current price of BTC is 10 000 USD. On the futures markets, I buy (long) a BTC future contract for 5000 USD and the contract expires on the 30th of September. Now lets say today is the 30th of September and the current spot price for BTC is 15 000 and my BTC contract expired. What will happen to my BTC contract that just expired? What will I earn/lose from this trade?

#crypto-exchange #cryptocurrency #english #ftx

0

30.07.2022

7 ответов

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Pedro Автор вопроса

Vikir Baskerville
https://help.ftx.com/hc/en-us/articles/36002478051...

I have read that but I don't understand the text in the Expiration section, specially the 3rd paragraph is quite confusing. So imagine, I buy a BTC future contract at 5 000 USD. The current spot price of BTC is 10 000 and at the future contract expiration date the spot price for BTC is 15 000 USD. So when the contract expires I will have the right to buy BTC at 5 000 (because that is the price I paid for the contract) which will enable me to sell it for 15 000 (the spot price at expiration). Is this correct or am I messing up something? If so, please clarify. Thank you!

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31.07.2022

Vikir Baskerville

Pedro
I have read that but I don't understand the text i...

each futures position will be marked to the expiration price of the contract. If the price is 15k, it will close automatically at that price

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31.07.2022

Manik

Bro, can you give me EUROC contract address (erc20)

0

31.07.2022

Vikir Baskerville