PerpHQ Learn
Practical guides built around live data pages on PerpHQ. Use these to understand the numbers, then click through to explore markets.
What perpetual futures are, how they differ from spot/expiry futures, and the core mechanics every beginner should understand.
A beginner-friendly explanation of leverage, initial/maintenance margin, and how liquidation works in perpetual futures.
Learn the difference between mark price, index price, and last price — and why they matter for liquidation and PnL.
Practical risk controls for new perp traders: position sizing, buffers, stop losses, and funding awareness.
A clean walkthrough for first-time perp traders: choosing a venue, setting margin, and placing limit/market orders.
A practical guide to how funding works in perpetual futures, how to read funding tables, and where to track live rates across exchanges.
A simple funding rate calculator guide: convert any funding interval to 8h and annualized terms, with practical examples and how to verify the math.
Learn to interpret funding rate charts step-by-step: what high/low rates mean, trading signals, and common patterns to watch for.
Learn what futures basis is, how annualized basis is computed, and how traders think about cash-and-carry — with links to live basis snapshots.
Understand the core differences between perpetual swaps and quarterly futures, including expiry, funding, settlement, and when to use each.
A no-nonsense overview of maker/taker fees, funding vs fees, and practical ways to pay less when trading perpetual futures.
Compare the top perpetual futures exchanges by fees, funding rates, liquidity, and features. Find the best platform for your trading style.
A decision-oriented comparison: trading fees, funding mechanics, product coverage, and a simple checklist to pick the right venue.
How to sign up with the Bybit referral link/code, plus a trader-focused explanation of fees, funding cadence, and how to verify what you pay.
Use live funding snapshots and extremes as context, not a standalone signal.
Track BTC funding rates across venues, understand what high/low funding implies, and learn practical ways to use it without overreacting.
See how ETH funding differs across exchanges, what extremes signal, and how to contextualize ETH funding with volatility and positioning.
Where to find the highest funding rates across exchanges, how to avoid noise, and why you should always check interval and liquidity before acting.
A practical funding arbitrage primer: when it works, how to estimate net carry, and the common pitfalls that turn positive funding into losses.
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Disclosure: links may be referral links. We do not provide investment advice.