Nano Ether Perpetual Futures (ETP)

Ethereum Futures

What Is a Nano Ether Perpetual Futures Contract?

A Nano Ether Perpetual Futures Contract (ETP) is a smaller-sized, cash-settled futures contract designed to track the price of Ether.

Each contract represents 0.10 Ether and uses a funding rate mechanism to help keep the futures price closely aligned with the underlying Ether market. ETP provides traders with a regulated way to manage Ether exposure, trade on margin, or take a view on the price of ETH.

Nano Ether Perpetual Futures Contract Specifications

Product:

Nano Ether Perp Style Futures

Futures Contract Symbol:
Contract Size:

0.10 Ether

Trading Hours:

24/7 except Friday 5:00–6:00 PM ET

Minimum Price Fluctuation:

0.50 per Ether

Tick Value:

$0.05 per contract

Initial Expiration:

Third Friday of December 2030

Settlement Method:

Financially Settled in USD

Position Limits:

4,000,000 nano Ether Perp Style Futures Contracts

Exchange Fees:

Margin Requirements for Nano Ether Perpetual Futures

Nano Perp Ether Margins

Long (Buy) ETP

Short (Sell) ETP

Initial Day Margin

$50*
$60*

How to Calculate Coinbase ETH Perp Futures Margins

Coinbase margins are based off a 3:00 p.m. CT settlement price established by Coinbase.

For example:

Nano ETH Perp Style Futures (ETP)

Contract Size – 0.1 ETH

ETP – Friday’s Dec. 2030 Contract Settlement Price: $2,508

Long (Buy) is 19.9368%

Short (Short) is 27.2307%  

0.1 x 2,508 x 19.9368% = Margin for buying ETH perp-style.

Source: Coinbase

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

Other contracts can be found on our margins page.

Nano Ethereum Perpetual-Style Futures FAQ

The primary ticker symbol for these contracts is ETP. This symbol represents the Coinbase Derivatives Nano Ether contract, which is a cash-settled instrument designed for retail capital efficiency.

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