# Bitcoin perpetual futures (BTC)

> Bitcoin is the original cryptocurrency, launched in 2009, and BTC perpetual futures are usually the deepest market on any venue that lists them. Most other crypto perpetuals move with it to some degree, which is why many firms set their highest leverage limit here.

**Source:** https://propfirmpal.com/perpetuals/markets/btc  
**Generated:** 2026-11-11  
**Publisher:** Prop Firm Pal - independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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On a $10,000 BTC position with a funding rate of 0.01% for the interval, a long pays $1.00 to shorts at that funding time. If the rate is negative, shorts pay longs instead. These are illustrative figures, not a current BTC rate.

## Frequently asked questions

### What is a BTC perpetual future?

A Bitcoin perpetual future is a derivative that tracks the price of BTC and has no expiry date. It stays near the spot price because longs and shorts exchange a periodic funding payment.

### Does BTC funding count against a prop firm drawdown?

It depends on the firm. Some apply funding to account equity, which moves a drawdown measured on equity, and others do not charge it at all. Check the firm’s published rules; where a firm does not say, we show that as unknown.

### How much leverage can I use on BTC?

Leverage limits differ by venue, firm and account tier, and they change. Prop firms commonly allow more on BTC and ETH than on smaller markets. Use the limit in your own firm’s rules, not a figure from an exchange.

## Related pages

- [Crypto funding rates by prop firm](https://propfirmpal.com/perpetuals/funding-rates)
- [Funding schedule](https://propfirmpal.com/perpetuals/funding-schedule)
- [Perpetual futures markets](https://propfirmpal.com/perpetuals/markets)
- [Perpetual futures calculators](https://propfirmpal.com/perpetuals/calculators)
- [Perpetual futures glossary](https://propfirmpal.com/perpetuals/glossary)
- [Perpetual futures guides](https://propfirmpal.com/perpetuals/guides)
- [Trading platforms by prop firm](https://propfirmpal.com/perpetuals/trading-platforms)
- [Perpetual futures prop firms compared](https://propfirmpal.com/perpetuals)