This article addresses our Global Derivatives offering, which is currently only available to eligible customers in supported regions outside of the U.S. Learn more about Coinbase's Derivatives products.
Dated futures contracts on Coinbase have a fixed expiration date and settle in USDC. You can open long or short positions using margin.
To place a dated futures order:
Sign in to your Coinbase account or access the Coinbase app.
Select the Advanced toggle.
Select Derivatives from the side navigation.
Select the Futures tab in the market selector.
Choose the futures contract you want to trade (for example, BTC 26 JUN).
Select Buy or Sell.
Select your leverage using the leverage selector, for example 5x.
Select an order type: Limit, Market, or Stop Limit.
For Limit orders, enter a value in the Limit Price field.
Enter a value in the Quantity field.
Select a Time in Force (TIF):
Good Till Cancel (GTC): Default. The order remains open until it's filled, canceled, or the instrument expires.
Good Till Day (GTD): The order is canceled automatically at the end of the current daily session (08:00 UTC) if it hasn't already filled or been canceled.
Immediate or Cancel (IOC): Any portion of the order that can't fill immediately is canceled.
Fill or Kill (FOK): The order either fills immediately and completely, or not at all.
(Optional) Enable Reduce Only, Post Only, TP/SL.
Review the order estimates: Notional Value, Leverage, Margin Required, Fee, and Total (Est.).
Review the order details and select Buy or Sell to submit your order.