You can also make money from funding rates! Funding rates can be positive or negative. When you hold a position and the settlement time arrives without closing your position, you may receive or pay funding rates.

The funding rate settlement times are 2/4/8 hours. If it's a positive number, then if you go long at the settlement time, you have to pay, and if you go short, you receive money.

The funding rates for new coins are usually high, and the settlement times are short, so many people will operate on them to earn money from those who are unaware of this.

Taking this coin as an example, if you open a 20X long position with an investment of 100U, when the countdown reaches zero, you will receive 20*100*0.9314%=18.628U as the funding rate. If you go short, you will pay 18.628U in funding rates.

Similarly, in this example, if you open a 108X short position, when the time is up, you will be directly liquidated because the funding fee has already exceeded the principal (regardless of how much the principal is).