Browsing: perpetual futures

Learn how the perpetual futures funding rate works, who pays it and how recurring payments can change the cost of keeping a crypto position open.

Discover how crypto perpetual contracts work. Explore the balance between capital efficiency, leverage risks, and the silent cost of funding rates.

Understand how perpetual futures function through the funding rate, mark price, and liquidation engine. Learn why these derivatives hit $61.8T in 2025 volume.