---
title: Pricing Power of Perpetual Futures
url: https://www.ml-quant.com/papers/ssrn/4525788/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4525788
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4525788
featured: 2023-08-02
citations: unknown
topic: Crypto & DeFi
---


# Pricing Power of Perpetual Futures

The study presents a new method for pricing power perpetual futures with stochastic volatility, enhancing the existing deterministic volatility framework, particularly for crypto trading.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4525788
- Identifier: SSRN 4525788
- Released: 2023-04-28
- First featured: Quant Letter No. 10 (2023-08-02): https://www.ml-quant.com/issues/2023-08-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Crypto & DeFi

## Related

- [Factors Influencing Cryptocurrency Prices: Evidence from Bitcoin, Ethereum, Dash, Litcoin, and Monero](https://www.ml-quant.com/papers/arxiv/2511.22782/): The study examines the price factors influencing five major cryptocurrencies from 2010-2018, highlighting the roles of market conditions, long-term appeal, and the SP500 index.
- [Good vs. Bad Volatility: The Dichotomy and Drivers of Connectedness in Major Cryptocurrencies](https://www.ml-quant.com/papers/ssrn/4522873/): The volatility dynamics of cryptocurrencies, which have unique statistical properties, are vital for portfolio managers and traders, with high or low connectedness periods linked to specific crypto market and macroeconomic events.
- [Bitcoin Gold, Litecoin Silver: An Introduction to Cryptocurrency's Valuation and Trading Strategy](https://www.ml-quant.com/papers/arxiv/2308.00013/): A study confirms the comparison of Bitcoin to gold and Litecoin to silver, highlighting Bitcoin's superior value storage capacity compared to Litecoin.
- [Arbitrage Opportunities and Efficiency Tests in Crypto Options](https://www.ml-quant.com/papers/ssrn/4495548/): Bitcoin and ether derivatives markets are becoming more efficient, especially for longer-dated options.
- [Decomposing cryptocurrency high-frequency price dynamics into recurring and noisy components.](https://www.ml-quant.com/papers/arxiv/2306.17095/): External factors like macroeconomic reports and stock indices impact the activity patterns of cryptocurrencies like bitcoin and ether.
- [Causality between Sentiment and Cryptocurrency Prices](https://www.ml-quant.com/papers/arxiv/2306.05803/): A Narrative Study: A study has been conducted to examine the correlation between narratives on Twitter and the value of cryptocurrency. The study used topic modelling and sentiment analysis to identify 4-5 cryptocurrency-related narratives and their impact on crypto prices.