Module 7: Perpetual Futures

Margin, leverage, funding rates, liquidations, and open interest. How perps work, and how to trade them without blowing up.

  1. 1. Why Derivatives Exist · about 6 min
  2. 2. Futures with an Expiry Date · about 5 min
  3. 3. What a Perpetual Future Is · about 6 min
  4. 4. Margin and Leverage · about 5 min
  5. 5. Cross Margin and Isolated Margin · about 5 min
  6. 6. Index Price, Mark Price, and Last Price · about 5 min
  7. 7. Funding Rates, the Rent You Pay to Stay in a Trade · about 7 min
  8. 8. Liquidations · about 6 min
  9. 9. Open Interest and Positioning Data · about 6 min
  10. 10. Liquidation Heatmaps and Market Magnets · about 5 min
  11. 11. Order Types, Execution, and Fees · about 6 min
  12. 12. Hedging and Basis Trades · about 6 min
  13. 13. Decentralised Perpetual Exchanges · about 6 min
  14. 14. Trading Perps Without Blowing Up · about 7 min