Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives.
In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107 billion in daily volume.However, each exchange has its own orderbook, index calculation, leverage limits and rules for cross and isolated margin. These differences might seem superficial at first, but they can make a huge difference depending a traders’ needs.Open interestAggregate futures open interest (blue) and daily volume (black). Source: BybtAs shown in the above, the total aggregate futures open interest rose from $19 billion
Źródło: https://cointelegraph.com/news/3-things-every-crypto-trader-should-know-about-derivatives-exchanges
