📊 Today's lesson: Funding Rates
You only pay or receive funding fees if you still hold a position at the settlement time. If you close your position before settlement, you won't pay or receive any funding fees.
If you plan to hold a position for several days, factor funding fees into your holding costs. When rates are high, they can add up to a significant amount.
Before opening a position, check the liquidation price. If it's too close to the current price, reduce your position size.
Here's a market update: $BTC Current price: 82742.73 (24h +2.22%).
#BTC
This is not a recommendation to buy or sell in any form. You assume all risks.
You only pay or receive funding fees if you still hold a position at the settlement time. If you close your position before settlement, you won't pay or receive any funding fees.
If you plan to hold a position for several days, factor funding fees into your holding costs. When rates are high, they can add up to a significant amount.
Before opening a position, check the liquidation price. If it's too close to the current price, reduce your position size.
Here's a market update: $BTC Current price: 82742.73 (24h +2.22%).
#BTC
This is not a recommendation to buy or sell in any form. You assume all risks.