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QUESTIONOFTHEDAY

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IRFAN ABID BUKHARI
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#Questionoftheday         What car will you buy when #XRP hits $589? Classic or Super? 🤔          🙌                🌙✨ 👉 Follow Like  Share 💥You’ve been such a valuable member of our BINANCE TEAM! 🚨                      🙌 This isn't the end; it's just a new beginning.                    🙌 NO MATTER WHAT !  AVOID LEVERAGE TRADING !!!  GROW SLOW AND STEADY. KEEP FORWARD ... Don't forget to  Follow Like Share & Comment  "*I wish you all the best because you deserve nothing less*"                     🙌 "*I   also   pray  for   your  future  endeavors.*"                      🙌 Enjoy your well-earned . You deserve it!                        🙌 *This is not investment advice.*                         🙌 🔸Follow   📣 share  Like & comment  🔔  👇🏻                          🙌 I hope you will do.                          🙌 We’re never late ✌️ Immediately analyze and receive on-Chain data from top-level news and                          🙌 for interesting , latest news and updates about Crypto Currencies around the 🌍 globe 🌎 👇🏻 🌐                             ⚔️                            🙌
#Questionoftheday

        What car will you buy when #XRP hits $589? Classic or Super? 🤔

         🙌

               🌙✨

👉 Follow Like  Share

💥You’ve been such a valuable member of our BINANCE TEAM! 🚨

 

                   🙌

This isn't the end; it's just a new beginning.

                   🙌

NO MATTER WHAT ! 

AVOID LEVERAGE TRADING !!! 

GROW SLOW AND STEADY.

KEEP FORWARD ...

Don't forget to 

Follow Like Share & Comment 

"*I wish you all the best because you deserve nothing less*"

                    🙌

"*I   also   pray  for   your  future  endeavors.*"

                     🙌

Enjoy your well-earned . You deserve it!

                       🙌

*This is not investment advice.*

                        🙌

🔸Follow   📣 share  Like & comment  🔔

 👇🏻

                         🙌

I hope you will do.

                         🙌

We’re never late ✌️

Immediately analyze and receive on-Chain data from top-level news and

                         🙌

for interesting , latest news and updates about Crypto Currencies around the 🌍 globe 🌎 👇🏻

🌐 

                           ⚔️

                           🙌
#QUESTIONOFTHEDAY Do we Recieve or do we Pay a funding for each trade Yes No or it depends hear is a quick summary of what i discovered To receive a Binance funding fee, you need to hold a long position (buying) while others hold short positions (selling) in a futures contract when the funding rate is negative. Funding fees are payments made between traders with opposing positions in a futures contract, with those with long positions paying short positions when the funding rate is positive, and short positions paying long positions when the rate is negative. Here's a more detailed explanation: Funding Rate: The funding rate is a percentage calculated based on the difference between the perpetual contract price and the spot price of the underlying asset, as well as the interest rate. Positive Funding Rate: When the perpetual contract price is higher than the spot price (positive premium), long positions are expected to pay short positions a funding fee. Negative Funding Rate: When the perpetual contract price is lower than the spot price (negative premium), short positions are expected to pay long positions a funding fee. Receiving Funding Fees: To receive funding fees, you need to hold a long position and the funding rate must be negative. Funding Time: Binance specifies funding times (e.g., 08:00 UTC) when funding payments are calculated and settled. Position Timing: You must have an open long position at the pre-specified funding time to potentially receive the fee, Binance notes. If you close your position before the funding time, you won't receive any fee. #Fundingfee
#QUESTIONOFTHEDAY
Do we Recieve or do we Pay a funding for each trade
Yes No or it depends hear is a quick summary of what i discovered

To receive a Binance funding fee, you need to hold a long position (buying) while others hold short positions (selling) in a futures contract when the funding rate is negative. Funding fees are payments made between traders with opposing positions in a futures contract, with those with long positions paying short positions when the funding rate is positive, and short positions paying long positions when the rate is negative.

Here's a more detailed explanation:

Funding Rate:
The funding rate is a percentage calculated based on the difference between the perpetual contract price and the spot price of the underlying asset, as well as the interest rate.

Positive Funding Rate:
When the perpetual contract price is higher than the spot price (positive premium), long positions are expected to pay short positions a funding fee.

Negative Funding Rate:
When the perpetual contract price is lower than the spot price (negative premium), short positions are expected to pay long positions a funding fee.

Receiving Funding Fees:
To receive funding fees, you need to hold a long position and the funding rate must be negative.

Funding Time:

Binance specifies funding times (e.g., 08:00 UTC) when funding payments are calculated and settled.

Position Timing:

You must have an open long position at the pre-specified funding time to potentially receive the fee, Binance notes. If you close your position before the funding time, you won't receive any fee.

#Fundingfee
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