Overview

This section provides detailed specifications for each ETF perpetual available on Rubicon.

Overview

All Rubicon perpetuals share common characteristics:

Specification
Value

Contract Type

Linear perpetual

Settlement

Cash (USDH)

Max Leverage

3x

Funding Interval

8 hours

Oracle Update

Every 3 seconds

Available Markets

US ETFs

Asset
Name
Status

iShares Semiconductor ETF

Live

Korean ETFs

Asset
Name
Status

Samsung KODEX Semiconductor

Coming Soon

TIGER Fn Semiconductor Top 10

Coming Soon

HANARO K-Semiconductor

Coming Soon

TIGER Semiconductor

Coming Soon

Contract Specifications

Position Sizing

Parameter
Value

Contract size

1 ETF share equivalent

Tick size

$0.01

Minimum order

0.1 contracts

Maximum position

Varies by market

Margin Requirements

Parameter
Value

Initial margin

33.3% (at 3x)

Maintenance margin

5%

Liquidation buffer

Variable

Price Sources

We use direct ETF price feeds, not synthetic basket construction:

This ensures our prices match the actual tradeable ETF.

Source Priority

  1. Yahoo Finance — Primary source for all ETFs

  2. Polygon REST API — Backup source for US equities (SOXX)

  3. Stale Cache — 60-second fallback

See Oracle Infrastructure for technical details.

Trading Hours Summary

Market
Regular Hours (ET)
Extended Hours

US (SOXX)

9:30 AM - 4:00 PM

4:00 AM - 8:00 PM

Korea (.KS)

7:00 PM - 1:30 AM

None

During market closure, oracle prices freeze and trading continues with stale prices.

Risk Parameters

Each market has risk parameters to protect traders and the system:

Parameter
Purpose

Max leverage

Limits position risk

Open interest cap

Limits total exposure

Price bands

Prevents manipulation

Funding cap

Limits funding rate extremes

Adding New Markets

We evaluate new ETFs based on:

  1. Data availability — Reliable price feeds

  2. Trader demand — Community requests

  3. Liquidity — Underlying ETF trading volume

  4. Regulatory clarity — Jurisdiction considerations

Request new markets in our Discord.

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