It depends on your type of transaction. If you do quantitative trading, the main trading strategy is the trend strategy. So in the end, although the delivery contract has a lot of trouble in procedure, I chose the delivery contract. The difference between the two is mainly in the mode of payment: the delivery contract only has transaction fees, such as OK is 0.05% and Huobi is 0.03%, but the service fee of perpetual contract is relatively high at first, and then the rate is calculated every 8 hours. I roughly estimated that in such a rate standard, if you do more and the market generally does more, then you belong to the payer; Generally speaking, the market is long, but when you are short, it is the one who charges. In the long run, the probability is 50-50, which is equivalent to nothing, but in the short term, it is hard to say. The final choice of delivery contract is because most trend transactions are on the market side. Although it has not been accurately calculated, it seems that the probability of payment will be much greater, which will actually greatly increase the transaction cost. Many people don't pay much attention to the transaction fee of 0. 1% or 0.2%. It feels like one in a thousand. It's no big deal. In fact, most of our trading profits are swallowed up by the handling fee.

A futures contract is an agreement in which the buyer agrees to receive assets at a specific price after a specified time, and the seller agrees to deliver assets at a specific price after a specified time. Short for "due delivery", and the act of due delivery is called "delivery".

Hello, futures have a term. For example, the 20 1 1 contract expired in June 2020, and now it is 10, which means that the contract is about to expire. 20 1 1 contract is also a delivery contract. The Exchange stipulates that natural persons of other exchanges except Shanghai Futures Exchange are not allowed to enter the delivery month, that is, the last trading day of the natural person 20 1 1 contract is 65438+1October 30th.