The funding rate for $INIT is currently −0.8468% per hour. If you open a 1000U short position, how much would you pay in a day?
- Direction: shorts pay longs
- At the current rate, that’s about 20.32% per day: a 1000U notional position would pay 203.24U in one day
- Annualized, that’s about 7418%
- Actual cumulative rate over the past 7 days: −22.91% (51 settlements; positive values mean longs pay)
At 10x leverage, the same fee amounts to 203.2% of your margin in one day. Many people focus only on price and don’t account for this holding cost—the longer you hold, the more it eats into your returns.
A high funding rate means many traders are on one side, but it doesn’t by itself indicate which way the price will move next. The rate can change at any time; the rate at settlement applies.
To calculate different rates and holding periods yourself, try this conversion tool: https://jmcool007.github.io/wisekit/funding/
Do you check the funding rate before opening a position?
#合约交易 #FundingRate
This is not investment advice.
- Direction: shorts pay longs
- At the current rate, that’s about 20.32% per day: a 1000U notional position would pay 203.24U in one day
- Annualized, that’s about 7418%
- Actual cumulative rate over the past 7 days: −22.91% (51 settlements; positive values mean longs pay)
At 10x leverage, the same fee amounts to 203.2% of your margin in one day. Many people focus only on price and don’t account for this holding cost—the longer you hold, the more it eats into your returns.
A high funding rate means many traders are on one side, but it doesn’t by itself indicate which way the price will move next. The rate can change at any time; the rate at settlement applies.
To calculate different rates and holding periods yourself, try this conversion tool: https://jmcool007.github.io/wisekit/funding/
Do you check the funding rate before opening a position?
#合约交易 #FundingRate
This is not investment advice.
