Is the Crypto Cash-and-Carry Trade Really Risk-Free?
Futures can trade 10% a year above spot. A BIS paper explains what drives that gap and why margin calls keep arbitrageurs from closing it.
#margin
2 articles
How Liquidation Works on Perpetual Futures
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.