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Simulator Perpetual Futures DEX

Perpetual future adalah posisi crypto leveraged tanpa expiry. Simulator memungkinkan membuka long atau short dengan leverage hingga 50ร—.

1ร—10ร—25ร—50ร—
Entry price$2,000.00
Notional$1,000.00
Size0.5000 ETH
-50%Entry price+50%

$0.00

0%

Account equity

$100.00

LIQ $1810
Entry $2000
Mark $2000
Liquidation price$1,810.00
Distance to liquidation-9.5%

-0.1% (shorts pay)0%+0.1% (longs pay)
0h1d3d7d
+-$0.00 funding (paid / received)
โ„น๏ธ Maintenance margin assumed at 0.5%.

What is a perpetual future?

A perpetual future ("perp") is a leveraged crypto position with no expiry date. Unlike a traditional futures contract that settles on a specific date, a perp can be held forever. The funding rate (paid every 8 hours) keeps the perp price tracking the spot price by transferring money from the more-crowded side to the other.

How leverage and liquidation work

With 10ร— leverage you control $10,000 of exposure with $1,000 of collateral. A 10% adverse move wipes out your collateral and the position is liquidated automatically. The exact liquidation price = entry ร— (1 ยฑ 1/leverage) minus fees. Higher leverage = closer liquidation = faster wipeout.

Funding rate explained

When more people are long than short, longs pay shorts a funding rate. Reverse when shorts dominate. Funding is paid every 8 hours, often 0.01%โ€“0.1% per period (so 0.03%โ€“0.3% per day). On a 10ร— leveraged position, that's 0.3โ€“3% per day of your collateral going to the other side โ€” funding can eat your PnL even if price stays flat.

Pertanyaan yang Sering Diajukan

+How is a perpetual future different from spot?

Spot: you buy and own the underlying coin. Perp: you bet on price movement with leverage, never owning the coin. Spot has no liquidation risk and no funding. Perp can profit (or lose) far more than your collateral.

+What's a safe leverage for beginners?

Honestly, none โ€” perps are a fast way to lose money. If you're going to learn, start at 1โ€“3ร— to feel the funding rate and liquidation mechanics without instant wipeout. Anything above 10ร— is gambling for most retail.

+Where do perp DEXes get the price?

Most use a combination: spot index from multiple CEXes (Binance, Coinbase, Kraken), plus their own internal mark price from the perp book. dYdX, GMX, Hyperliquid all publish their oracle methodology โ€” read it before trusting their liquidation logic.

+Can I get rugged on a perp DEX?

Smart contract risk is real but rare on major perp DEXes. Bigger risks: oracle manipulation (Mango Markets 2022 was a $100M+ loss this way), liquidity drying up in a crash leaving you with worse fills, and insolvency funds. The contracts themselves on dYdX, GMX, Hyperliquid have multi-year track records.