$INIT Funding rate −0.2933% / 1 hour: If the rate stays unchanged, a 1000U notional short position would pay about 70.39U per day.

- Direction: shorts pay longs
- Assuming the rate and interval stay unchanged, a 1000U notional position would pay about 2.93U per settlement, or an estimated 70.39U (7.04%) per day
- Actual cumulative total over the past 7 days: −39.98% (105 settlements; positive values mean longs pay)

At 10x leverage, the same fees would amount to 70.4% of the margin per day. This estimate assumes the rate stays unchanged; actual payments depend on positions and the rate at settlement.

Funding rates reflect the pricing relationship and settlement mechanism between perpetual contracts and spot markets. They cannot, by themselves, prove which side has more traders or indicate where the price will go next. Payments occur only if you hold a position at settlement; future rates are determined at the time of settlement.

Do you check the funding rate before opening a position?

#合约交易 #FundingRate

Data collected: 2026-11-14 12:02 CST; source: Binance public market data.
Not investment advice.