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

Trade ETC perpetual futures on PowerTrade with zero fees, hourly settlements, and transparent funding rates based on the CoinGecko ETC/USDC index. Learn how Ethereum Classic perpetuals work, funding.

Trade ETC perpetual futures on PowerTrade with zero fees, hourly settlements, and benchmark-aligned funding rates powered by the CoinGecko ETC/USDC Index. ETC perpetuals give traders the flexibility to speculate or hedge Ethereum Classic price movements with leverage, multi-collateral margining, and transparent, reproducible funding.

👉 Start trading ETC Perpetual Futures now on PowerTrade or its decentralized counterpart Polaris.

What Are ETC Perpetual Futures?

ETC perpetual futures are leveraged derivatives that allow traders to go long or short on Ethereum Classic (ETC) without owning the underlying token.

  • Long ETC Perpetual: Profit when ETC price rises.

  • Short ETC Perpetual: Profit when ETC price falls.

Unlike traditional futures, ETC perpetuals never expire. Instead, they use hourly funding payments exchanged between long and short traders to keep prices aligned with the global ETC spot market.

ETC Perpetual Contract Specifications

Parameter
Details

Instrument Name

ETC-PERPETUAL

Underlying Asset

Ethereum Classic (ETC)

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 provide zero-fee trading, multi-collateral support, and transparent, benchmark-aligned funding, catering to both retail and institutional traders.

ETC Perpetual Funding Rate Explained

PowerTrade’s ETC funding rate ensures perpetual contract prices stay in line with the ETC/USDC Index, sourced 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 changes to ±0.05% to prevent extreme funding adjustments.

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

👉 Learn more: PowerTrade Funding Rate Calculation Guide

ETC/USDC Index Price Methodology

The ETC/USDC Index Price represents Ethereum Classic’s fair market value against USDC, using aggregated spot market data from CoinGecko’s composite feed.

📊 Reference Source: Ethereum Classic (ETC) on CoinGecko

Purpose of the Index

The index acts as the reference rate for ETC perpetual contracts — ensuring mark prices and liquidation levels reflect the global market consensus. This prevents manipulation from a single venue and provides fair, transparent pricing.

Index Construction

CoinGecko’s composite index aggregates ETC/USDC (and equivalent) spot prices across major exchanges, weighting them by:

  • 24-hour trading volume and liquidity depth

  • Data reliability and uptime

  • Price stability versus the global average

Outlier or stale prices are automatically excluded. PowerTrade integrates this validated index to ensure accurate mark prices and fair funding calculations in real time.

Fallback Mechanism

If CoinGecko’s feed becomes temporarily unavailable, PowerTrade switches to an internal pre-market index, derived from order-book bid/ask data for ETC perpetuals. This guarantees uninterrupted pricing and reliable liquidations even during external data disruptions.

Mark Price and Liquidation Logic

PowerTrade’s mark price mechanism smooths market volatility and ensures fair PnL and liquidation calculations:

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

  • The EMA (Exponential Moving Average), calculated over 15 seconds, filters short-term noise.

  • This reduces liquidation risk and ensures stable mark pricing across all market conditions.

PnL Formulas:

  • Long ETC: PnL = Position Size × (Mark Price – Entry Price)

  • Short ETC: PnL = Position Size × (Entry Price – Mark Price)

Liquidation Trigger: Account Balance + Unrealized PnL ≤ Maintenance Margin

When triggered: 1️⃣ Open orders are canceled. 2️⃣ Positions close at market. 3️⃣ The insurance fund and auto-deleveraging (ADL) system maintain market stability and fairness.

Why Trade ETC Perpetual Futures on PowerTrade?

✅ 0% Trading Fees – No maker or taker fees. ✅ Hourly Funding – Faster and more precise than traditional 8-hour cycles. ✅ Benchmark-Aligned Pricing – CoinGecko index ensures transparency and fairness. ✅ Multi-Collateral Margining – Trade using BTC, ETH, or stablecoins. ✅ Portfolio Margin – Cross-margin ETC perpetuals with other derivatives. ✅ Trade Anywhere – Available on PowerTrade (CEX) and Polaris (DEX).

PowerTrade’s ETC perpetual markets combine deep liquidity, fair pricing, and zero-fee execution, making them ideal for both professional and active traders.

Example ETC Perpetual Use Cases

1️⃣ Hedge ETC Spot Holdings Protect your long-term ETC position by shorting ETC perpetuals.

2️⃣ Leverage Trading Trade ETC price movements with up to 100× leverage.

3️⃣ Funding Rate Arbitrage Exploit funding rate discrepancies between PowerTrade and other exchanges.

4️⃣ Volatility Trading Trade short-term ETC price swings using leverage and predictable hourly funding.

Funding Transparency and Reproducibility

PowerTrade’s funding rates are fully reproducible using public market and index data. Every rate can be independently verified, ensuring trust, fairness, and transparency for all traders.

👉 Full methodology: PowerTrade Perpetual Funding Rate Methodology

How to Start Trading ETC Perpetuals

1️⃣ Create an account on PowerTrade or Polaris. 2️⃣ Deposit collateral – USDC, BTC, or ETH. 3️⃣ Select ETC-PERPETUAL in the perpetual markets tab. 4️⃣ Trade instantly with 0% fees and transparent hourly funding.

Conclusion

PowerTrade’s ETC Perpetual Futures deliver transparency, efficiency, and zero trading fees — the most powerful way to trade Ethereum Classic with leverage. Whether you’re hedging, speculating, or arbitraging, PowerTrade and Polaris offer the most advanced and liquid ETC perpetual markets in crypto.

👉 Start trading ETC perpetuals today on PowerTrade or Polaris.

PreviousEOS Perpetual Futures on PowerTrade – Funding Rate, Contract Specs & Trading GuideNextFARTCOIN Perpetual Futures on PowerTrade – Funding Rate, Contract Specs & Trading Guide

Last updated

Was this helpful?