区块链web3

区块链web3

白天搬砖写交易日记，晚上撸毛薅空投，梦想是不投本金也能上财富自由排行榜。混迹币安欧易火币，专治各种错过风口后悔症。Web3 是战场，我是那条链上不眠的咸鱼。
HomeArchives

Beginner's Guide to Perpetual Contracts on Exchanges

#什么是合约杠杆#比特币和黄金对比#火币如何充值人民币#比特币炒币策略#火币充值流程11
AI Translation
This post is translated from Chinese into English through AI.View Original
AI-generated summary
The article discusses perpetual contracts in cryptocurrency trading, explaining their features, risks, and strategies. **What are Perpetual Contracts?** Perpetual contracts are an evolved form of traditional futures contracts that have no expiration date, allowing positions to be held indefinitely. They include a funding rate mechanism to keep contract prices close to spot prices and require only partial funds to open a position. **Key Features:** 1. **No Expiration Date:** Flexible trading without forced liquidation at expiry. 2. **Funding Rate:** Maintains price alignment with the spot market. 3. **Leverage:** Commonly ranges from 10 to 125 times, increasing both risk and potential profit. 4. **Margin System:** Initial and maintenance margins dictate trading limits and risk management. 5. **Continuous Trading:** Available 24/7, allowing for immediate opening and closing of positions. **Common Strategies:** - **Trend Trading:** Taking long or short positions based on market trends. - **Hedging:** Using opposing positions in spot and futures to manage risk. - **Funding Rate Strategies:** Trading based on the funding rate's fluctuations. **Risks and Precautions:** - Control leverage to avoid liquidation. - Manage positions to allow for stop-loss and additional funding. - Be aware of funding rate costs in volatile markets. - Understand platform-specific rules regarding margin and liquidation. **Conclusion:** Perpetual contracts can enhance profits and provide flexible risk management but can also lead to significant losses if misused. New traders are advised to start with small positions and low leverage, while experienced traders should integrate technical analysis and maintain a disciplined trading system.

Many people often mention the profits earned through contract trading in group chats. This article will detail the gameplay, characteristics, risks, and precautions of perpetual contracts 👇

image

What is a Perpetual Contract?#

First, let's introduce traditional futures: A futures contract is an agreement between two parties to buy or sell an asset at a specific price at a specific time in the future.

👉 The underlying assets can include oil, gold, or cryptocurrencies like Bitcoin and Ethereum.

Perpetual contracts (Perpetual Futures) are an evolved version:

✅ No expiration date: Positions can be held indefinitely
✅ Funding rate mechanism: Ensures that contract prices are usually close to spot prices
✅ Margin system: Only a portion of funds is needed to open a position

For example: If you buy a BTC perpetual contract at 30,000 USDT, the position has no time limit, and you can close it at any time to realize profits or incur losses.

Therefore, about 75% of global cryptocurrency trading occurs in the perpetual contract market.

Core Features of Perpetual Contracts#

1️⃣ Long contracts: Priced in stablecoins like USDT, making trading intuitive.
2️⃣ No delivery date: Flexible trading, avoiding the risk of forced liquidation at expiration.
3️⃣ Anchored to spot: The funding rate maintains the price in line with the spot market.
4️⃣ T+0, 7×24: Continuous trading throughout the year, with the ability to open and close positions at any time.
5️⃣ Adjustable leverage: Commonly 10–125 times, amplifying both risk and returns.
6️⃣ Margin mechanism:
* Initial margin: Lowers the threshold for opening positions
* Maintenance margin: Triggers additional margin calls or forced liquidation if below requirements
7️⃣ PnL (Profit and Loss): Calculated based on the opening and closing prices, including fees and funding rates.
8️⃣ Marked price: References multiple exchange indices to prevent market manipulation.
9️⃣ Insurance fund: Provides a buffer during extreme volatility, reducing the risk of liquidation.
🔟 Automatic deleveraging (ADL): The system automatically deleverages when positions are liquidated, maintaining market stability.

Common Strategies for Perpetual Contracts#

    • Trend trading: Going long or short in line with market trends, combining technical analysis, wave theory, or macro factors.
    • Hedging arbitrage: Combining opposite positions in spot and contracts to lock in risks or capture price differences.
    • Funding rate strategy:
      • When rates are high: Shorting can earn funding rates
      • When rates are negative: Going long is more advantageous

Risks and Precautions ⚠️#

    • Leverage control: Beginners are advised to use ≤5 times leverage to avoid liquidation from small fluctuations.
    • Position management: Avoid full position trading; leave room for stop-loss and additional margin.
    • Funding rates: Long-term positions need to monitor funding rate consumption, especially in volatile markets.
    • Extreme market conditions: Prices can fluctuate sharply, triggering forced liquidations.
    • Platform rule differences: Margin ratios, liquidation mechanisms, and ADL vary; be sure to research in advance.
    • Psychological issues: Perpetual contracts are zero-sum games; emotional over-leveraging often leads to liquidation.

Summary & Recommendations#

Perpetual contracts are a "double-edged sword": (They are more like a practice for self-discipline in human nature)

✅ Used wisely, they can amplify profits and flexibly hedge risks
❌ Misused, they can lead to rapid loss of capital

Recommendations:#

    • Beginners → Small positions + low leverage, prioritize learning to control losses
    • Experienced traders → Combine technical analysis with macro factors
    • Long-term → Establish a trading system and stick to reviewing trades

from @大漠哥

Limited-Time Benefit—New Users Register for a Guaranteed 20+ U Bitcoin Blind Box 🎁#

🎁 Register on mainstream exchanges like OKX, Binance, Huobi, Bitget, Bybit, Gate, Backpack, etc., and bookmark all mainstream exchanges' latest anti-loss domain names on one page 👉🏻: https://vlink.cc

Solving the Issue of Accessing OKX, Binance, Huobi, and Other Exchanges from Mainland China#

Many exchanges' original domain names may be restricted, or access delays may occur due to overseas servers. Ordinary users often feel confused and even suspect platform issues, which are actually caused by the network environment. Exchanges like OKX and Binance regularly update backup domain names to ensure users can access the official website through alternative addresses.

Can't open the link? Try other domestic mirror lines! 👉🏻 OKX domestic backup domain lines without VPN or proxy

image

Related Reading#

The Latest Ranking of the Top 10 Virtual Currency Trading Platforms in China for 2025 is Out 🔥【Worth Collecting】

【Real Stories of Getting Rich in the Crypto World】Many people ask me how I went from 0 to 11 million and then to a debt of 100,000 after years of trading cryptocurrencies.

Everyone is Searching For#

Buying Bitcoin in China, young people's side jobs, young people making money, earning from contracts, contract entry, depin small grass 挂机，taker mining, taker diamond, how to claim small grass grass airdrop, cryptocurrency trading platforms, OKX download registration, domestic OKX recharge, Binance App registration, Binance App download, Binance platform buying tutorial, Binance registration, Binance airdrop registration, how to buy presidential coins, how to buy Dogecoin, buying Bitcoin with RMB, how to download OKX, web3 earning, web3 zero earning, Bitget mainland download registration, OKX passport registration, OKX download, Binance download, cryptocurrency side jobs, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to set up an NFT wallet, how to recharge RMB on Huobi, cryptocurrency beginner tutorial, btc8848.com, Tony's trading principles for contracts, contract leverage bit waves, Defi mining, cryptocurrency earning, can cryptocurrency airdrops still be played, what to do if contracts are liquidated, how to buy presidential coins on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play Defi staking mining, can NFTs still be played, how to earn from web3 airdrops, how to play web3 zero earning, how to strike inscriptions, how to strike runes, cryptocurrency beginner's guide, how to trade cryptocurrencies, can trading cryptocurrencies make money, cryptocurrency beginner tutorial btc8848.com, can trading cryptocurrencies make money, what is contract leverage, Defi mining, how to play cryptocurrency earning, OKX airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz

Loading...
Ownership of this post data is guaranteed by blockchain and smart contracts to the creator alone.