Why Do Futures Prices for the Same Cryptocurrency Differ Across Expiration Dates?

When you look at the cryptocurrency futures market, you may notice that even for the same asset, such as Bitcoin, some futures contracts are priced higher than spot, while contracts with later expiration dates are priced even higher.

If the underlying asset is the same, why do different contracts have different prices?

The key is that futures prices are influenced not only by spot prices, but also by factors such as contract term, funding costs, market demand, and risk expectations.

First, different expiratio

$CBRS I almost got wiped out at 93.6 in this move. Last month, I chased the top and caught a falling knife, cutting my principal in half and losing 52,000. When that wick plunged to 93.63, my hands were shaking as I cut half my position—only to sell at the absolute bottom.
The turning point came when I reviewed the data yesterday. 24h trading volume was 115.3M, a level retail traders can't generate on their own. From a low of 93.63 to a high of 117.55, the range was 25%—a classic shakeout followed by a rally. I ran the numbers again: the current price is 115.02, up 15.11%, but volume hasn't ex

$NBIS Down 16.48% in a single day, plunging straight from 164.58 to 119.10, with 517 million in trading volume—this isn’t a pullback; the meat grinder is switched on. Don’t touch it. I didn’t earn my reputation as Gate’s “stay-away” blogger for nothing. I’ve seen too many tokens like this: a 24-hour range approaching 40% means that whether you’re long or short, you’ll basically get liquidated if you use more than 3x leverage. Retail traders see the price at 126 and think, “It’s fallen a lot, maybe I can buy the dip.” But look closely: today’s low was 119, and the current price is 126, a reboun

$XAU Gold broke below and reclaimed on the daily chart. Keep going long! The target near 4000 remains unchanged! If you’re not in a position yet, hurry and go long! Let’s go! Welcome aboard!

$NVDA DCA now, go heavily long again. When you’re in profit later, remember to thank me. Stop-loss: $159 Take-profit: $170 - 180

What Is the Funding Rate? Why Can Perpetual Contracts Continue to Incur Holding Costs Even When Prices Barely Move?

In crypto trading, many people focus only on price movements after opening a position and overlook the funding rate. For perpetual contract traders, even if prices move sideways for a long time, holding a position may still generate additional costs or returns as long as the funding rate is nonzero.

First, what is the funding rate?

The funding rate is a mechanism in perpetual contracts for periodic payments between longs and shorts, designed to keep contract prices close to sp

$UNI ‌
The market structure has shifted from a clear downtrend to a potential consolidation phase. After a sustained sell-off from the 6.68 high, price established a local bottom at 5.637 and has begun printing higher lows with a series of consecutive green candles, indicating that bearish momentum is waning and buyers are stepping in to defend the 5.60-5.70 zone.

The current price action (5.871) is pressing against the middle Bollinger Band (MB: 5.961) after bouncing off the lower band (LB: 5.710). Volume is slightly declining on the bounce, but the MACD is showing a bullish convergence wit

What is the difference between isolated and cross margin? Which margin mode is better for managing risk?

In crypto futures trading, margin mode can affect account risk in addition to leverage. Isolated and cross margin are two common options. The key difference is whether other funds in the account help absorb risk when a position incurs losses.

First, what is isolated margin?

Isolated margin allocates separate margin to a specific position. In general, losses on that position are primarily covered by the margin allocated to it, and other funds in the account are not automatically used to m

Nov 13: Gold wraps up the week as daily losses extend to 3 sessions

After Fed Governor Waller’s remarks on Tuesday and that evening’s CPI data came in below expectations, gold remained under pressure and continued to fall. Gold prices dropped from $4,146 to a low of $3,852 last night, a decline of nearly $300, leaving gold in a sustained downtrend.

In October 2022, a remark by Powell about rate cuts triggered a frenzy of surging gold prices. Prices began rising from $1,600 and reached a high near $5,596 in early 2026. Now, gold has fallen from its peak of $5,596 to $3,852, a drop of more tha

$TAG ‌break and form a flag pattern.

GM if you GM🔆

My friend has 200 Pi, brags daily. I have 5000 Pi, I stay quiet. Loud people have little, quiet people have a lot. Are you loud or quiet about your Pi? How much you got really?
#PiNetwork
#ShareWeekly
#GateSquare
#WCTCS9

What Is the Sharpe Ratio? How Can You Measure Whether a Trading Strategy’s Returns Are Worth the Risk?

In cryptocurrency trading, a high return does not necessarily mean a strategy is good. If a strategy can generate high returns but comes with sharp volatility and significant drawdowns, we need to further assess whether those returns are worth the risks involved. The Sharpe ratio is one tool that can help answer this question.

First, what is the Sharpe ratio?

The Sharpe ratio measures the excess return earned by a portfolio or trading strategy per unit of volatility risk. Generally, the hi

What Is Maximum Drawdown? Why Can an Account That Once Made a Lot Still Face Huge Risks?

In cryptocurrency trading, looking only at how much an account earned in the end makes it easy to overlook how much risk it faced along the way. Even an account that once achieved very high returns may experience a severe drawdown and, due to poor capital management, may even struggle to recover. Maximum drawdown is an important metric for measuring this risk.

First, what is maximum drawdown?

Maximum drawdown is the largest percentage decline in an account’s net value from a peak to a subsequent low dur

U.S. initial jobless claims exceed expectations—are hopes for rate cuts back?

Initial jobless claims rose to 200k in the latest week, above expectations of 194k, showing signs of a slight cooling in the labor market.

But the thing is, 200k is still historically low. 👀

📉 Optimists: The labor market is starting to cool, which may ease pressure on the Fed to keep rates high.

📈 Cautious observers: CPI just came in hotter than expected, inflationary pressure remains, and one week of employment data is not enough to change the policy outlook.

With a cooling labor market and stubbornly

My positions have taken a big hit these past few days, so these pictures and videos are all I have to find some humor in the misery.

On Friday, amid inflation concerns and expectations of higher interest rates, Bitcoin fell below $70,000 for the first time since August, hitting a low of $67,449 and dropping as much as 4.4% intraday. It is currently around $68,600. Asian stocks and bonds also weakened as markets awaited US PPI data. Rising oil prices and inflation fueled expectations of Fed rate hikes, while concerns over tighter regulation added to the multiple macro pressures continuing to weigh on the crypto market.