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Research

Aark Research

Technical writing on perpetuals risk mechanics — funding rates, liquidation cascades, oracle latency, and cross-margin decisions. Written for practitioners who already understand the product and want the depth behind it.

Abstract visualization of funding rate data across perpetual trading pairs
Fundamentals
Funding Rates 101: What Every Perpetuals Trader Must Know

Funding rates are the invisible hand that keeps perpetual contracts close to spot. Understanding their mechanics is the first step to not getting squeezed.

Jun 14, 2025 · 8 min read
Cascade effect visualization showing stacked liquidation zones across price levels
Risk
Liquidation Cascades: Why $300M Can Disappear in Four Candles

When a cascade starts, price and liquidations feed each other. Here's the mechanics — and how Aark's heatmap shows you where the zones are before they trigger.

Jul 22, 2025 · 11 min read
Side-by-side diagram concept showing cross-margin vs isolated margin mechanics
Risk
Cross-Margin vs Isolated Margin: Which Should You Use for Perps?

The margin mode you choose determines how your liquidation price is calculated. Most traders default to cross-margin without knowing what they're exposing.

Sep 4, 2025 · 7 min read
Technical diagram showing oracle price feed latency between index price and mark price
Infrastructure
Oracle Latency and Why Your Mark Price Is Never Quite Real-Time

The price your protocol uses to compute liquidations lags the market — sometimes by milliseconds, sometimes more. Here's why, and why it matters when volatility spikes.

Oct 19, 2025 · 9 min read
Conceptual illustration of mark price derivation from multiple oracle sources
Fundamentals
How to Read a Mark Price Feed Without Getting Misled

Mark price is smoothed, oracle-sourced, and protocol-specific. Reading it correctly requires understanding what's inside it — and where it diverges from the price on your exchange screen.

Nov 28, 2025 · 6 min read
Checklist and risk framework concept for OTC desk perpetuals trading
OTC Desks
The OTC Desk Risk Playbook: Six Things to Check Before Every Perp Trade

Institutional desks don't open a perpetual position without checking six specific data points. This is the condensed version of that checklist.

Jan 14, 2026 · 9 min read