@perpetualswap
A perpetual swap is a popular financial instrument in the world of cryptocurrency trading, offering traders a way to gain exposure to assets without the limitations of traditional futures contracts. These contracts do not have a fixed expiration date, allowing positions to be held as long as the trader desires. The key feature of perpetual swaps is the periodic funding rate mechanism, where traders either pay or receive fees depending on the difference between the contract price and the spot market price. This makes perpetual swaps an appealing tool for those seeking to capitalize on price fluctuations while maintaining flexible trading strategies.