š„šø Funding Fees on Binance Futures ā The Hidden Profit Drain! š±š§Ø
š āWhere did my gains go?!ā If your balance looked lighter this morning, youāre not alone ā funding fees may be the culprit. šš„
Letās clear things up:
šµļøāāļø Binance isnāt taking your money!
ā”ļø These arenāt platform fees ā theyāre peer-to-peer payments between traders, charged every 8 hours (at 00:00, 08:00, and 16:00 UTC).
š¢ Why funding fees surge:
1. Too many longs? ā Longs pay shorts.
2. Futures price strays from the spot? ā Premiums rise, fees spike.
3. Trading trending tokens ($PEPE, $SUI, $TAO)? ā Buckle up. volatility means wild fee swings.
ā ļø Heads-Up for Traders:
Holding big positions across multiple funding cycles? That can quietly eat into your PnL. You may look profitable on screen, but fees can chip away at real returns.
š§ Pro Tips to Handle Funding Fees:
ā Always check the current funding rate before opening a trade.
ā Avoid oversized positions in high-volatility assets.
ā Scalpers: Consider closing before funding hits.
ā If fees are working against you, flip the trade ā but only with strong technical confirmation.
ā Or go contrarian: position yourself to earn the funding.
šÆ Funding fees can be a silent drain ā or a powerful income stream. Learn how they work, adjust your strategy, and sharpen your edge in futures trading!
š¬ Have you been hit by fees or turned them into profit? Drop your experience below ā letās level up together š
#Write2Earn #ScalpingStrategy #MarketPullback #IsraelIranConflict #MyTradingStyle