Binance Futures Beginner Guide | USDⓈ-M Perpetual Contracts
Binance perpetual futures let you open long or short positions using margin. Ordinary spot purchases hold the asset; futures create a contract position.
Key fields
| Field | Meaning |
|---|---|
| Margin | Funds supporting the position |
| Leverage | Notional position size relative to margin |
| Isolated / cross margin settings | Isolated uses allocated position margin; cross uses the relevant account’s available margin |
| Liquidation price | Depends on maintenance margin and position state; check the trading screen |
| Funding rate | Periodic payments between longs and shorts, with contract-specific timing |
For example, 100 USDT margin at 10x corresponds to about 1,000 USDT notional. Trading fees use executed notional value.
To explore these fields in public accounts, see the Hyperliquid position lookup guide for entry price, leverage and liquidation price.
Use the market monitor to compare price moves, funding and open interest. See open interest and price changes for the meaning of OI.
Trading screen steps
- Enable the futures service available to your account and choose a pair.
- Select isolated or cross margin and set leverage.
- Enter the order type, price and quantity.
- Check margin, fees and estimated liquidation price before submitting.
- Manage exit orders in Positions and review records after closing.
Stop orders remain subject to execution conditions and slippage. See the official contract guide.
Fees and rebates
Opening and closing are separate trades. Binance funding payments are separate. Use your account rate and check BNPRIME futures coverage.