Crypto futures, funding rates, and trading strategies.
Short answer: Binance has paused withdrawals, not futures trading. As of its second security update on October 30, 2026, deposits and other platform services stay open and the exchange says it will cover the roughly $6.3 billion loss from SAFU and company funds. Your open position still trades, still pays funding and can still be…
Short answer: Binance Futures will rewrite the leverage and margin tiers on 15 USDⓈ-M perpetual contracts at 06:30 UTC on October 30, 2026. Most of them lose their highest-leverage bracket, and first-bracket maintenance margin rates rise. Existing positions are affected. Check your liquidation price before the change, not after. A 20x position that is fine…
Short answer: On Binance Futures, auto-deleveraging (ADL) closes profitable positions when the Futures Insurance Fund cannot absorb a bankrupt position. Positions are ranked by profit percentage times effective leverage, so big, leveraged winners go first. The close happens at the bankrupt order’s price, with no fee. Winning a leveraged trade does not make it safe….
Short answer: In the 24 hours to 00:07 UTC on October 20, 2026, $131.7 million of crypto positions were liquidated and 64% were shorts. A liquidated short is bought back, which can push price up and liquidate the next one. At 10x, a short opened at $80,000 is liquidated near $88,000 before maintenance margin. Shorts,…
Short answer: A CFTC staff letter dated October 3, 2026 lets US exchanges delete the expiration date from perpetual-style futures on broad stock indexes. It does not change the funding mechanism. It does require at least five calendar days of notice and a chance to close out under the old terms. The relief expires October…
Short answer: KuCoin Futures removed the STGUSDT perpetual contract at 07:00 UTC on October 10, 2026. Trading bots were shut down two hours earlier, at 05:00 UTC. Anything still open at the end was settled at the average index price of the final 30 minutes, not at the last traded price. That sequence is the…
Short answer: Bitcoin’s 30-day implied volatility index, BVIV, was just under 40% on Friday, October 16, 2026. Divide by the square root of 365 and the options market is pricing a typical daily swing of about 2.1%, roughly $1,700 with BTC near $82,000. A 50x long has a liquidation price about one such swing away….
Short answer: On Saturday, October 17, 2026, about $51.6 million of leveraged chip-stock perpetual futures were force-closed in roughly ten minutes, between 21:22 and 21:32 UTC. US stock markets were shut. About $38 million of it was longs. No official share price existed to anchor the move. If you hold a stock perp over a…
Short answer: On Hyperliquid, a position that falls below maintenance margin is first closed with market orders on the book, and any leftover collateral stays with you. If equity drops below 2/3 of maintenance margin first, the liquidator vault takes the position and the maintenance margin is not returned. In my $40,000 isolated example at…
Short answer: Hyperliquid computes funding as an 8-hour rate but pays one eighth of it every hour. The baseline is 0.01% per 8 hours, which is 0.00125% per hour. On a $10,000 position that is $0.125 an hour, $3 a day and $21 a week. The hourly cap is 4%, which on the same position…