Perpetual Futures
Trade perpetual futures with leverage. Not available to U.S. Persons.
By Klutch1 author12 articles
- What Perpetual Futures Are on fomoWhat perps are, the two cash pools that back them, and the risk to understand before you trade.
- Funding Your Perps Cash BalanceHow to move USDC from your token cash balance into your perps cash balance so you can start trading perps.
- Managing Your Perps Cash BalanceHow your token cash balance and your perps cash balance work, how to transfer between them, and how to withdraw from fomo.
- Placing a Perps TradeHow to place a market order on perps from picking direction through confirming the trade.
- Leverage on PerpsWhat leverage is, what it does to gains and losses, and how much you can use on each asset.
- Initial Margin and Maintenance MarginWhat initial margin is, what maintenance margin is, and how isolated margin keeps each position's risk contained.
- Adding and Removing Margin on an Open PositionHow to add or remove USDC from the collateral on an open position, and what that does to your effective leverage and liquidation price.
- Stop Loss and Take Profit on PerpsWhat take profit and stop loss do, how to set them, and why mark price drives the triggers.
- Funding Rates on PerpsWhat funding rates are, when you pay and when you earn, and how they move your perps cash balance automatically.
- Liquidation on PerpsWhat liquidation is, what triggers it, what happens to your money, and why the mark price is what matters.
- Perps Trading FeesWhat you pay per trade on perps, how funding costs work alongside trading fees, and the minimums for moving funds.
- Risks of Perps TradingEvery category of risk to understand before trading perps, from leverage and liquidation through funding costs to third-party protocol risk.