macrocephalopod on Twitter: "For the inverse contracts (where contract size is in $) if you own N bitcoin you want to short NF/P futures where F is futures price and P is point value (normally $1 or $100 depending on exchange)… https://t.co/1AKTyIJHEi"

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‏ @macrocephalopod

Replying to @LumberTrading

For the inverse contracts (where contract size is in $) if you own N bitcoin you want to short NF/P futures where F is futures price and P is point value (normally $1 or $100 depending on exchange)

1:01 AM - 2 Jul 2021

1 reply 1 like

1. macrocephalopod‏ @macrocephalopod 2 Jul 2021
  Replying to @macrocephalopod @LumberTrading
  
  So eg you own 2 bitcoin when spot is $40k, futures are $45k and you are trading on Binance where point value is $100. You want to short 2 x 45,000 / 100 = 900 futures contracts against it.
  
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