Crypto futures glossary

A one-line summary of the terms that appear on the auto-trading screen and signal cards. If you see a word you don't know, look it up here.

39 terms

Basics

Perpetual futures Perpetual Futures
A futures contract with no expiry date. The funding rate keeps its price aligned with the spot price. Details →
Long Long
A long position that profits when the price rises.
Short Short
A short position that profits when the price falls.
USDT-M futures USDT-margined
Futures where margin and P&L are calculated in USDT. This is the method SignalNote uses. Details →
Spot Spot
A market where you buy and sell coins directly. No leverage.

Funds & orders

Margin Margin
The money tied up to open a position. Calculated as position size ÷ leverage.
Position size Notional
The actual amount exposed to the market. Quantity × price.
Leverage Leverage
The multiple of position size relative to margin. Both profit/loss and liquidation risk grow with it. Details →
Exit Liquidation
When losses grow large enough that margin becomes insufficient, the exchange force-closes the position. Details →
Market order Market order
An order that fills immediately at the current quoted price. It fills fast, but causes slippage.
Slippage Slippage
The difference between the expected price and the actual fill price. Details →
Funding fee Funding rate
The cost that longs and shorts exchange every 8 hours on perpetual futures. Details →
Open interest Open Interest
The total amount of contracts not yet settled. Shows how much capital is flowing in. Details →

Risk management

Stop-loss Stop loss
Closing a position to lock in a loss once the price hits a set level. Details →
Trailing stop Trailing stop
A method that raises the stop-loss line as the price moves favorably. It becomes a profit-lock line. Details →
Risk per trade Risk per trade
The percentage of your account you lose if a single trade hits its stop loss. Details →
Max drawdown MDD
The largest drop from a peak. A key measure of whether a strategy is bearable. Details →
R-multiple R multiple
Shows how many times the risk you took was gained or lost. +2R means twice the risk in profit. Details →
Win rate Win rate
The percentage of closed trades that ended in profit. Details →
Profit/loss ratio Profit factor
Total profit ÷ total loss. Above 1 means the strategy is profitable. Details →

Indicators

ATR Average True Range
A measure of recent volatility. Used as a basis for setting stop-loss distance. Details →
ADX Average Directional Index
An indicator that measures trend strength. A reading above 20 is usually considered trending. Details →
RSI Relative Strength Index
A momentum indicator ranging from 0 to 100. Above 50 signals stronger upward momentum. Details →
MACD MACD
An indicator that reads trend reversals from the difference between short- and long-term moving averages. Details →
EMA Exponential Moving Average
A moving average that weights recent prices more heavily. Often viewed together at 20, 50, and 200. Details →
Bollinger Bands Bollinger Bands
Bands drawn one standard deviation above and below a moving average. Used to read volatility and price position.
Fear & Greed Index Fear & Greed Index
An indicator that expresses market sentiment on a scale of 0 to 100. Details →
Dominance Dominance
The share of total market capitalization held by a specific coin. Details →

Strategy & validation

Trend following Trend following
A method of riding an uptrend and holding until the trend reverses. Details →
Backtest Backtest
Re-running a strategy on historical data to calculate its performance. Details →
Overfitting Overfitting
When a strategy is tuned too closely to past data and breaks down in live trading. Details →
Walk-forward validation Walk-forward
A validation method that fits a strategy on one period and tests it on the next. Details →
Netting Netting
A method that offsets orders from multiple strategies and only submits the net quantity. It saves on fees. Details →
Demo account Demo / Testnet
An account for trading in a real-like environment using virtual funds. Details →

Account & regulation

API key API key
The key that lets a program place orders on your exchange account. Turn off withdrawal permissions. Details →
Travel Rule Travel Rule
A regulation that requires exchanging sender and recipient information when transferring crypto assets. Details →
Destination tag Destination Tag / Memo
A number used to identify a deposit account on networks like XRP. If omitted, the deposit won't be credited. Details →
Kimchi premium Kimchi premium
How much higher domestic exchange prices are compared to overseas prices. Details →
KYC Know Your Customer
An exchange's identity verification process. Details →

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