In this article I want to analyze the whole essence of futures and share my conclusions. I have been trading futures for more than half a year and decided to analyze the moments that are not noticeable at first glance:
1. Leverage
Whatever X you put - it does not increase the profit. Let's say you have $200, you buy $100 on spot $BTC at a price of 100k, and you open a Long on the same Btc for the other $100 at a price of 100k with a leverage of X10. You decided to fix the profit at 10%, both on spot and on futures. That is, out of $100, your Profit will be $10. To earn $10 on spot - bitcoin must grow by 10%, to earn $10 on futures - bitcoin must grow by 1%. On futures, the profit will be calculated from the amount of money you put, regardless of the leverage. X simply reduces the price gap between the entry point and the profit. As a result, you will not earn more on futures, you will earn faster.