Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Have you ever wondered why the funding rates are so outrageous? The underlying logic is actually not complicated—whales can easily push a 10% or 20% increase by controlling the spot price with just a few hundred or thousand coins. How much room for manipulation is there? Contracts worth billions of dollars are being influenced by just tens of thousands of dollars in spot trading. It’s like a mouse dragging an elephant.
What does this situation mean for traders? Short sellers are continuously worn down by funding fees, watching their profits erode daily; long traders have to occasionally endure sudden price spikes. When the market structure is so unbalanced, small retail investors are actually in a very difficult position to win. Understanding this logic also explains why contract trading is so easy to lose money.