NIGHTUSDTM is the NIGHT-USDT perpetual swap mini contract. This contract has no expiry date, and is worth 1000 NIGHT per contract.
*The interval time of funding settlement may change during periods of high market volatility. See relative announcements for details.

| Keyword | Description |
|---|---|
Contract Name | NIGHTUSDTM |
Type | Settled in USDT, quoted in USDT |
Expiry Date | Perpetual |
Contract Size | 1 contract = 1000 NIGHT |
Tick Size | 0.0000001 USDT |
Max Order Price | 1,000,000.0000000 USDT |
Max Limit Order Size | 1,000,000contract |
Max Market Order Size | 1,000,000contract |
Min Order Size | 1contract |
Price Protection Limit | 10.00% |
Initial Margin Rate | 1/Leverage |
Maintenance Margin Rate | 1.20% |
Risk Limit | 5,000.00000000 USDT |
Risk Limit Tick Size | 2,500.00000000 USDT |
Fee Rates | Maker: 0.0200% / Taker: 0.0600% More details |
Open Interest | 61.80Kcontract |
Funding Interval | Every 4h |
Funding Rate | 0.0009% |
Next Funding | 03/20/2026 00:00:00 |
Base Currency Rate | 8 Hour: .NIGHTINT8H; 1 Min: .NIGHTINT |
Quote Currency Rate | 8h: .USDTINT8H / 1m: .USDTINT |
Premium Index | 8 Hour: .NIGHTUSDTMPI8H; 1 Min: .NIGHTUSDTMPI |
Mark Price Method | Fair Price |