Solirion
DERIVATIVES / PERPETUAL FUTURES

Continuous tenor.
Continuous oversight.

Continuous-tenor derivative structures examined through funding, index quality, margin and venue-specific settlement rules.

Discuss perpetual futures All derivatives
HOW THE INSTRUMENT WORKS

Perpetual Futures

Perpetual instruments generally do not have a scheduled expiry. Their relationship to a reference market depends on contract-specific funding, margin and settlement mechanisms. Exchange-listed perpetual-style futures and offshore perpetual swaps are distinct products with different legal and operating arrangements.

INSTITUTIONAL FOCUS

Professional institutions assessing an eligible venue, contract form and jurisdiction-specific market-access arrangement.

APPLICATIONS

Start with a specific exposure.

01

Continuous market exposure

Compare a continuous-tenor instrument with dated futures and spot positions, including changing funding and collateral needs.

02

Funding and basis analysis

Examine the funding formula, reference index and price divergence rather than treating funding payments as a predictable return.

03

Operational monitoring

Assess the frequency of margin, settlement and liquidation events and the resources needed to monitor them.

CONTRACT & BRIEFING INPUTS

Read the terms.
Define the operating scope.

Contract and eligibility
Legal contract form, venue, eligible client classification and permitted jurisdictions.
Reference and funding
Index constituents, mark-price method, funding formula, payment interval and any caps or adjustments.
Position and collateral
Contract size, notional, collateral currency, margin method and concentration controls.
Settlement and close-out
Settlement frequency, trading interruptions, liquidation rules, default arrangements and close-out procedures.
Records and oversight
Funding history, position records, source timestamps, exception ownership and operating coverage.
PRODUCT LIFECYCLE

From exposure to an accountable record.

  1. 01

    Identify

    Separate the legal contract and venue from the general label “perpetual.”

  2. 02

    Assess

    Review index quality, funding behavior, market depth and adverse collateral scenarios.

  3. 03

    Confirm

    Establish eligibility, provider responsibilities and the source of position and settlement records.

  4. 04

    Monitor

    Track funding, mark prices, collateral and venue events throughout the position’s life.

RELATED INSTRUMENTS

Compare the product choices.

Futures

Listed contracts for defined market exposure, position hedging and the management of basis, expiry and collateral.

Explore the product

Forwards & Swaps

Bilateral contract structures for specified future settlement or exchanged cash flows, with clear references and counterparty responsibilities.

Explore the product
CONNECT WITH SOLIRION

Discuss your perpetual futures requirements.

Include the underlying, approximate notional, time horizon, institution and relevant jurisdictions. Contract and service details can then be assessed for your specific requirements.

Start a product discussion