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Sure! Here's a paraphrased version of your content in a clear and beginner-friendly tone:
š What Is a Funding Fee in Perpetual Futures?
Perpetual futures donāt have an expiry date. To keep the futures price aligned with the spot price, exchanges use something called a funding rate.
This isnāt a fee charged by Binance, but a payment between traders.
If the funding rate is positive, traders with long positions pay those with short positions.
If itās negative, shorts pay longs.
Binance calculates this every 8 hours: 00:00, 08:00, and 16:00 UTC.
š° Why Can Your Funding Fee Be More Than Your Profit?
Here are three main reasons:
Small Profit, Big Position Size
For example, youāre scalping and make $5 profit on a $10,000 position.
If the funding