Unit 3 · Level 4 · Perpetuals & Funding
Boss: Perps gauntlet
No expiry, funding rubber bands, cascades, hedges. Prove you see the machinery and you've earned crypto's sharpest tool.
Free to play. No ads, no token, no account needed to start.
What you get asked
Perp trades 0.4% above spot with extreme positive funding, OI at all-time highs. The trained read:
Squeeze fuel loaded; if long anyway, smaller and stopped. Every gauge screams one-sided leverage. It can still go up, but the downside path is a cascade, and you know it.
Order the professional perp position construction
The League 2 checklist plus derivatives lines. One framework, every instrument. That consistency IS the skill.
You can't predict cascades, but you can refuse to be a ___.
Sizing and liquidation distance are the refusal. Survival compounds; bravado doesn't.
FINAL. A friend brags about 50x perp wins three weeks running. Your complete professional response?
Congratulate him, keep your 1% rule; the market grades his paper soon. PERPS MASTERED! ⚙️🏆 Three hot weeks at 50x is a countdown, not a system. You know the math he doesn't. On-chain analysis next. 🐜
The rest of this unit
Futures without expiry, the funding rubber band, cascades and hedging. Crypto's sharpest machinery.