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What are perpetual futures?

Learn how perpetual futures work, why they have no expiry date, and how funding, leverage, margin, and liquidation affect a position.

Perpetual fundamentals0 / 5

What are perpetual futures?Perpetual futures vs spot trading How funding rates work Leverage and margin explained Liquidation price explained

Trading mechanics0 / 12

Build trading systems with Novrinex Long vs short positions Market orders vs limit orders Stop-loss and take-profit orders Reduce-only and post-only orders Maker vs taker fees How to read an order book Spread, depth, and slippage Mark price vs index price Realized vs unrealized P&L Open interest and trading volume How to close a perpetual position

Platform and market risk0 / 8

Isolated vs cross margin Bankruptcy price vs liquidation price Insurance funds and auto-deleveraging Oracle failure and stale prices Stablecoin and collateral depegs Smart-contract, bridge, and sequencer risk Wallet signatures, approvals, and phishing Execution infrastructure and counterparty risk