Earned 600 dollars, but only 300 left?
The direction was correct, the market went as you expected, but when settling, the account was still in the red—this situation has truly occurred on MYX Finance.
This is not a system bug or a black swan, but an invisible killer that many people overlook—the funding rate.
It may quietly eat away at your profits while you focus on the market, even turning your profits into losses.
📊 A real example of a trading scenario:
Current $MYX price: 0.066U
Short position amount: 10,000U
Funding rate: -0.04% (settled every 8 hours)
It looks like the position isn't large and the rate isn't high? But let's calculate:
Every 8 hours payment: 10,000U × 0.0004 = 4U
Holding position for 2 days (6 cycles) → 4U × 6 = 24U
The coin price dropped as predicted, from 0.066U to 0.062U, a decrease of 6.06%, floating profit approximately:
10,000U × 6.06% ≈ 606U
After deducting funding rate (24U) + fees (10U), the actual amount received is only:
≈ 572U
😰 In a more extreme case: funding rate expands to -0.4%
The stronger the market bearish sentiment, the more negative the funding rate may be.
Assuming the funding rate drops to -0.4%:
Every 8 hours payment: 10,000U × 0.004 = 40U
Total over two days: 40U × 6 = 240U
At this point, even if the coin price drops by 3%, with a floating profit of 300U, it will eventually be consumed entirely by the funding rate and fees.
The direction was right, the position was profitable, but the account is experiencing 'chronic bleeding'.
This is exactly the reality of you 'earning 600 dollars and only having 300 left'—
On the surface, it's a victory, but behind the scenes, the market has taken away the profit interest.
🧠 A few reminders for traders:
MYX's market mechanism is a progression in the DeFi world—
Chain abstraction technology, no cross-chain signatures, VIP low fee system, all represent leaps in experience.
But it also means:
Do not overlook the time cost of holding positions
Do not ignore the dynamic changes in funding rates
Do not fantasize that 'correct trends' will necessarily lead to profits
On MYX, winning in the market requires not only choosing the right direction but also the right timing and controlling costs.
✅ Summary:
MYX Finance is a protocol with the potential to change the landscape of on-chain derivatives.
It makes trading light and easy, but also raises higher demands on traders:
It's not that you lost, but that you overlooked the 'interest' the market charges you.
Therefore—
Being able to trade is not as good as being able to calculate.
Don't let the funding rate eat away at the profits you should have secured.@MYX Finance
#MYXFinance引领BSC链上永续未来 #大漠茶馆