资金费

Too many newcomers don't understand the power of funding fees! Below is a screenshot shared by netizens showing the profits from shorting $LPT yesterday: Clearly, the position was profitable by 9000U, but after deducting the funding fees, the result was a loss of 5000U. In just half a day, the funding fees resulted in a loss of 14000U. Even closing the position one minute before the funding fee was deducted, they didn't know this!
#lpt #资金费

Funding fees are calculated using the following formula:
Funding Amount = Position Notional Value * Funding Rate
Where
Position Notional Value = Mark Price x Contract Size (applicable to USDT-margined contracts) Contract Multiplier x Contract Size/Mark Price (applicable to Coin-margined contracts) The mark price here will be more accurate and calculated in real-time, which may differ slightly from the mark price pushed on the trading page every second.
For funding fees settled every 8 hours, the settlement times are 00:00 (UTC), 08:00 (UTC), and 16:00 (UTC). For funding fees settled every 4 hours, the settlement times are 00:00 (UTC), 04:00 (UTC), 08:00 (UTC), 12:00 (UTC), 16:00 (UTC), and 20:00 (UTC).

The system may take up to 1 minute to process the settlement of all funding fees on the platform, depending on the user's position size. Binance cannot guarantee the specific time for the settlement of funding fees for a particular trading pair. For example, if a trader opens a position at 08:00:59 (UTC), the funding fee may still apply, regardless of whether that trader is the payer or the receiver. New orders submitted during the funding fee settlement period may experience significant delays.

Please note that opening or closing a position before the funding fee settlement may affect your participation in the payment or receipt of that funding fee. For example, if a trader opens a position at 07:59:59 (UTC) and closes it at 08:00:01 (UTC), if the funding fee settles at 08:00:02 (UTC), it may not apply to that trader (whether paying or receiving the funding fee).

Only traders who still have open positions at the scheduled funding fee time point are required to pay funding fees in either direction. If there are no positions at that time, no funding fees need to be paid. If positions are closed before the funding fee time point, no funding fees will be received or paid.
The actual collection time of funding fees has a 1-minute deviation. For example, if a trader opens a position at 08:00:59 (UTC), the funding fee may still apply, regardless of whether that trader is the payer or the receiver.

#资金费

$AUCTION #资金费 Exchange, don't push it anymore. Funding fees are collected every 4 hours, losing 12% a day. Yesterday, ORCA collected funding fees every 2 hours, losing 24% a day. What the hell is this.

$BTC $ETH $XRP

#资金费
Adjust the alarm clock ⏰
The platform will pay you on time
Paid every 8 hours
If you don't run fast, you might lose money
Promise me to eat that high one
Remember not to be greedy and eat more than one
If it looks wrong, run away
What I secretly told you, don't tell others

$GAS This rate is quite aggressive, single time -1.5956%, annualized 1747.18%
Arbitrage enthusiasts are overjoyed~ If you feel like you missed the opportunity, consider cross-exchange arbitrage.
#资金费 #套利