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Intermediate

Derivatives foundations

Understand the parts that make derivatives different from spot: margin, funding, leverage and liquidation.

3 lessons24 minutes total
01Margin and margin modesInitial and maintenance margin, and how modes allocate collateral.8 minute read02Funding mechanicsHow periodic funding keeps perpetuals near spot.7 minute read03Leverage and liquidationHow leverage amplifies and how liquidation can trigger.9 minute read

These materials are educational and do not provide personalised financial advice or guarantee trading outcomes.