Two limits control how much perpetual futures exposure you can take: a per-asset limit and an account limit. Both are based on your account tier (for example, $10,000), not your current balance, so they stay the same for the life of the account.
Per-asset limit
Each asset has a multiplier. The largest position you can hold in that asset, long or short, is that multiplier multiplied by your account tier. For example, 3× on a $10,000 account means you can hold a position with up to $30,000 of exposure. Position size is measured as notional value: the number of contracts times the current mark price.
The limit is cumulative. Adding to an existing position counts toward it, so that $30,000 can be one trade or several smaller ones.
Account limit
All of your open positions share one allowance of 100%. Each position uses a share equal to its size divided by that asset's limit. A new order is rejected if it would take the total above 100%.
For example, on a $10,000 account, a $15,000 BTC long uses 50% (of a $30,000 limit) and a $6,000 ETH short uses 30% (of a $20,000 limit). The remaining 20% can go into any asset, measured against that asset's own limit: up to $3,000 of LINK (1.5×, $15,000 limit), or $500 of a 0.25× asset. A $5,000 SOL position would need 25% and is rejected.
Maximum leverage
Leverage is capped at 10× on every asset, and lower on many. The table below lists each asset's maximum. Leverage changes how much margin a position needs; it does not raise the position limit.
On TRX and PAXG, a position larger than $3,000,000 (reachable only on a $1,000,000 account) is limited to 5× leverage.
Crypto assets
Position limit | Max leverage | Assets |
5× | 10× | PAXG, TRX |
3× | 10× | BTC |
2× | 10× | AVAX, BNB, DOT, ETH, JUP, LTC, SOL |
2× | 5× | GRAM, ICP, RENDER, TAO, WLFI, XMR |
1.5× | 10× | ADA, APT, ARB, DOGE, HYPE, LINK, NEAR, ONDO, SUI, UNI, XRP |
1.5× | 5× | ASTER, INJ, PENDLE, PYTH, TIA, XLM |
1.5× | 3× | AERO, CC, VVV |
1× | 10× | AAVE, BCH, kBONK, CRV, FARTCOIN, kPEPE, kSHIB, WLD, XPL, ZEC |
1× | 5× | ETHFI, FET, JTO, LDO, LIT, MON, MORPHO, POL, S, SPX, VIRTUAL, WIF, ZRO |
1× | 3× | CHIP |
0.5× | 10× | ENA, PUMP, TRUMP |
0.5× | 5× | KAITO, PENGU, STX |
0.5× | 3× | CASHCAT, GRASS, PEOPLE, PURR |
0.25× | 5× | ALGO, DASH, EIGEN, ETC, FIL, HBAR, STRK, ZK |
0.25× | 3× | BIO, CAKE, HEMI, KAS, kLUNC, MEGA, MET, PONS, SKR, SOPH, SUSHI, SYRUP, YGG |
Any crypto asset added after this list was published has a 0.25× position limit by default.
Commodities, indices and FX
These markets also have a fixed dollar limit that does not grow with account size, because their liquidity is thinner. Your limit is the lower of 0.25× your account tier and the fixed dollar limit.
Market | Max leverage | Fixed limit | $1K | $5K | $10K | $25K | $50K | $100K | $1M |
SP500 | 8× | $2,200,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
XYZ100 | 6× | $1,600,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
BRENTOIL | 3× | $1,300,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
CL | 3× | $1,300,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
GOLD | 6× | $860,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
SILVER | 2× | $850,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $250,000 |
JPY | 10× | $220,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $220,000 |
NATGAS | 1× | $59,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $25,000 | $59,000 |
COPPER | 6× | $24,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $24,000 | $24,000 |
JP225 | 5× | $19,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $19,000 | $19,000 |
PALLADIUM | 1× | $17,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $17,000 | $17,000 |
EUR | 10× | $15,000 | $250 | $1,250 | $2,500 | $6,250 | $12,500 | $15,000 | $15,000 |
PLATINUM | 2× | $11,000 | $250 | $1,250 | $2,500 | $6,250 | $11,000 | $11,000 | $11,000 |
KR200 | 2× | $6,000 | $250 | $1,250 | $2,500 | $6,000 | $6,000 | $6,000 | $6,000 |
GBP | 10× | $1,000 | $250 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
Good to know
Closing is always allowed. Reducing or closing a position is never blocked by these limits.
Price moves don't cause positions to close if they move above the limit. The same applies if a price move takes your account over 100%. You can't open or add to positions until there is room again.
Flipping sides. If one order takes you from long to short, only the new short position counts toward your limits.
Delisted markets are close-only. You can close an existing position, but you can't open or add to one.
Minimum order size is $10 for orders that open or add to a position.