Cross-Margin and Funding Rates: How DEX Perpetuals Tilt Risk and Reward
Whoa, that caught me off. I started trading cross-margin perps last year and learned fast. My instinct said it would be cleaner and more capital efficient. Initially I thought cross-margin simply pooled collateral across positions and reduced liquidation risk by netting, but then I saw edge cases where mismatched directional exposure actually amplified systemic liquidation…

