> ## Documentation Index
> Fetch the complete documentation index at: https://help.arcus.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# How is an Equity Perp settled?

A perpetual contract never expires, so it has no settlement or delivery date. Profit and loss accrue continuously according to the contract mark price and are used to recalculate account health and free collateral in real time, relative to margin requirements.