ZebPay Perpetual Futures

Perpetual Futures on ZebPay are crypto derivative contracts that let you take positions on the price movements of cryptocurrencies without owning the underlying asset and without an expiry date. Unlike traditional futures contracts, perpetual futures have no settlement date, you can hold a position indefinitely, as long as you maintain the required margin. On ZebPay, you can open long (buy) or short (sell) positions on 200+ tokens with up to 75x leverage, making perpetual futures a tool for both hedging and speculative trading.

ZebPay offers perpetual futures trading on 200+ tokens across Crypto-INR and Crypto-USDT pairs. Popular pairs include BTC-INR, ETH-INR, BTC-USDT, and ETH-USDT. The full list is accessible in the ZebPay platform under the Futures trading section. ZebPay continues to expand its futures market offering, check the platform for the current list of supported trading pairs.

ZebPay Perpetual Futures offers up to 75x leverage, allowing you to control a significantly larger position with a relatively small capital outlay. For example, with 75x leverage, a ₹1,000 margin can control a position worth ₹75,000. However, higher leverage also amplifies losses proportionally, if the market moves against your position, losses scale with the leverage applied. Please use leverage based on your risk appetite.

ZebPay Perpetual Futures supports two primary order types: Market Orders, which execute immediately at the best available price, and Limit Orders, which execute only when the market reaches your specified price or better. You can also configure Take Profit (TP) and Stop Loss (SL) orders at the time of placing a trade or after a position is open, enabling automated risk management without needing to monitor the market continuously.

ZebPay Perpetual Futures provides access to 100+ technical indicators and interactive charting tools to support market analysis and informed trading decisions. These include standard and advanced indicators such as Moving Averages, RSI, MACD, and Bollinger Bands. The full suite is available on both the ZebPay web platform and mobile app, enabling traders of all experience levels to perform in-depth technical analysis before entering or managing positions.

To start trading Perpetual Futures on ZebPay:

1. Complete your KYC verification and sign in to your ZebPay account.
2. Deposit funds into your ZebPay wallet via INR or crypto.
3. Transfer the desired amount from your main wallet into your dedicated Futures Wallet.
4. Navigate to the Futures trading section, select your trading pair, set your desired leverage, choose your order type, and place your trade. 

Perpetual Futures is available to all KYC-verified users who meet ZebPay’s eligibility criteria.

The ZebPay Futures Wallet is a dedicated, separate wallet used exclusively for perpetual futures trading. Unlike your main ZebPay wallet, which holds assets for spot trading, Earn deposits, withdrawals, etc. The Futures Wallet is ring-fenced specifically for futures margin and P&L. You must manually transfer funds from your main wallet into the Futures Wallet before opening any futures position. Both INR and USDT balances are displayed within the Futures Wallet.

Yes. ZebPay Perpetual Futures is fully available on the ZebPay mobile app for both Android and iOS, as well as on the ZebPay web platform. The mobile app provides the complete futures trading experience, including order placement, leverage selection, Take Profit/Stop Loss configuration, position monitoring, and access to technical charting tools, giving you the flexibility to trade from anywhere.

ZebPay enables instant order placements with zero delay. Whether you’re placing a buy or sell order, your trades are executed and instantly settled.

Perpetual Futures trading on ZebPay is available to all KYC-verified users who meet ZebPay’s eligibility criteria. You must have a verified ZebPay account (KYC completed), be an Indian citizen or Indian-registered entity, and have funds available in your Futures Wallet. New users can complete KYC during the sign-up process in less than 2 minutes using ZebPay’s zero-doc KYC flow.

In Perpetual Futures trading on ZebPay, an order is an instruction to buy or sell a contract at a specified or market price. A position is the result of that order being filled, it represents your actual active market exposure. For example, placing a buy (long) order creates a long position once executed. You can have multiple open positions simultaneously, and each remains active until you close it, or if it hits your Take Profit/Stop Loss, or it is liquidated.

On ZebPay Perpetual Futures, you can set TP and SL levels either at the time of placing your order or after a position is already open. To set TP/SL when placing an order, enter your target levels before confirming. To add or modify TP/SL on an open position, go to your Positions tab and edit the levels directly. Both TP and SL can be modified or removed at any time before the position is closed, giving you full flexibility to adjust risk management as market conditions change.

Margin Ratio in ZebPay Perpetual Futures is calculated as: (Used Margin ÷ Total Account Equity) × 100

It represents the percentage of your account equity currently tied up in active positions. A higher Margin Ratio means more of your funds are being used as collateral, placing you closer to the liquidation threshold. Monitoring your Margin Ratio is critical, if it rises too high due to adverse price movements, your position will be liquidated prior to it going in negative.

In ZebPay Perpetual Futures, a long position means you are buying a futures contract, expecting the price to rise, you profit if the price increases. A short position means you are selling a futures contract, expecting the price to fall, you profit if the price decreases. Choose based on your market outlook: bullish market sentiment = take a long; bearish market sentiment = take a short. Both directions are available on all supported pairs, making perpetual futures useful for hedging existing spot holdings as well as directional trading.

In India, profits from crypto futures trading are treated as speculative business income and taxed according to your applicable personal income tax slab rate. Crypto tax treatment in India is still evolving, and ZebPay strongly recommends consulting a qualified chartered accountant or tax advisor for personalised guidance on filing obligations for futures income.

Spot trading on ZebPay involves buying or selling actual cryptocurrency, you own the underlying asset after purchase. Crypto futures trading involves contracts based on an asset’s price, without taking ownership. Key differences: Ownership: Spot = you own the crypto; Futures = you hold a price contract. Leverage: Available in futures up to 75x; not available in spot. Risk/Reward: Higher in futures due to leverage. Wallet: Futures require a separate Futures Wallet distinct from your main spot wallet.

Liquidation on ZebPay Perpetual Futures occurs when your margin balance falls below the required maintenance margin level, triggered by adverse price movements against your open position. When liquidation is triggered, ZebPay automatically closes your position to prevent your account balance from going negative. To avoid liquidation: monitor your Margin Ratio closely; add margin to your Futures Wallet if the ratio is rising; and use Stop Loss orders to exit positions before the liquidation threshold is reached. Your estimated liquidation price for each position is displayed in the Positions tab.

On ZebPay Perpetual Futures, a maker fee applies when you place an order that is not immediately filled and adds liquidity to the order book, such as a limit order set away from the current market price. A taker fee applies when your order matches immediately against an existing order, removing liquidity, such as a market order. Maker fees are typically lower than taker fees, as makers contribute liquidity to the platform. For exact maker and taker fee rates applicable to your account tier, refer to ZebPay’s Pricing page.

Yes. ZebPay Perpetual Futures is available to Indian users. ZebPay is registered with the Financial Intelligence Unit (FIU)-India and is PMLA-compliant, making it a fully regulated platform for crypto trading in India. Indian citizens and Indian-registered entities can access perpetual futures after completing KYC verification.

The funding rate in perpetual futures is a periodic payment exchanged between long and short position holders to keep the futures contract price aligned with the underlying spot market price. If the funding rate is positive, long position holders pay short position holders. If negative, short position holders pay long position holders. Funding payments on ZebPay Perpetual Futures are calculated at regular intervals. For traders holding positions over extended periods, funding rates can meaningfully impact overall profitability and should be factored into position management decisions.

Effective risk management on ZebPay Perpetual Futures involves:

1. Using Stop Loss orders on every position to automatically exit if the market moves against you.
2. Monitoring your Margin Ratio regularly and adding margin if it approaches dangerous levels.
3. Setting Take Profit targets to lock in gains without watching the market continuously.
4. Using ZebPay’s 100+ technical indicators to make data-backed decisions rather than emotional ones.