\ubb34\uae30\ud55c \uc2a4\uc651\uacfc \uae30\uc874 \uc120\ubb3c: \ubb34\uae30 \uc120\ud0dd\uc744 \uc704\ud55c \ucd5c\uace0\uc758 \ud2b8\ub808\uc774\ub354 \uac00\uc774\ub4dc \uae08\uc735 \ud30c\uc0dd\uc0c1\ud488\uc758 \uc138\uacc4\ub294 \ubc29\ub300\ud558\uc9c0\ub9cc, \uc554\ud638\ud654\ud3d0 \uc601\uc5ed\uc5d0\uc11c\ub294 \ubb34\uae30\ud55c \uc120\ubb3c, \uc989 \"\ubb34\uae30\ud55c \uc2a4\uc651\"\uc774 \ucd5c\uace0\uc758 \uc0c1\ud488\uc73c\ub85c \uad70\ub9bc\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc554\ud638\ud654\ud3d0\ub97c \uac70\ub798\ud558\ub294 \ubd84\uc774\ub77c\uba74 \uc758\uc2ec\ud560 \uc5ec\uc9c0 \uc5c6\uc774 \uc774 \uc0c1\ud488\uc744 \uc811\ud574 \ubcf4\uc168\uc744 \uac83\uc785\ub2c8\ub2e4. \ud558\uc9c0\ub9cc \uc0c1\ud488\uacfc \uc8fc\uc2dd \uc2dc\uc7a5\uc5d0\uc11c \uc218\uc138\uae30 \ub3d9\uc548 \uc874\uc7ac\ud574 \uc628 \uc804\ud1b5\uc801\uc778 \uc120\ubb3c \uacc4\uc57d\uacfc \uc815\ud655\ud788 \ubb34\uc5c7\uc774 \ub2e4\ub97c\uae4c\uc694? \ub354 \uc911\uc694\ud55c \uac83\uc740 \uc5b4\ub5a4 \uac83\uc774 \uc5ec\ub7ec\ubd84\uc758 \uc804\ub7b5\uc5d0 \uc801\ud569\ud55c \ub3c4\uad6c\uc77c\uae4c\uc694? \uc774\ub294 \ub2e8\uc21c\ud55c \ud559\ubb38\uc801\uc778 \ubb38\uc81c\uac00 \uc544\ub2d9\ub2c8\ub2e4. \ubb34\uae30\ud55c \uc120\ubb3c\uacfc \uae30\uc874 \uc120\ubb3c \uc911 \uc5b4\ub5a4 \uac83\uc744 \uc120\ud0dd\ud558\ub290\ub0d0\uc5d0 \ub530\ub77c \ube44\uc6a9, \uc704\ud5d8 \uad00\ub9ac, \uc7a0\uc7ac \uc218\uc775\ub960\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4. \ubc18\ub4dc\uc2dc \uc54c\uc544\uc57c \ud560 \uc8fc\uc694 \ucc28\uc774\uc810\uc744 \uc790\uc138\ud788 \uc54c\uc544\ubd05\uc2dc\ub2e4. \ud575\uc2ec \ucc28\uc774\uc810 \ub9cc\uae30\uc77c \uc774\uac83\uc774 \uac00\uc7a5 \uadfc\ubcf8\uc801\uc774\uace0 \uacb0\uc815\uc801\uc778 \ucc28\uc774\uc810\uc785\ub2c8\ub2e4. \uae30\uc874 \uc120\ubb3c\uc740 \ub9cc\uae30\uac00 \uace0\uc815\ub41c \uacc4\uc57d\uc785\ub2c8\ub2e4. \uc6d4\ubcc4, \ubd84\uae30\ubcc4 \ub610\ub294 \uae30\ud0c0 \uc77c\uc815\ud55c \uac04\uaca9\uc73c\ub85c \ubbf8\ub9ac \uc815\ud574\uc9c4 \uacb0\uc81c\uc77c \ub610\ub294 \ub9cc\uae30\uc77c\uc774 \uc815\ud574\uc838 \uc788\uc2b5\ub2c8\ub2e4. \ud574\ub2f9 \ub0a0\uc9dc\uac00 \ub3c4\ub798\ud558\uba74 \uacc4\uc57d\uc774 \uc885\ub8cc\ub429\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \ud604\uae08 \ub610\ub294 \uc2e4\ubb3c \uc778\ub3c4\ub97c \ud1b5\ud574 \uacc4\uc57d\uc744 \uccad\uc0b0\ud558\uac70\ub098 \ub2e4\uc74c \uacc4\uc57d \uae30\uac04\uc73c\ub85c \ud3ec\uc9c0\uc158\uc744 '\ub864\uc624\ubc84'\ud574\uc57c \ud558\ub294\ub370, \uc774\ub54c \uac70\ub798 \ube44\uc6a9\uacfc \uac00\uaca9 \ucc28\uc774\ub85c \uc778\ud55c \uc7a0\uc7ac\uc801 \ub9c8\ucc30(\ubca0\uc774\uc2dc\uc2a4 \ub9ac\uc2a4\ud06c)\uc774 \ubc1c\uc0dd\ud569\ub2c8\ub2e4. \ubb34\uae30\ud55c \uc120\ubb3c\uc740 \ub9cc\uae30\uc77c\uc774 \uc5c6\uc2b5\ub2c8\ub2e4. \uc99d\uac70\uae08\uc774 \uc720\uc9c0\ub418\ub294 \ud55c \ubb34\uae30\ud55c\uc73c\ub85c \ud3ec\uc9c0\uc158\uc744 \uc720\uc9c0\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c \ub864\uc624\ubc84\uac00 \ud544\uc694 \uc5c6\uace0 \uc9c0\uc18d\uc801\uc778 \ub178\ucd9c\uc774 \uac00\ub2a5\ud569\ub2c8\ub2e4. \ud558\uc9c0\ub9cc \ub9cc\uae30 \uc5c6\uc774 \uacc4\uc57d \uac00\uaca9\uc774 \ud604\ubb3c(\ud604\ubb3c\uc2dc\uc7a5) \uac00\uaca9\uc5d0 \uc218\ub834\ud558\ub3c4\ub85d \uac15\uc81c\ud558\ub294 \ub9cc\uae30 \uc5c6\uc774 \uc5b4\ub5bb\uac8c \ubb34\uae30\ud55c\uc744 \ud604\uc2e4\uc5d0 \uace0\uc815\uc2dc\ud0ac \uc218 \uc788\uc744\uae4c\uc694? \uadf8 \ud574\ub2f5\uc740 \uae30\ubc1c\ud558\uc9c0\ub9cc \ub54c\ub85c\ub294 \ube44\uc6a9\uc774 \ub9ce\uc774 \ub4dc\ub294 \ud380\ub529 \uae08\ub9ac \uba54\ucee4\ub2c8\uc998\uc785\ub2c8\ub2e4. \ubb34\uae30\ud55c\uc758 \uc5d4\uc9c4: \ud380\ub529 \ube44\uc728 \ud380\ub529 \ube44\uc728\uc740 \ubb34\uae30\ud55c \ud2b8\ub808\uc774\ub529\uc5d0\uc11c \uac00\uc7a5 \uc911\uc694\ud558\uac8c \uc774\ud574\ud574\uc57c \ud560 \uac1c\ub150\uc785\ub2c8\ub2e4. \ub9cc\uae30\uac00 \uc5c6\uae30 \ub54c\ubb38\uc5d0 \ubb34\uae30\ud55c \uc0c1\ud488\uc740 \ud2b8\ub808\uc774\ub354 \uac04 \uc815\uae30 \uacb0\uc81c \uc2dc\uc2a4\ud15c\uc744 \uc0ac\uc6a9\ud574 \uacc4\uc57d \uac00\uaca9\uc744 \uae30\ucd08\uc790\uc0b0\uc758 \ud604\ubb3c \uac00\uaca9\uc5d0 \ubb36\uc2b5\ub2c8\ub2e4. \uc791\ub3d9 \ubc29\uc2dd: \ud380\ub529 \ube44\uc728\uc740 \uc77c\ubc18\uc801\uc73c\ub85c 8\uc2dc\uac04\ub9c8\ub2e4 \uacc4\uc0b0\ub418\uace0 \uad50\ud658\ub429\ub2c8\ub2e4(\uc77c\ubd80 \ud50c\ub7ab\ud3fc\uc740 1\uc2dc\uac04 \uac04\uaca9\uc73c\ub85c \uacc4\uc0b0). \uaddc\uce59: \ubb34\uae30\ud55c \uacc4\uc57d\uc774 \ud604\ubb3c \uac00\uaca9\ubcf4\ub2e4 \ub192\uac8c \uac70\ub798\ub418\uba74(\uac15\uc138 \uc2ec\ub9ac\ub97c \ub098\ud0c0\ub0c4) \ud380\ub529 \ube44\uc728\uc740 \uc591\uc218\uc785\ub2c8\ub2e4. \uc774 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c \ub871 \ud3ec\uc9c0\uc158\uc744 \ubcf4\uc720\ud55c \ud2b8\ub808\uc774\ub354\ub294 \uc20f \ud3ec\uc9c0\uc158\uc744 \ubcf4\uc720\ud55c \ud2b8\ub808\uc774\ub354\uc5d0\uac8c \uc18c\uc561\uc758 \uc218\uc218\ub8cc\ub97c \uc9c0\ubd88\ud569\ub2c8\ub2e4. \uc778\uc13c\ud2f0\ube0c: \uc774 \uc9c0\ubd88\uc740 \ub354 \ub9ce\uc740 \ud2b8\ub808\uc774\ub354\uac00 \uc20f \ud3ec\uc9c0\uc158\uc744 \uac1c\uc2dc(\ub9e4\ub3c4 \uc555\ub825)\ud558\ub3c4\ub85d \uc778\uc13c\ud2f0\ube0c\ub97c \uc81c\uacf5\ud558\uc5ec \ubb34\uae30\ud55c \uac00\uaca9\uc744 \ud604\ubb3c \uac00\uaca9\uc73c\ub85c \ub2e4\uc2dc \ub0ae\ucd94\ub294 \ub370 \ub3c4\uc6c0\uc774 \ub429\ub2c8\ub2e4. \ubc18\ub300\ub85c \ubb34\uae30\ud55c \uac00\uaca9\uc774 \ud604\ubb3c\ubcf4\ub2e4 \ub0ae\uac8c \uac70\ub798\ub418\uba74(\uc57d\uc138 \uc2ec\ub9ac) \ud380\ub529 \ube44\uc728\uc774 \ub9c8\uc774\ub108\uc2a4\ub85c \ubc14\ub00c\uace0 \uc20f\uc774 \ub871\uc5d0 \uc9c0\ubd88\ud558\uc5ec \ub9e4\uc218 \uc555\ub825\uc744 \ubd80\ucd94\uae41\ub2c8\ub2e4. \ud37c\ud398\ucd94\uc5bc\uc758 \uac00\uaca9\uc744 \uacf5\uc815 \uac00\uce58\ub85c \uc9c0\uc18d\uc801\uc73c\ub85c \uc720\ub3c4\ud558\ub294 \uacbd\uc81c\uc801 \uc778\uc13c\ud2f0\ube0c \uc2dc\uc2a4\ud15c\uc774\ub77c\uace0 \uc0dd\uac01\ud558\uba74 \ub429\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub354\uc5d0\uac8c \uc774\ub294 \ud3ec\uc9c0\uc158 \ubcf4\uc720\uac00 \uacf5\uc9dc\uac00 \uc544\ub2c8\uba70 \uc8fc\uae30\uc801\uc73c\ub85c \uc790\uae08\uc744 \uc9c0\ubd88\ud558\uac70\ub098 \ubc1b\uac8c \ub41c\ub2e4\ub294 \uac83\uc744 \uc758\ubbf8\ud569\ub2c8\ub2e4. \ucd94\uc138\uac00 \uac15\ud55c \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc774\ub7ec\ud55c \ube44\uc6a9\uc774 \ud06c\uac8c \uc99d\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc8fc\uc694 \ube44\uad50 \ubd84\uc11d: \ubb34\uae30\ud55c \uc120\ubb3c\uacfc \uae30\uc874 \uc120\ubb3c \uc2e4\uc9c8\uc801\uc778 \ucc28\uc774\uc810\uc744 \ud45c\ub85c \uc815\ub9ac\ud574 \ubcf4\uaca0\uc2b5\ub2c8\ub2e4: \ud2b9\uc9d5 \ubb34\uae30\ud55c \uc120\ubb3c \uae30\uc874 \uc120\ubb3c \ub9cc\uae30 \uc5c6\uc74c. \ubb34\uae30\ud55c \ubcf4\uc720 \uac00\ub2a5. \uace0\uc815. \uc6d4\ubcc4, \ubd84\uae30\ubcc4 \ub4f1 \ub864\uc624\ubc84\uac00 \ud544\uc694\ud569\ub2c8\ub2e4. \uac00\uaca9 \uba54\ucee4\ub2c8\uc998 \ud380\ub529 \ube44\uc728 \uc9c0\ubd88(8\uc2dc\uac04\ub9c8\ub2e4)\ub85c \ud604\ubb3c\uc5d0 \uac00\uae4c\uc6b4 \uac00\uaca9\uc744 \uc720\uc9c0\ud569\ub2c8\ub2e4. \ub9cc\uae30 \uc2dc \ud604\ubb3c \uac00\uaca9\uc5d0 \uc790\uc5f0 \uc218\ub834. \ud504\ub77c\uc774\uba38\ub9ac \uc2dc\uc7a5\uc774 \uc554\ud638\ud654\ud3d0\ub97c \uc9c0\ubc30\ud569\ub2c8\ub2e4(\uac70\ub798\ub7c9 78%). \uc6d0\uc790\uc7ac, \uc8fc\uc2dd, \uc9c0\uc218\ub97c \uc9c0\ubc30\ud569\ub2c8\ub2e4. \ub864\uc624\ubc84 \ube44\uc6a9 \uc5c6\uc74c. \uc608, \ud2b9\ud788 \ucf58\ud0f1\uace0 \uc2dc\uc7a5\uc5d0\uc11c \uc77c\ubc18\uc801\uc73c\ub85c \ub864\ub2f9 1-2%\uc785\ub2c8\ub2e4. \uacb0\uc81c \ud380\ub529 \uacb0\uc81c\ub97c \ud1b5\ud574 \uc9c0\uc18d\uc801\uc73c\ub85c \uc774\ub8e8\uc5b4\uc9d1\ub2c8\ub2e4. \uacc4\uc57d \ub9cc\uae30 \uc2dc \ubc1c\uc0dd(\ud604\uae08 \ub610\ub294 \uc2e4\ubb3c). \uc77c\ubc18\uc801\uc778 \ub808\ubc84\ub9ac\uc9c0 \ub9e4\uc6b0 \ub192\uc74c(\uc77c\ubd80 CEX\uc5d0\uc11c \ucd5c\ub300 125\ubc30, DEX\uc5d0\uc11c \ucd5c\ub300 50\ubc30). \ub354 \ub0ae\uace0 \uaddc\uc81c\ub428(\uaddc\uc81c\ub418\ub294 \uac70\ub798\uc18c\uc758 \uacbd\uc6b0 \ubcf4\ud1b5 5~20\ubc30). \ucd5c\uc0c1\uc758 \ub300\uc0c1... \ud65c\ub3d9\uc801\uc778 \uc554\ud638\ud654\ud3d0 \ud2b8\ub808\uc774\ub354, \ub2e8\uae30 \ubc0f \uc911\uae30 \ud22c\uae30, \ub864\uc624\ubc84 \ub9c8\ucc30\uc744 \ud53c\ud558\ub294 \uc804\ub7b5. \ud5e4\uc800, \uae30\uad00, \uc7a5\uae30 \ubc29\ud5a5\uc131 \ubca0\ud305, \uaddc\uc81c \uba85\ud655\uc131\/\uc2e4\ubb3c \uc778\ub3c4\ub97c \uc6d0\ud558\ub294 \ubd84\ub4e4. \uccad\uc0b0 \ubc0f \uac00\uaca9: \uc2dc\uc7a5 \uac00\uaca9 \ub300 \uc9c0\uc218 \uac00\uaca9 \ub450 \uc0c1\ud488 \ubaa8\ub450 \ub808\ubc84\ub9ac\uc9c0\ub97c \uc0ac\uc6a9\ud558\ubbc0\ub85c \uccad\uc0b0 \uc704\ud5d8\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \ubb34\uae30\ud55c \uc0c1\ud488\uc740 \ub2e8\uc77c \uac70\ub798\uc18c\uc5d0\uc11c \uc2dc\uc7a5 \uc870\uc791\uc774\ub098 \uc720\ub3d9\uc131 \ubd80\uc871\uc73c\ub85c \uc778\ud55c \ubd88\uacf5\uc815 \uccad\uc0b0\uc744 \ubc29\uc9c0\ud558\uae30 \uc704\ud55c \uc815\uad50\ud55c \uc2dc\uc2a4\ud15c\uc744 \uac16\ucd94\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc9c0\uc218 \uac00\uaca9: \uc5ec\ub7ec \uc8fc\uc694 \uac70\ub798\uc18c(\uc608: \ubc14\uc774\ub0b8\uc2a4, \ucf54\uc778\ubca0\uc774\uc2a4, \ud06c\ub77c\ucf04)\uc758 \ud604\ubb3c \uac00\uaca9\uc758 \uac70\ub798\ub7c9 \uac00\uc911 \ud3c9\uade0\uc73c\ub85c \uacc4\uc0b0\ub41c \"\uc9c4\uc815\ud55c\" \uacf5\uc815 \uac00\uaca9\uc785\ub2c8\ub2e4. \ud45c\uc2dc \uac00\uaca9: \ubbf8\uc2e4\ud604 \uc190\uc775(PnL)\uc744 \uacc4\uc0b0\ud558\uace0 \uccad\uc0b0\uc744 \ud2b8\ub9ac\uac70\ud558\ub294 \ub370 \uc0ac\uc6a9\ub418\ub294 \uac00\uaca9\uc785\ub2c8\ub2e4. \uc774\ub294 \ub2e8\uc21c\ud788 \ubb34\uae30\ud55c \uc2dc\uc7a5\uc5d0\uc11c \ub9c8\uc9c0\ub9c9\uc73c\ub85c \uac70\ub798\ub41c \uac00\uaca9\uc774 \uc544\ub2d9\ub2c8\ub2e4. \ub300\uc2e0 \uc9c0\uc218 \uac00\uaca9\uc744 \ud1b5\ud569\ud558\uace0 \ud380\ub529 \ube44\uc728\uacfc \uc774\ub3d9 \ud3c9\uade0\uc744 \uae30\uc900\uc73c\ub85c \uc870\uc815\ud558\ub294 \uacf5\uc2dd\uc785\ub2c8\ub2e4. \uc774 \uc2dc\uc2a4\ud15c\uc740 \ud30c\uc0dd\uc0c1\ud488 \uac70\ub798\uc18c \uc790\uccb4\uc758 '\ud50c\ub798\uc2dc \ud06c\ub798\uc2dc'\ub85c \uc778\ud574 \ub2f4\ubcf4\uac00 \uc798 \uc7a1\ud78c \ud3ec\uc9c0\uc158\uc774 \uc804\uba78\ud558\ub294 \uac83\uc744 \ubc29\uc9c0\ud569\ub2c8\ub2e4. \uccad\uc0b0\uc740 \uc77c\uc2dc\uc801\uc778 \ubcc0\uce59\uc774 \uc544\ub2cc \ubcf4\ub2e4 \uad11\ubc94\uc704\ud558\uace0 \uc548\uc815\uc801\uc778 \uc2dc\uc7a5 \uc0c1\ud0dc(\uc9c0\uc218 \uac00\uaca9)\ub97c \uae30\uc900\uc73c\ub85c \uc774\ub8e8\uc5b4\uc9d1\ub2c8\ub2e4. \uc778\ud504\ub77c\uc758 \uc9c4\ud654: CEX\uc5d0\uc11c \ud2b9\uc218 \ubaa9\uc801 \ube14\ub85d\uccb4\uc778\uc73c\ub85c \ubb34\uae30\ud55c \uc120\ubb3c \uc2dc\uc7a5\uc740 \uc790\uae30 \uc218\ud0c1\uacfc \ud22c\uba85\uc131\uc5d0 \ub300\ud55c \uc694\uad6c\ub85c \uc778\ud574 \uac70\ub798 \uc7a5\uc18c\uac00 \ud06c\uac8c \ubcc0\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc911\uc559 \uc9d1\uc911\uc2dd \uac70\ub798\uc18c(CEX): \ubc14\uc774\ub0b8\uc2a4, OKX, \ubc14\uc774\ube44\ud2b8\uc640 \uac19\uc740 \ud50c\ub7ab\ud3fc\uc774 \uac70\ub798\ub7c9\uc744 \uc9c0\ubc30\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud50c\ub7ab\ud3fc\uc740 \ub192\uc740 \ub808\ubc84\ub9ac\uc9c0\uc640 \ud48d\ubd80\ud55c \uc720\ub3d9\uc131\uc744 \uc81c\uacf5\ud558\uc9c0\ub9cc, \uac70\ub798\uc18c\ub97c \ubbff\uace0 \uc790\uae08\uc744 \ub9e1\uae30\ub294 \uac70\ub798\uc0c1\ub300\ubc29 \uc704\ud5d8\uc774 \ub530\ub985\ub2c8\ub2e4. FTX \ub4f1\uc758 \ubd95\uad34\ub294 \uc774\ub7ec\ud55c \ucde8\uc57d\uc131\uc744 \ubd80\uac01\uc2dc\ucf30\uc2b5\ub2c8\ub2e4. \ud0c8\uc911\uc559\ud654 \ud504\ub85c\ud1a0\ucf5c(DEX): \ube60\ub974\uac8c \uc131\uc7a5\ud558\ub294 \ubd84\uc57c\uc785\ub2c8\ub2e4. \uc5ec\uae30\uc11c\ub294 \uba54\ud0c0\ub9c8\uc2a4\ud06c\uc640 \uac19\uc740 \uc790\uae30\uad00\ub9ac \uc9c0\uac11\uc5d0\uc11c \uc9c1\uc811 \uac70\ub798\ud569\ub2c8\ub2e4. \ud558\uc774\ud37c\ub9ac\ud034\ub4dc\ub098 dYdX\uc640 \uac19\uc740 \ud504\ub85c\ud1a0\ucf5c\uc740 \uc790\uccb4 \uc804\uc6a9 \ube14\ub85d\uccb4\uc778\uc5d0\uc11c \uc791\ub3d9\ud558\ub294 \ubc18\uba74, GMX\uc640 \uac19\uc740 \ud504\ub85c\ud1a0\ucf5c\uc740 \uc77c\ubc18 \ub808\uc774\uc5b4 2\uc5d0 \uc874\uc7ac\ud569\ub2c8\ub2e4. \uc911\uc694\ud55c \uc810\uc740 \ubaa8\ub4e0 \ube14\ub85d\uccb4\uc778\uc774 \uac70\ub798\ub97c \uc704\ud574 \ub3d9\uc77c\ud558\uac8c \ub9cc\ub4e4\uc5b4\uc9c4 \uac83\uc740 \uc544\ub2c8\ub77c\ub294 \uac83\uc785\ub2c8\ub2e4. \ubb34\uae30\ud55c \uc120\ubb3c\uc740 \ub2e4\uc74c\uc744 \uc694\uad6c\ud569\ub2c8\ub2e4: \uc190\uc2e4\uc774 \uc5f0\uc1c4\uc801\uc73c\ub85c \ubc1c\uc0dd\ud558\uae30 \uc804\uc5d0 \uccad\uc0b0\uc744 \uc2e4\ud589\ud558\ub294 1\ucd08 \ubbf8\ub9cc\uc758 \ucd5c\uc885\uc131. \ubcc0\ub3d9\uc131 \uc7a5\uc138\uc5d0\uc11c \uc624\ub354\ubd81 \ub9e4\uce6d\uc744 \ucc98\ub9ac\ud560 \uc218 \uc788\ub294 \ub9e4\uc6b0 \ub192\uc740 \ucc98\ub9ac\ub7c9. \ub0ae\uace0 \uc608\uce21 \uac00\ub2a5\ud55c \uc9c0\uc5f0 \uc2dc\uac04. \uc774\ub85c \uc778\ud574 \uac70\ub798 \uc131\ub2a5\uc744 \uc704\ud574 \ud2b9\ubcc4\ud788 \uc124\uacc4\ub41c \ud2b9\uc218 \ubaa9\uc801\uc758 \ub808\uc774\uc5b4 1 \ube14\ub85d\uccb4\uc778\uc774 \ub4f1\uc7a5\ud588\uc2b5\ub2c8\ub2e4: \ud558\uc774\ud37c\ub9ac\ud034\ub4dc: \uc774\ub860\uc0c1 \ucd08\ub2f9 200,000\uac74\uc758 \uc8fc\ubb38\uc744 \ucc98\ub9ac\ud560 \uc218 \uc788\ub294 \ub9de\ucda4\ud615 \uccb4\uc778\uc744 \uad6c\ucd95\ud558\uc5ec, \uc628\uccb4\uc778\uc5d0\uc11c CEX\uc640 \uac19\uc740 \uc18d\ub3c4\ub97c \uc81c\uacf5\ud568\uc73c\ub85c\uc368 DEX \uac70\ub798\ub7c9\uc758 \ub300\ubd80\ubd84\uc744 \uc810\uc720\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc138\uc774 \ub124\ud2b8\uc6cc\ud06c: \ubcd1\ub82c \uc2e4\ud589\uacfc \"\ud2b8\uc708 \ud130\ubcf4\" \ud569\uc758\ub97c \ud1b5\ud574 400ms \ubbf8\ub9cc\uc758 \uc644\uacb0\uc131\uc744 \ubaa9\ud45c\ub85c \ud558\uba70, \ubb34\uae30\ud55c\uc744 \ud3ec\ud568\ud55c \uad11\ubc94\uc704\ud55c \ud0c8\uc911\uc559 \uae08\uc735 \uc0dd\ud0dc\uacc4\uc5d0 \ucd5c\uc801\ud654\ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4. \uc120\ud0dd\ud558\ub294 \uc778\ud504\ub77c\ub294 \uccb4\uacb0 \uc18d\ub3c4, \uccad\uc0b0 \uc548\uc804, \uac70\ub798 \ube44\uc6a9\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce69\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub529 \uc804\ub7b5 \ubc0f \uc704\ud5d8 \uc77c\ubc18\uc801\uc778 \ubb34\uae30\ud55c \uc804\ub7b5: \ubc29\ud5a5\uc131 \ud2b8\ub808\uc774\ub529: \ub808\ubc84\ub9ac\uc9c0\ub97c \uc0ac\uc6a9\ud574 \uac00\uaca9 \ubcc0\ub3d9(\ub871 \ub610\ub294 \uc20f)\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5. \ud380\ub529 \uae08\ub9ac \ucc28\uc775\uac70\ub798: \ud380\ub529\uc774 \uac15\uc138\ub97c \ubcf4\uc77c \ub54c \ud604\ubb3c \uc2dc\uc7a5\uc5d0\uc11c \ub871 \ud3ec\uc9c0\uc158\uc744 \ucde8\ud558\uace0, \ud380\ub529\uc774 \uc57d\uc138\ub97c \ubcf4\uc77c \ub54c \ubb34\uae30\ud55c \uc20f \ud3ec\uc9c0\uc158\uc744 \ucde8\ud558\uc5ec \ud380\ub529 \ub300\uae08\uc744 \uc218\uc775\uc73c\ub85c \ud68c\uc218\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4. \uc774\ub294 \uc2dc\uc7a5 \uc911\ub9bd\uc801\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uad50\ucc28 \uac70\ub798\uc18c \ucc28\uc775\uac70\ub798: \ub450 \ud50c\ub7ab\ud3fc \uac04\uc758 \ud380\ub529 \uae08\ub9ac \ucc28\uc774\ub97c \uc774\uc6a9\ud558\ub294 \uac70\ub798. \uc601\uad6c \uc790\uc0b0\uc758 \uc704\ud5d8 \uc99d\uac00: \ud380\ub529 \uae08\ub9ac \ube44\uc6a9: \uc9c0\uc18d\uc801\uc778 \uac15\uc138 \ucd94\uc138\uc5d0\uc11c \ub871 \ud3ec\uc9c0\uc158\uc744 \ubcf4\uc720\ud558\uba74 \ube44\uc6a9\uc774 \ub9ce\uc774 \ub4e4\uc5b4 \uc218\uc775\uc774 \uac10\uc18c\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub192\uc740 \ub808\ubc84\ub9ac\uc9c0 \uc704\ud5d8: \uc0ac\uc6a9 \uac00\ub2a5\ud55c \ub808\ubc84\ub9ac\uc9c0\ub294 125\ubc30 \uc774\uc0c1\uc77c \uc218 \uc788\uc9c0\ub9cc \uc774\ub294 \uc591\ub0a0\uc758 \uac80\uc785\ub2c8\ub2e4. \uc544\uc8fc \uc791\uc740 \uc6c0\uc9c1\uc784\uc5d0\ub3c4 \uc99d\uac70\uae08 \uc804\uc561 \uc190\uc2e4\uc774 \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uccad\uc0b0 \uce90\uc2a4\ucf00\uc774\ub4dc: \ubcc0\ub3d9\uc131\uc774 \uadf9\uc2ec\ud560 \ub54c\ub294 \uccad\uc0b0\uc758 \ubb3c\uacb0\uc774 \uc2a4\uc2a4\ub85c\ub97c \uba39\uc5ec \uc0b4\ub9ac\uba74\uc11c \uac00\uaca9 \ubcc0\ub3d9\uc131\uc744 \uc545\ud654\uc2dc\ud0ac \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ud504\ub85c\ud1a0\ucf5c\/\uc778\ud504\ub77c \uc704\ud5d8: \ud0c8\uc911\uc559 \uac70\ub798\uc18c\uc5d0\uc11c\ub294 \uc2a4\ub9c8\ud2b8 \ucf58\ud2b8\ub799\ud2b8 \ubc84\uadf8\ub098 \ube14\ub85d\uccb4\uc778 \uc9c0\uc5f0 \uc2dc\uac04 \ubb38\uc81c\uac00 \uace0\uc720\ud55c \uc704\ud5d8\uc744 \ucd08\ub798\ud569\ub2c8\ub2e4. \uacb0\ub860: \uc5b4\ub5a4 \uac83\uc744 \uc0ac\uc6a9\ud574\uc57c \ud560\uae4c\uc694? \ub370\uc774\ud130\ub294 \ubd84\uba85\ud569\ub2c8\ub2e4: \ubb34\uae30\ud55c \uc120\ubb3c\uc774 \uc554\ud638\ud654\ud3d0 \uac70\ub798\ub97c \uc9c0\ubc30\ud558\ub294 \ub370\ub294 \uc774\uc720\uac00 \uc788\uc2b5\ub2c8\ub2e4. \ub9cc\uae30\uac00 \uc5c6\uace0, \uc5f0\uc911\ubb34\ud734 24\uc2dc\uac04 \uc774\uc6a9 \uac00\ub2a5\ud558\uba70, \uc720\ub3d9\uc131\uc774 \ud48d\ubd80\ud558\uae30 \ub54c\ubb38\uc5d0 \ud65c\ubc1c\ud55c \uc554\ud638\ud654\ud3d0 \ud2b8\ub808\uc774\ub354\uac00 \uc120\ud638\ud558\ub294 \uc0c1\ud488\uc785\ub2c8\ub2e4. \ub2e4\uc74c\uacfc \uac19\uc740 \uacbd\uc6b0 \ubb34\uae30\ud55c \uc120\ubb3c\uc744 \uc120\ud0dd\ud558\uc138\uc694: \ud65c\ubc1c\ud55c \uc554\ud638\ud654\ud3d0 \ud2b8\ub808\uc774\ub354\uc778 \uacbd\uc6b0. \ubd84\uae30\ubcc4 \ub864\uc624\ubc84\uc758 \ubc88\uac70\ub85c\uc6c0\uacfc \ube44\uc6a9\uc744 \ud53c\ud558\uace0 \uc2f6\uc740 \uacbd\uc6b0. \ub2e8\uae30 \ub610\ub294 \uc911\uae30\uc801 \uad00\uc810\uc5d0\uc11c \uac70\ub798\ud558\ub294 \uacbd\uc6b0. \uc9c0\uc18d\uc801\uc778 \uc2dc\uc7a5 \uc811\uadfc\uacfc \ub192\uc740 \ub808\ubc84\ub9ac\uc9c0 \uc635\uc158\uc744 \uc911\uc694\ud558\uac8c \uc0dd\uac01\ud569\ub2c8\ub2e4. \ud0c8\uc911\uc559 \uae08\uc735 \ud504\ub85c\ud1a0\ucf5c\uc744 \ud1b5\ud55c \uc628\uccb4\uc778 \uc790\uae30\uc704\ud0c1 \ud2b8\ub808\uc774\ub529\uc744 \ubaa8\uc0c9\ud558\ub294 \uacbd\uc6b0. \uc804\ud1b5 \uc120\ubb3c(\uac00\ub2a5\ud55c \uacbd\uc6b0)\uc744 \uace0\ub824\ud558\ub294 \uacbd\uc6b0: \uaddc\uc81c\uc758 \uba85\ud655\uc131\uc774 \ud544\uc694\ud55c \uae30\uad00(\uc608: CME \ube44\ud2b8\ucf54\uc778 \uc120\ubb3c)\uc778 \uacbd\uc6b0. \uc790\uae08 \uc870\ub2ec \ube44\uc6a9\uc774 \uc5c4\uccad\ub098\uac8c \ub9ce\uc774 \ub4dc\ub294 \ub9e4\uc6b0 \uc7a5\uae30\uc801\uc778 \ubc29\ud5a5\uc131\uc744 \uac16\uace0 \uc788\ub294 \uacbd\uc6b0. \uac00\ubcc0\uc801\uc778 \ud380\ub529 \uae08\ub9ac\ubcf4\ub2e4 \uc608\uce21 \uac00\ub2a5\ud55c \ub864\uc624\ubc84 \ube44\uc6a9 \uad6c\uc870\ub97c \uc120\ud638\ud569\ub2c8\ub2e4. \uc2e4\ubb3c \uacb0\uc81c \uac00\ub2a5\uc131\uc774 \ud544\uc694\ud569\ub2c8\ub2e4. \ud380\ub529 \ube44\uc728, \ud45c\uc2dc\uac00\uaca9 \uc2dc\uc2a4\ud15c, \uc9c4\ud654\ud558\ub294 \ube14\ub85d\uccb4\uc778 \uc778\ud504\ub77c \ub4f1 \ubb34\uae30\ud55c \uc120\ubb3c\uc758 \uba54\ucee4\ub2c8\uc998\uc744 \uc774\ud574\ud558\ub294 \uac83\uc740 \ub354 \uc774\uc0c1 \uc120\ud0dd \uc0ac\ud56d\uc774 \uc544\ub2d9\ub2c8\ub2e4. \uc774\ub294 \ud604\ub300 \uc554\ud638\ud654\ud3d0 \ud30c\uc0dd\uc0c1\ud488 \ud658\uacbd\uc744 \ud0d0\uc0c9\ud558\uace0 \uc131\uacf5\ud558\uae30 \uc704\ud55c \ud544\uc218 \uc9c0\uc2dd\uc785\ub2c8\ub2e4. \ubb34\uae30\ud55c \ub610\ub294 \uae30\uc874 \uacbd\ub85c\ub97c \uc120\ud0dd\ud558\ub4e0, \uc120\ud0dd\ud55c \ubb34\uae30\uc5d0 \ub0b4\uc7ac\ub41c \uba54\ucee4\ub2c8\uc998, \ube44\uc6a9, \uc704\ud5d8\uc5d0 \ub300\ud574 \ub208\uc744 \ud06c\uac8c \ub728\uace0 \uac70\ub798\ud558\uc138\uc694.<\/p>","protected":false},"excerpt":{"rendered":"
Perpetual Swaps vs. Traditional Futures: The Ultimate Trader's Guide to Choosing Your Weapon The world of financial derivatives is vast, but in the cryptosphere, one instrument reigns supreme: the perpetual future, or "perp." If you're trading crypto, you've undoubtedly encountered it. But what exactly sets it apart from the traditional futures contracts that have existed […]<\/p>","protected":false},"author":1,"featured_media":4374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-4375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/4375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/comments?post=4375"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/4375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/media\/4374"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/media?parent=4375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/categories?post=4375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/tags?post=4375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}