Explainers
Funding, P2P quotes, order fills and transfer networks each work differently. These write-ups take one at a time, with the calculations left on the page.
- Perpetual futures funding rate: what it costs to hold overnight Funding is charged on position notional, not on your margin. The arithmetic of what a perpetual costs to carry for a day, a week or a month.
- Reading P2P prices without overpaying How to benchmark a P2P quote against the spot mid, read a merchant listing properly, and recognise the rate that is a warning rather than a bargain.
- Why your market order filled worse than the price you saw The ticker shows the last trade, not an offer to you. A level-by-level walk through an order book, separating spread, slippage and fee.
- TRC20, ERC20, BEP20: choosing a network What the three token standards are, what each network costs to withdraw on, and why the receiving side decides the question before price does.
- Maker or taker: how order type changes what you pay A maker adds liquidity, a taker removes it. What sets your fee is whether the order filled immediately, not which order type you selected on the ticket.