> For the complete documentation index, see [llms.txt](https://support.power.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.power.trade/trading/perpetuals/perpetuals-contract-specifications/ath-perpetual-futures-on-powertrade-funding-rate-contract-specs-and-trading-guide.md).

# ATH Perpetual Futures on PowerTrade – Funding Rate, Contract Specs & Trading Guide

Trade **ATH perpetual futures** on [**PowerTrade**](https://power.trade) with **zero fees**, **hourly settlements**, and **benchmark-aligned funding rates** powered by the **CoinGecko ATH/USDC Index**.\
ATH perpetuals allow traders to **speculate or hedge Aethir price movements** with **leverage**, **multi-collateral margining**, and **transparent, reproducible funding**.

👉 **Start trading ATH Perpetual Futures now on** [**PowerTrade**](https://power.trade) **or its decentralized counterpart** [**Polaris**](https://polaris.trade)**.**

***

### What Are ATH Perpetual Futures?

**ATH perpetual futures** are leveraged derivative contracts that let traders go **long or short on Aethir (ATH)** without owning the underlying token.

* **Long ATH Perpetual:** Profit when ATH’s price increases.
* **Short ATH Perpetual:** Profit when ATH’s price decreases.

Unlike dated futures, **ATH perpetuals never expire**. Instead, they rely on **hourly funding payments** between long and short traders to keep prices in line with ATH’s spot market value.

***

### ATH Perpetual Contract Specifications

| Parameter                | Details                      |
| ------------------------ | ---------------------------- |
| **Instrument Name**      | ATH-PERPETUAL                |
| **Underlying Asset**     | Aethir (ATH)                 |
| **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 **institutional-grade infrastructure**, **zero trading fees**, and **benchmark-aligned funding**, designed for both professional and retail traders.

***

### ATH Perpetual Funding Rate Explained

PowerTrade’s **ATH funding rate** ensures the perpetual contract price stays aligned with the **ATH/USDC Index**, derived from [**CoinGecko**](https://www.coingecko.com/en/coins/aethir).

**Funding Rate Formula:**

```
F = P + clamp(I – P, +0.05%, –0.05%)
```

Where:

* **P (Premium Index):** Difference between the market and index prices.
* **I (Interest Rate):** 0.01% per 8 hours (applied hourly).
* **Clamp:** Restricts adjustments to ±0.05% to prevent extreme funding changes.

Funding is **applied hourly** and affects only positions open at settlement.\
Traders who close positions before the funding timestamp **avoid paying funding fees**.

👉 **Learn more:** PowerTrade Funding Rate Calculation Guide

***

### ATH/USDC Index Price Methodology

The **ATH/USDC Index** represents the fair, real-time market value of Aethir (ATH) against USDC, using aggregated spot data from **CoinGecko’s composite exchange feed**.

📊 **Reference Source:** [Aethir (ATH) on CoinGecko](https://www.coingecko.com/en/coins/aethir)

#### Purpose of the Index

The index acts as the **reference rate** for ATH perpetual contracts, ensuring fair pricing and protecting traders from single-exchange volatility.\
It’s used to determine mark prices, liquidation levels, and funding calculations.

#### Index Construction

CoinGecko’s composite index aggregates ATH/USDC (or equivalent pairs) from multiple reputable exchanges and weights them by:

* Trading volume and liquidity depth
* Historical uptime and data reliability
* Consistency with global market averages

CoinGecko automatically excludes stale or anomalous data to maintain index integrity.\
PowerTrade integrates this validated feed to ensure accurate and manipulation-resistant pricing.

#### Fallback Mechanism

If CoinGecko’s data feed becomes unavailable, PowerTrade switches to an **internal pre-market index** using **bid/ask data** from the ATH perpetual order book.\
This guarantees continuous pricing and fair liquidations even during external data outages.

***

### Mark Price and Liquidation Logic

PowerTrade’s **mark price mechanism** ensures consistent and fair PnL calculations across all perpetual markets.

```
Mark Price = Index Price + EMA(Market Price – Index Price)
```

* The **EMA (Exponential Moving Average)** is calculated over a 15-second window to smooth out volatility.
* This mechanism minimizes unfair liquidations and ensures stability during fast price swings.

**PnL Formulas:**

* **Long ATH:** `PnL = Position Size × (Mark Price – Entry Price)`
* **Short ATH:** `PnL = Position Size × (Entry Price – Mark Price)`

**Liquidation Trigger:**\
`Account Balance + Unrealized PnL ≤ Maintenance Margin`

Upon liquidation:

1. All open orders are canceled.
2. Positions are closed at market.
3. PowerTrade’s **insurance fund** and **auto-deleveraging (ADL)** system safeguard the market and other traders.

***

### Why Trade ATH Perpetual Futures on PowerTrade?

✅ **0% Trading Fees** – Trade with zero maker or taker fees.\
✅ **Hourly Funding** – More frequent and transparent than 8-hour cycles.\
✅ **Benchmark-Aligned Pricing** – Uses CoinGecko ATH/USDC index data.\
✅ **Multi-Collateral Margining** – Use BTC, ETH, or stablecoins as margin.\
✅ **Portfolio Margin** – Cross-margin across perpetuals and options.\
✅ **Trade Anywhere** – On [PowerTrade (CEX)](https://power.trade) or [Polaris (DEX)](https://polaris.trade).

PowerTrade’s ATH perpetuals combine **deep liquidity**, **verifiable funding transparency**, and **cross-platform access** — ideal for both active traders and institutions.

***

### Example ATH Perpetual Use Cases

1️⃣ **Hedge ATH Exposure**\
Short ATH perpetuals to offset your spot holdings and lock in profits.

2️⃣ **Leverage Trading**\
Amplify directional exposure on ATH with up to 100× leverage.

3️⃣ **Funding Arbitrage**\
Capture profits from funding rate differences across platforms.

4️⃣ **Volatility Speculation**\
Trade short-term ATH price swings with 0% fees and hourly funding.

***

### Funding Transparency and Reproducibility

PowerTrade’s funding rates are **fully reproducible** from public order-book and index data — making it one of the most transparent perpetual exchanges in the industry.\
Every trader can independently verify funding, ensuring fairness and confidence.

👉 **Full details:** PowerTrade Perpetual Funding Rate Methodology

***

### How to Start Trading ATH Perpetuals

1. **Create an account** on [PowerTrade](https://power.trade) or [Polaris](https://polaris.trade).
2. **Deposit collateral** – USDC, BTC, or ETH.
3. **Select ATH-PERPETUAL** in the markets tab.
4. **Trade instantly** with 0% fees and hourly funding transparency.

***

### Conclusion

PowerTrade’s **ATH Perpetual Futures** deliver a fast, transparent, and capital-efficient way to trade Aethir with leverage.\
Whether you’re **hedging**, **speculating**, or **arbitraging**, PowerTrade and Polaris provide the most advanced, fair, and liquid perpetual markets in crypto.

👉 **Start trading ATH perpetuals today on** [**PowerTrade**](https://power.trade) **or** [**Polaris**](https://polaris.trade)**.**


---

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