User:Aleksey Bragin/Articles/Inverse futures

An inverse futures is a novel type of a cash-settled futures contract and the most popularly traded cryptocurrency derivative in the world. Inverse futures differ from regular futures in that their price is quoted in a fiat currency and all margin and PNL calculations are denominated in a cryptocurrency. Payments between holders of two sides of the contracts, long and short, are conducted in a cryptocurrency on the exchange where they are traded. Inverse futures have either a specified time in the future when payment occurs, which is known as the expiry date or maturity date, or don't have any maturity date and trade indefinitely. In this case they are called inverse perpetual futures contracts or inverse perpetual swaps.