Let’s talk about funding rates.
Only those still holding a position at the settlement time pay or receive funding fees; closing before settlement means no funding fee applies.
One thing worth considering: funding fees are calculated based on the notional value. With high leverage, the same rate translates into a larger percentage of your margin.
If you plan to hold a position for several days, include funding fees in your holding costs. When rates are high, they can add up over several settlement periods.
The coin mentioned above: $BTC is quoted at 77448.02, down 0.43% over 24h.
Only those still holding a position at the settlement time pay or receive funding fees; closing before settlement means no funding fee applies.
One thing worth considering: funding fees are calculated based on the notional value. With high leverage, the same rate translates into a larger percentage of your margin.
If you plan to hold a position for several days, include funding fees in your holding costs. When rates are high, they can add up over several settlement periods.
The coin mentioned above: $BTC is quoted at 77448.02, down 0.43% over 24h.