FAQ
Straight answers.
What it is, what it costs, where your money sits, how it trades and how to stop. Anything else — just ask.
Getting started
What exactly is PERP KING?
PERP KING is trading software: autonomous trading intelligence for crypto perpetual futures, operated at perpking.net. One intelligence layer. Six exchange integrations: Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures, through one unified trading environment. It trades LONG or SHORT only when price action, momentum, order flow, liquidity and market context agree, then protects, manages and closes each position. LIVE automated execution runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures.
Approved customers can connect Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures or KuCoin Futures, or use optional Simulation. Funds stay at the exchange. LIVE automated execution runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. PERP KING does not use withdrawal, deposit, or transfer endpoints and does not require those permissions. Simulation places no real orders.
PERP KING provides software that automates trading through connected third-party exchange APIs. Customer assets remain at the exchange. PERP KING does not receive customer deposits, does not keep a customer custody ledger, and is not the counterparty to customer trades. It is not a broker, an exchange, a custodian or an investment adviser. It is not affiliated with or endorsed by those exchanges.
What is an exchange, and why does it matter?
An exchange is where your trading account lives and where your capital stays — in your own name. You open that account with the exchange directly. PERP KING integrates with Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures.
If you choose to connect, you create the key at that exchange. A read-only key shows the account. A separate trade key is what LIVE uses, and LIVE automated execution runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. PERP KING does not use withdrawal, deposit, or transfer endpoints and does not require those permissions. Configure the key to the minimum the exchange requires. You can revoke either key at the exchange at any time. PERP KING does not hold customer funds and does not use a withdrawal endpoint.
What can I actually do today?
Watch the robot's public live status. Approved customers can connect one of the six integrations, or follow the robot in optional Simulation. LIVE automated execution runs on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures: the house engine selects symbol and direction, size follows your equity and limits, and orders use your trading API. After you confirm LIVE, individual trades are not confirmed one by one. PERP KING does not use withdrawal, deposit, or transfer endpoints. A separate read-only key only displays the account. You start, pause and stop.
How do I get access?
Apply for the private beta. Every application is reviewed individually by the PERP KING team. If you're approved, you receive a personal access link; setup then takes about two minutes. Connecting an exchange is optional and can be done later.
Who can join?
Adults who are legally permitted to use crypto derivatives where they live. Rules differ by country; you are responsible for checking yours.
Cost & your funds
What does it cost?
The private beta is free: no card, no subscription. After the beta, PERP KING plans to offer monthly plans. They will be announced well in advance, and nothing is ever charged without your explicit agreement.
Where is my money?
If you have an exchange account, your capital stays there, in your name — at Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures or KuCoin Futures. PERP KING does not receive deposits and does not use withdrawal endpoints.
Simulation does not use your exchange balance and places no orders. LIVE, if you start it, runs on the connected exchange with your trading API. PERP KING does not use withdrawal, deposit, or transfer endpoints.
What key permissions do I need?
A read-only key shows your account and cannot place orders. LIVE uses a separate trading key with order permission so it can place and cancel orders. Leave withdrawal permission off. PERP KING does not require deposit, transfer, or withdrawal, and it does not verify Kraken's withdrawal switch through the API. OKX, Bitget and KuCoin also require the API passphrase.
Never give anyone — including PERP KING — a key with withdrawal permission. Before a key is stored, PERP KING checks that an account read succeeds. That check does not prove Kraken's withdrawal switch. The key is encrypted, never shown again, and can be deleted at any time.
Which exchange can I connect?
After approval you can connect Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures or KuCoin Futures, or use Simulation with no exchange. Each page is at /exchanges. PERP KING is independent and is not affiliated with or endorsed by any exchange.
Does PERP KING trade on my exchange account?
Yes, on Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures. The house engine selects the symbol and direction, size follows your equity and limits, and orders are sent with your trading API. After you confirm LIVE, individual trades are not confirmed one by one. The connected exchange is the trading venue. Your funds stay at the exchange. PERP KING does not use withdrawal, deposit, or transfer endpoints. Simulation places no orders. The operator robot keeps trading on the operator account.
How it trades
Is this just an indicator bot?
No. No trade ever comes from one indicator or one signal. Price action across timeframes, momentum, order flow, liquidity, futures positioning, market context and news are read independently, and a final check actively looks for reasons not to trade. If they don't agree, it doesn't trade.
Does it trade both directions?
Yes. LONG and SHORT setups are evaluated continuously. The home page shows the real LONG and SHORT split of setups it fully evaluated in the last 24 hours.
Why does it pass on most setups?
Because most setups aren't good enough once timing, costs and risk are included. Waiting is a decision, not an absence of one. The home page shows the main reasons it waited recently.
It hasn't traded today. Is it working?
Check the home page: the live counters come from the robot's own audit trail. On a day with no trades it is typically still re-evaluating markets, running committee reviews and risk checks more than a hundred thousand times a day, and refusing every setup that doesn't clear them. If the robot itself were down, the status would say Offline — it never shows activity it didn't do.
What does it do once a position is open?
It protects the position with a stop at the exchange from the first moment, keeps re-reading the market, moves protection up as the trade works, takes profit into strength, exits early if the reason for the trade disappears, and lets part of a strong winner keep running under a tighter stop.
Does it learn?
Carefully. Every decision's outcome is followed up; signals that were right more often earn more influence; and improvements are tested quietly beside the live robot. A change ships only if it beats what is running. Hard risk limits are never loosened by this process.
Will you publish the strategy?
No. We show the power of the engine through what it produces: how many markets it watches, how much it checks, the stages every trade passes through, why it waited, and verified live fills. The models, formulas, thresholds, weights and committee rules stay private — enough to understand what it does, never enough to rebuild it.
Why no performance numbers?
Short or selective windows are easy to present misleadingly, so the beta doesn't market results. Your terminal shows your own account: simulated results are hypothetical, and LIVE results are the fills on your exchange. Neither is a published performance claim.
Limits & control
How is the simulation calculated?
When the robot opens a new position, your simulated account enters the same market and direction at the current price with 0.02% adverse slippage and a 0.05% fee per side. Size comes from your risk per trade and the robot's stop distance, capped by your leverage. It closes when the robot's position closes.
Not included: funding payments and real fill differences. Positions opened before you started are never joined.
How do I stop?
Press Stop in the terminal. In Simulation, simulated positions close immediately. In LIVE, positions PERP KING opened on your exchange account are closed. Pause opens nothing new in that mode. You can also disconnect your key or delete your account at any time.
What happens if the robot or its data goes offline?
Nothing is guessed. Simulation goes on hold until fresh data returns. LIVE does not open new positions from stale data, and stops already resting at the exchange stay there. The terminal shows what is degraded and how old the data is.
Can you guarantee profits?
No one can. Leveraged derivatives can lose money quickly. PERP KING is built to be selective and to cut losses inside hard limits, but losses will happen.
How do I reach a person?
Once you're in, open Concierge in your terminal and write to us — a member of the team replies there. Before you have access, use the contact page.
Data & privacy
What data do you collect?
Your application (name, email, phone number, country, preferred language, exchange, experience, an approximate capital range and what you want from PERP KING), onboarding answers and acknowledgements, your settings and simulated trades, Concierge messages, an activity log for your security, and your encrypted exchange key if you connect one. No identity documents.
Website analytics are first-party and cookieless, and switch off when your browser sends Global Privacy Control or Do Not Track.
Can I export or delete my data?
Yes, from Settings in the terminal. Deletion removes your key, sessions, settings, simulated trades, consents, Concierge messages and linked analytics immediately.
Still wondering about something? Ask us — a person reads every message.
Put PERP KING to work — inside your limits.
Free during the private beta, approved individually. No card, no subscription. Your capital stays in your own exchange account.