You can find an example of the collateral required to open a futures position on our Bounded Futures product page

On this page you will see that the buyer and seller collateral can be calculated as:

Buyer: No. of Contracts * Contract Multiplier * (Trade Price - Lower Bound)

Seller: No. of Contracts * Contract Multiplier * (Upper Bound - Trade Price)

Contract Multiplier: You can find the contract multiplier for our Bounded Futures contracts on our Bounded Futures page.

Example:

Using a Bounded Bitcoin futures contract with a Lower boundary of 36,000, an Upper Boundary of 60,000, currently trading at $48,765.

The amount of collateral a Buyer would need for each futures contract would be:

1 * .01 * (48,765 - 36000) = $127.65

The amount of collateral a Seller would need for each futures contract would be:

1 * .01 * (60,000 - 48,765) = $112.35