The Minimum Price Increments for the Bitcoin (XBTUSDT) and Ethereum (ETHUSDT) perpetual swaps will be reduced as per below on 5 February 2024 at 04:00:00 UTC.
Perpetual swap | Current Minimum Price Increment (USDT) | Minimum Price Increment (USDT) starting 5 February 2024 04:00:00 UTC |
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.
In the meantime, if you have any questions please contact Support.