Futures Trading and Funding Fee
You should NOT ignore funding fees! Here's why:
This picture is my 1M funding fee data. I got a net 84usd gain from funding fees, mostly from my long term hedge position. 84 usd might not be much for some of you, but it *is* not an amount you can just ignore!
There are many posts and people saying you can ignore funding fees. While it is true it is much more important to worry about the direction of the position first, you cannot ignore funding fees especially if you're planning to hold long term. As you can see I gained 84 usd from my position but that can also be a 84 usd loss for you if you held the opposite of my position.
Also I'm not 100% sure but $bfusd interest is at least partially made from funding fees of $ETH etc short contracts so it can be a viable strategy on its own as well.
