Crypto futures, funding rates, and trading strategies.
Short answer: A stock perpetual keeps trading after the stock it tracks has stopped, so the exchange has to invent a reference price for the hours in between. OKX’s stock perpetuals page, updated August 31, 2026, says the index “relies more on OKX’s own contract price and stock perps index price on other exchanges” during…
Short answer: CME Group’s bitcoin futures and options have traded around the clock since the afternoon of Friday, May 29, 2026, with one scheduled weekly break on Saturday from 2:00 a.m. to 4:00 a.m. Central Time. A trade you place on Saturday is real and binding, but it carries Monday’s trade date. Clearing, settlement and…
Short answer: Bitget listed perpetual futures on five Japanese stocks on October 13, 2026: Toyota, Sony, Mitsubishi UFJ, Murata and Taiyo Yuden. They settle in USDT, run with leverage, and never expire. Two days later the Kospi fell 8% and Japanese tech names sold off with it, which is the best possible demonstration of what…
Short answer: Bitcoin fell from about $84,200 on October 12 to just above $80,000 on October 15, 2026. That is a 5% move. On a standard 0.4% maintenance margin, a 5% drop liquidates every isolated long at 20x or higher that was opened near the top. The 25x line sat at roughly $81,170 and the…
The spread from cheapest to dearest is exactly three times on an identical trade, and the listed fee column barely predicts it. Three mistakes that produce the wrong ranking.
On listed fees the DEX wins. On effective cost after rebates it loses by about three times. Plus the three costs that appear on neither fee page.
Aster posts at zero on the maker side. It also fixes the referral relationship the moment a wallet first connects, which catches people who explore before reading.
An on-chain order book with a 0.015% maker fee and no rebate. Where that wins, where rebated centralised venues beat it by three times, and what funding it actually costs.
OrangeX rebates 55% for an effective taker fee of 0.027%. Bitget rebates only 50% and costs 0.015%. The rebate applies to a base fee that differs by venue, so the advertised percentage ranks venues in the wrong order.
Echobit, Toobit and OrangeX publish the same rebate, the same effective taker fee of 0.027% and the same automatic payout. When the rate card ties, the decision moves to listings, depth, withdrawal record and regional access.