API3 Perpetual Futures on PowerTrade – Funding Rate, Contract Specs & Trading Guide
Trade API3 perpetual futures on PowerTrade with zero fees, hourly settlements, and transparent funding rates based on the CoinGecko API3/USDC index. Learn how API3 perpetuals work, how funding works.
Trade API3 perpetual futures on PowerTrade with zero fees, hourly settlements, and transparent funding rates benchmarked to the CoinGecko API3/USDC Index. API3 perpetuals allow traders to speculate or hedge API3 price movements with leverage, multi-collateral margining, and fair, verifiable funding.
👉 Start trading API3 Perpetual Futures now on PowerTrade or its decentralized counterpart Polaris.
What Are API3 Perpetual Futures?
API3 perpetual futures are leveraged derivatives that let traders go long or short on API3 price movements without holding the underlying token.
Long API3 Perpetual: Profit when API3 price rises.
Short API3 Perpetual: Profit when API3 price falls.
Unlike traditional futures, API3 perpetuals never expire. Instead, they use hourly funding payments exchanged between long and short traders to maintain alignment with API3’s global spot market price.
API3 Perpetual Contract Specifications
Instrument Name
API3-PERPETUAL
Underlying Asset
API3 (API3)
Settlement Currency
USDC
Leverage
Up to 100×
Settlement Frequency
Hourly
Trading Fees
0% maker / taker
Collateral Options
BTC, ETH, and stablecoins
Margin Mode
Isolated or Portfolio Margin
PowerTrade perpetuals offer zero-fee trading, benchmark-aligned funding, and multi-collateral flexibility, built for both retail and institutional traders.
API3 Perpetual Funding Rate Explained
PowerTrade’s API3 funding rate ensures perpetual contract prices remain in sync with the API3/USDC Index, derived from CoinGecko.
Funding Rate Formula:
F = P + clamp(I – P, +0.05%, –0.05%)Where:
P (Premium Index): Difference between the perpetual and index price.
I (Interest Rate): 0.01% per 8 hours (applied hourly).
Clamp: Limits adjustment to ±0.05% to prevent extreme funding shifts.
Funding is applied hourly and only impacts open positions at settlement. Traders who close positions before funding time pay no funding fees.
👉 Learn more: PowerTrade Funding Rate Calculation Guide
API3/USDC Index Price Methodology
The API3/USDC Index Price tracks API3’s fair market value against USDC, using data aggregated from CoinGecko’s composite exchange feed.
📊 Reference Source: API3 on CoinGecko
Purpose of the Index
The index price ensures fair and transparent pricing for API3 perpetual contracts — anchoring PowerTrade’s mark prices to a global benchmark and preventing manipulation from any single venue.
Index Construction
CoinGecko’s composite API3 index aggregates prices across major exchanges and weights them by:
Trading volume and liquidity depth
Exchange uptime and data reliability
Consistency versus global market averages
Outlier and stale prices are automatically excluded to preserve data integrity. PowerTrade uses this validated index to derive its API3 mark price and liquidation thresholds.
Fallback Mechanism
If CoinGecko’s data feed becomes temporarily unavailable, PowerTrade switches to an internal pre-market index, derived from API3 perpetual bid/ask data. This ensures uninterrupted mark pricing and system stability during data disruptions.
Mark Price and Liquidation Logic
PowerTrade’s mark price mechanism ensures smooth PnL calculations and fair liquidations:
Mark Price = Index Price + EMA(Market Price – Index Price)The EMA (Exponential Moving Average) is calculated over a 15-second window to smooth price volatility.
This helps minimize unnecessary liquidations and ensures mark prices reflect true market conditions.
PnL Calculations:
Long API3:
PnL = Position Size × (Mark Price – Entry Price)Short API3:
PnL = Position Size × (Entry Price – Mark Price)
Liquidation Trigger:
Account Balance + Unrealized PnL ≤ Maintenance Margin
When triggered:
Open orders are canceled.
Positions close at market.
The insurance fund and ADL systems maintain fairness and market stability.
Why Trade API3 Perpetual Futures on PowerTrade?
✅ 0% Trading Fees – Zero maker/taker fees for all perpetuals. ✅ Hourly Settlements – Faster, fairer, and more transparent than 8-hour cycles. ✅ Benchmark-Aligned Funding – Derived directly from CoinGecko index data. ✅ Multi-Collateral Margining – Use BTC, ETH, or stablecoins as collateral. ✅ Portfolio Margin – Cross-margin perpetuals and options. ✅ Trade Anywhere – Available on PowerTrade (CEX) and Polaris (DEX).
PowerTrade’s API3 perpetual markets deliver deep liquidity, verifiable funding, and institutional-grade transparency, ideal for professional traders and active retail users alike.
Example API3 Perpetual Use Cases
1️⃣ Hedge API3 Holdings Protect your API3 spot portfolio by shorting API3 perpetuals.
2️⃣ Leverage Trading Amplify API3 exposure with up to 100× leverage.
3️⃣ Funding Rate Arbitrage Profit from differences between PowerTrade and other exchanges’ funding rates.
4️⃣ Volatility Plays Trade short-term API3 moves with zero fees and hourly funding precision.
Funding Transparency and Reproducibility
PowerTrade stands out as one of the few exchanges where funding rates are fully reproducible from public order book and index data. Every rate can be independently verified — ensuring fairness and transparency.
👉 See details: PowerTrade Perpetual Funding Rate Methodology
How to Start Trading API3 Perpetuals
Create an account on PowerTrade or Polaris.
Deposit collateral – USDC, BTC, or ETH.
Select API3-PERPETUAL from the market list.
Trade instantly with 0% fees and hourly funding transparency.
Conclusion
PowerTrade’s API3 Perpetual Futures provide the most transparent, efficient, and fee-free way to trade API3 with leverage. Whether you’re hedging API3 exposure, arbitraging funding, or speculating on price volatility, PowerTrade and Polaris deliver the most advanced perpetual markets in crypto.
👉 Start trading API3 perpetuals today on PowerTrade or Polaris.
Last updated
Was this helpful?