#leverage

2 articles

Daily resets make leveraged ETFs lose to volatility. Avellaneda and Zhang’s formula: the drag grows with variance, even if the price ends flat.

24 October 2026·5 min read·1 view·1 source

The exact trigger of a Binance futures liquidation, why the mark price matters, and how to estimate your liquidation price at 5x to 100x leverage.

22 September 2026·5 min read·48 views·4 sources