LBank Stock Futures are derivative contracts that track the price movements of U.S. publicly listed companies while being traded entirely within the crypto ecosystem. Instead of buying actual shares, users trade contracts whose value reflects the underlying stock price, using USDT or other supported cryptocurrencies as collateral.
This allows traders to gain exposure to companies like Apple or Tesla without owning the stocks themselves.
Stock Futures differ from conventional stock trading in several key ways:
These features make Stock Futures better suited for flexible, strategy driven trading.
No.
LBank Stock Futures currently do not apply funding fees. Positions can be held without incurring recurring holding costs, making the product cost efficient compared with many perpetual contracts.
Profit and loss are determined by the price difference between opening and closing positions, adjusted by contract size and trade direction.
PnL = (Closing Price − Opening Price) × Contract Multiplier × Quantity × Direction
A trader buys 1 AAPL contract at 100 and closes at 105.
PnL = (105 − 100) × 1 × 1 × +1 = +5
A trader sells 1 TSLA contract at 200 and closes at 195.
PnL = (195 − 200) × 1 × 1 × −1 = +5
LBank applies standard perpetual contract risk controls.
The system continuously evaluates the margin ratio of each isolated position using the fair price. When the margin ratio reaches the liquidation threshold, the position is automatically closed to prevent further losses.
The fair price is calculated by aggregating the latest transaction prices of the underlying U.S. stock from multiple mainstream market data providers. This approach helps reduce the impact of abnormal price fluctuations.
Only isolated margin is available.
Each position has its own margin, allowing risks to be managed independently without affecting other open trades.
During market close periods, users may:
However, opening new positions or closing existing ones is not permitted. To reduce gap risk, positions should be closed before the market enters a close period. For exact timings, refer to LBank Stock Futures Trading Schedule 2026.
Yes.
Leverage is supported up to 20x. While leverage can amplify returns, it also increases liquidation risk. Users should adjust leverage carefully based on their risk tolerance.
If events such as stock splits, reverse splits, dividends, or mergers occur, LBank may initiate early settlement to close all related positions under the same rules. Trading resumes after adjustments are completed. Users should always follow official platform announcements.
From a trading perspective, they operate almost identically.
Order types, liquidation logic, and overall mechanics mirror standard crypto perpetual contracts like BTC or ETH. The main difference lies in pricing, as Stock Futures use fair prices derived from 3 to 5 reliable stock market data sources.
Yes, with conditions.
Fully supported.
Can be used for margin, fee deductions, or loss coverage according to campaign rules. Personal funds are consumed first. Bonuses are applied only after personal funds are exhausted. To prioritize bonus usage, users must manually add the bonus as margin.
Bonuses are futures only and cannot be withdrawn.
No. Position vouchers are currently not available for LBank Stock Futures.
For more information, please visit our support center to learn how to participate in the Stock Futures event.
