Guides · page 2
Perpetual futures, explained
How perpetual futures work: funding rates, liquidation, margin modes, order types and on-chain settlement, written for crypto traders. Every idea can be tried in the ZK Futures testnet terminal with play money.
October 18, 2026Limit Price Explained for Crypto TradersLearn what a limit price is, how limit orders fill, and how to use them for entries and exits in crypto perpetual futures.Read the guide 
October 18, 2026Leverage, Margin and Liquidation in CryptoLearn how leverage sets position size, margin, and liquidation distance in crypto perpetuals, with simple formulas and beginner-friendly examples.Read the guide - October 18, 2026Isolated Margin vs Cross Margin ExplainedLearn how isolated and cross margin use collateral, how liquidation works, and why the choice changes risk in perpetual futures.Read the guide
October 18, 2026Liquidation Price in Crypto Perpetual FuturesLearn how liquidation price works in perpetual futures, how leverage changes it, and how to keep more distance from liquidation.Read the guide - October 18, 2026Funding Rates on Perpetual Futures ExplainedLearn how funding rates work on perpetual futures, who pays whom, how payments are calculated, and why funding helps keep perp prices near spot.Read the guide
- October 18, 2026Perpetual Futures vs Quarterly Futures and SpotLearn what perpetual futures are, how they differ from quarterly futures and spot trading, and how leverage, funding, margin, and liquidation work.Read the guide