Learn the rules first,
then touch futures.
What really eats your capital in futures is usually not a wrong call on price — it is not understanding how funding rates, fees, leverage and liquidation actually work. We explain these concepts in plain language, with risk warnings and links to verify the numbers officially. All content is educational only and is not investment advice, a trading signal or an account-opening promise.
All Articles
Funding Rate Explained: How It Works, How It Costs You, and How It Differs by Exchange
The funding rate is a periodic payment between longs and shorts that anchors a perpetual to spot. How it is computed, why it can cost more than fees, how settlement intervals and caps differ by exchange, and the real risks of funding arbitrage.
Funding rate · Perpetuals · Contract cost · 2026-06-09 · About 12 min
Read article →Liquidation Price Explained: How It Is Computed and 5 Ways to Avoid Getting Liquidated
Liquidation happens when your margin falls below the maintenance margin and the exchange force-closes your position. How the liquidation price is computed, why higher leverage moves it closer to the mark price, the cross vs isolated margin difference, and five practical ways to stay away from the edge.
Liquidation · Maintenance margin · Leverage risk · 2026-06-09 · About 13 min
Read article →How to Choose a Futures Exchange: Fees, Risk, Proof of Reserves and Availability
There is no single best exchange — only the one that fits you. A needs-based framework across five dimensions: trading and funding fees, risk and safety including proof of reserves and insurance funds, product depth, regional availability and KYC, and beginner friendliness.
Exchange choice · Proof of reserves · Fees comparison · 2026-06-09 · About 14 min
Read article →Futures Exchange Sign-up and Deposit Difficulty, Compared Six Ways
Same six exchanges, but ranked by how hard it is to actually get in: tiered KYC, face verification, futures-permission quizzes, and which deposit rail (C2C, fiat, on-chain) gets a beginner funded with the least friction.
Sign-up difficulty · KYC · Deposit rails · 2026-08-24 · About 12 min
Read article →Maker vs Taker Fees: How to Pay the Lowest Trading Fees
Maker fees come from passive limit orders that add liquidity, taker fees from active market orders that remove it. Why maker is usually cheaper or even rebated, how futures fees are charged on leveraged notional, the legitimate ways to pay less, and why overtrading to save on fees backfires.
Maker vs taker · Futures fees · VIP tiers & rebates · 2026-06-09 · About 11 min
Read article →How to Register on Bybit for Futures: Sign-up, KYC, Funding and a Safe First Trade
A step-by-step walkthrough using Bybit as a concrete example: creating the account with 2FA and an official-domain check, completing KYC and its tiers, enabling derivatives, funding by crypto or fiat, and placing a deliberately safe first trade with low leverage, a small size and a stop-loss — then how to pay lower fees afterward.
Sign-up & 2FA · KYC tiers · Safe first trade · 2026-06-09 · About 13 min
Read article →How Much Leverage Should You Use? Why High Leverage Gets You Liquidated
Higher leverage does not mean more profit — it mainly raises your liquidation probability, because a small adverse move can wipe a high-leverage position. What leverage actually amplifies, how to size it by working back from the loss you can stomach, the cross vs isolated margin difference, and the leverage mistakes that empty accounts.
Leverage risk · Liquidation · Cross vs isolated · 2026-06-09 · About 12 min
Read article →What Is the Mark Price, and Why Does Liquidation Follow It Instead of the Last Price?
A futures screen shows two numbers: the last price and the mark price. Using Binance USDⓈ-M perpetuals as the example, why liquidation and unrealized PnL follow the mark price, how it is built from the price index and funding rate, and the situations it cannot protect you from.
Mark price · Liquidation · Price index · 2026-09-16 · About 9 min
Read article →Why Your Maximum Leverage Falls as Your Position Grows Into Higher Risk Limit Tiers
Why your max leverage drops as a futures position grows: OKX BTC-USDT perpetual tiers, initial vs maintenance margin, and how to find your tier first.
Risk limit tiers · Initial vs maintenance margin · Leverage cap · 2026-09-23 · About 10 min
Read article →Binance ADL Ranks Profitable Positions by PnL % × Effective Leverage
Binance starts ADL only when its insurance fund can't absorb a bankrupt position. Rank is PnL % × effective leverage; the forced close has no trading fee.
Auto-deleveraging · ADL ranking · Insurance fund · 2026-10-01 · About 8 min
Read article →[Note] Blog content is risk and fee education and is not a ranking, recommendation, investment advice or trading signal. Rates, intervals, product availability and regional limits change at any time — refer to each exchange's official page. More articles are on the way.