Perpetual Swap Contracts are futures-like contracts that do not have an expiry date.
Since they never expire, their prices may not naturally converge with the spot price. However, a key feature of perpetual swaps is that they typically trade very close to the spot price, thanks to a mechanism called funding (which helps align the prices).
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article