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Guides to crypto derivatives data - written next to the live numbers and our tests, so you see both how a tool works and whether the popular way of using it holds up.
How to read a liquidation heatmap
What the bright bands mean, how the map is built from open interest and leverage assumptions, and whether price really goes to the clusters.
GuideWhat is open interest?
Futures and options, open interest vs volume, why dollar open interest moves with price, and how to read it next to price.
GuideCrypto leverage trading explained
Margin, isolated vs cross, the liquidation formula - and how often 10x, 25x and 100x positions would have been liquidated within a day.
Guide + leverage testCrypto derivatives glossary
Liquidation, liquidity sweep, funding rate, open interest, mark price, margin modes - short definitions with links to live data.
GlossaryTools: liquidation heatmap · live liquidations · open interest · funding rates. Tests: research, crypto trading strategies, tested.