The Minimum Price Increments for the Bitcoin (XBTUSDT) and Ethereum (ETHUSDT) perpetual swaps have been reduced as per below. The change went live today at 04:00:00 UTC.
| Perpetual swap | Previous Minimum Price Increment (USDT) | New Minimum Price Increment (USDT) |
| XBTUSDT | 0.5 | 0.1 |
| ETHUSDT | 0.05 | 0.01 |
The Minimum Price Increment (Tick Size) is the smallest increment by which the price of a contract can move.
A smaller Minimum Price Increment can theoretically lead to reduced bid-offer spreads, useful for price takers when crossing the spread to trade.
If you have any questions please contact Support.