Knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
Today’s topic: perpetual and delivery contracts
Perpetual contracts have no expiry date. You can hold a position indefinitely as long as it isn’t forcibly liquidated, and the funding rate keeps the contract price close to the spot price.
When holding a perpetual contract long term, factor accumulated funding fees into your position cost—don’t look only at your entry price.
Quick look: $BTC is quoted at 75874.01, down 5.75% in 24h.
My ideas could be wrong at any time. Please manage your own profits and losses.
Today’s topic: perpetual and delivery contracts
Perpetual contracts have no expiry date. You can hold a position indefinitely as long as it isn’t forcibly liquidated, and the funding rate keeps the contract price close to the spot price.
When holding a perpetual contract long term, factor accumulated funding fees into your position cost—don’t look only at your entry price.
Quick look: $BTC is quoted at 75874.01, down 5.75% in 24h.
My ideas could be wrong at any time. Please manage your own profits and losses.
