Perpetual futures (perps)
Perps are futures contracts with no expiry date that let traders bet on prices going up (long) or down (short), usually with leverage.
Why it matters
Perp markets often trade more volume than spot markets and lead price moves.
See what top traders holdRelated terms
Funding rateThe funding rate is a periodic payment between long and short traders on perps that keeps …Long and shortGoing long means betting a price will rise; going short means betting it will fall.…LeverageLeverage lets you trade with borrowed money, for example 10x means a 1% move changes your …
Written by the VaultX AI team. Educational only, not investment advice.
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