📐 Today's takeaway: Perpetual and delivery contracts
Delivery contracts don't have funding fees. The price difference between a contract and the spot price is called the basis. The closer the contract gets to expiration, the smaller the basis generally becomes.
Before opening a position, calculate the liquidation price. If it's too close to the current price, reduce your position.
Back to the market: $BTC is trading at 81864.59 (24h -0.58%).