Does Pluang Offer Expiry-Dated Futures, or Only Perpetual Futures?

Pluang only offers perpetual futures contracts — there is no expiry-dated futures option available on the platform, and this isn't something you can toggle or select when opening a position. Every Crypto Futures contract on Pluang has no settlement date and can be held indefinitely, using a funding rate mechanism to keep the contract price anchored to the spot market instead of converging toward a fixed expiry.

• Perpetual futures — what you get on Pluang: No expiry date, so you can hold a long or short position for as long as you maintain sufficient margin. A periodic funding rate between longs and shorts keeps the perpetual price close to the spot index.
• Expiry futures — not available on Pluang: Some other exchanges offer dated futures that settle automatically on a fixed date with no funding rate. Pluang does not offer this contract type, with no exception by asset or leverage tier.
• What this means for you: No force-closed positions from an expiry date, no contract rollovers — a perpetual position only closes when you close it manually or when it's liquidated.
• Pricing: Perpetual futures trade at a premium or discount to spot (the basis), regulated by the funding rate rather than time decay toward a settlement date.
• Why Pluang chose perpetual-only: One contract type per asset, no expiry calendar to track, and no rollover mechanics to learn.

Related questions:

Q: Does a perpetual futures position on Pluang automatically close at any point?
No — perpetual positions stay open until you close them manually or until they're liquidated due to insufficient margin.

Q: Will my position ever need to be rolled over on Pluang?
No. Since Pluang only offers perpetual contracts with no expiry, there's no rollover to manage.

Q: Are funding rate payments charged on every Crypto Futures contract on Pluang?
Yes — since Pluang only offers perpetual contracts, the funding rate mechanism applies to every position you hold.

Q: If I'm used to trading expiry futures on another platform, how does Pluang differ?
Every Pluang Crypto Futures contract is perpetual — no settlement date to plan around, but you do pay or receive a periodic funding rate instead.

Q: Can Pluang add expiry-dated futures alongside perpetual contracts in the future?
Currently, Pluang's Crypto Futures product offers only perpetual contracts, with no expiry-dated option in the platform.