All Roxom futures trade 24/7.
However, some underlyings (equities, commodities, ETFs) have their own market hours. When the underlying market is closed:
The underlying component (numerator) is frozen at its last available value.
Bitcoin (the denominator) keeps trading continuously.
As a result, the contract price in BTC (e.g., US500/BTC) can still move because BTC keeps moving, even if the underlying itself isn’t updating.
Intuition: Contract Price (in BTC) ≈ Underlying Value ÷ BTC Price.
If the underlying is frozen but BTC moves, the ratio moves.
📚 See each contract’s trading hours in the Our Contracts Offering & Specs section of our Rulebook.
🔄 Can I still trade during these hours?
Yes. You can place Limit and Market orders normally. Liquidity may be thinner and spreads wider around closures and reopens..
📚 Learn how orders work during closed hours in the Behavior During Closed Hours section of our Rulebook.
📌 What happens to pending orders
Limit Orders: Stay active and can be filled if someone trades against them.
Market Orders: Execute at the best available price in the order book.
Conditional Orders (Stop Loss / Take Profit): Trigger based on the Mark Price — if that price is frozen, they won’t trigger until the market reopens or the Mark Price moves.
⚠️ Things to keep in mind
Funding still applies at scheduled times, even if the underlying is closed, unless the contract’s rules say otherwise.
Price movements can be more volatile at reopening.
Large gaps can happen when the market reopens — this may trigger stops or even liquidation.
📚 Read more about how closed markets affect risk in the Margin & Risk section of our Rulebook.
💡 Tips
Check the trading hours of the contract before opening a position.
Be cautious with large positions going into a market closure.
Review and adjust your stop-loss/take-profit settings before the market reopens.