BRVX Glossary · Futures trading · Updated September 25, 2026
Futures trading is buying or selling contracts that track the price of an asset — a commodity, an index, a currency or a coin — instead of the asset itself. A trader goes long on the view that the price rises or short on the view that it falls, usually with leverage, and settles the difference in cash rather than taking delivery.
The formula
PnL Size × (Exit − Entry) ÷ Entry
A futures position gains or loses on the price change of the underlying, multiplied by its size.
How it works
- Pick a side Long or short
- Post margin A fraction of size
- Close Settle the difference
On this page
Dated and perpetual futures
Classic futures have an expiry date: an oil or index contract for December settles in December, and a trader who wants to stay in the trade must roll into the next month. Perpetual futures have no expiry; a funding payment between longs and shorts keeps their price close to the underlying instead.
A worked example
A trader expects Brent to rise and opens a 1,000 USDT long with 100 USDT of margin, which is 10x leverage. If Brent gains 3%, the position earns about 30 USDT, 30% of the margin, before fees. If Brent falls 3%, the same 30 USDT is lost.
Futures trading on BRVX
BRVX lists perpetual futures only — no expiry dates and no rolling. They cover crypto, US stocks, gold, silver, oil, copper, EUR/USD and an index, with margin in USDT, USDC, BTC, ETH, SOL or BNB and funding every hour (every 3 hours on XYZ100).
Questions about Futures trading
Is futures trading the same as stock trading?
No. A stock trade buys a share; a futures trade opens a contract on the price and never gives you the underlying asset.
Why do futures traders use leverage?
Because margin is only a fraction of the position size, so a small deposit controls a larger exposure. Losses grow in the same proportion as gains.
What is the difference between futures and perpetual futures?
Futures expire on a set date; perpetual futures do not and use periodic funding payments instead.
Futures trading: next steps on BRVX
Futures trading on XRP/USDT today: 5x to 100x, fees 0.08% in and 0.08% out, funding 0.016% long and 0.0103% short per hour.
Read next: Margin call, Perpetual futures and Leverage.
Leverage works both ways: a small move against you can lose you the whole margin.
Open XRP/USDT in the app
Open appLeverage raises both gains and losses. Start with a size you are comfortable with. Not available to US persons.