Funding Fee

The Funding Fee section under the History tab provides users with a complete breakdown of funding fee payments and receipts associated with Perpetual Futures trading. This section is particularly important for traders who want to monitor the costs or earnings related to maintaining open positions in the futures market.


Features of the Funding Fee Section:

  1. Date:

    • Displays the exact date and time when the funding fee was calculated and applied.

    • Helps users track the frequency and timing of funding fee transactions.

  2. Pair:

    • Indicates the trading pair associated with the funding fee (e.g., BTC/USDT).

    • This ensures users can easily associate fees with specific contracts.

  3. Price:

    • Shows the market price of the pair at the time the funding fee was applied.

    • Useful for understanding how market conditions influenced funding calculations.

  4. Quantity:

    • Represents the quantity of the asset involved in the transaction.

    • Helps traders correlate fees with the size of their open positions.

  5. Fee Coin:

    • Indicates the currency in which the funding fee was charged or received (e.g., USDT).

    • Ensures clarity on how the fees were settled.

  6. Fee Rate:

    • Displays the funding rate applied to calculate the fee.

    • The funding rate fluctuates based on market conditions and ensures balance between buyers and sellers.

  7. Fee:

    • The actual amount charged or received as the funding fee.

    • Positive values indicate fees received, while negative values represent fees paid.

  8. Type:

    • Indicates whether the fee was a Payout (paid by the user) or Receive (earned by the user).

    • Helps users differentiate between costs and earnings.


How the Funding Fee Section Works:

  1. Track Fees for Open Positions:

    • Funding fees are applied periodically to open futures positions based on the prevailing funding rate.

    • The section records every fee transaction, making it easy to monitor costs.

  2. Analyze Cost Efficiency:

    • Traders can use the Fee Rate and Fee columns to understand how much they are paying or earning for maintaining open positions.

  3. Identify Patterns:

    • By analyzing the Date, Pair, and Price, traders can identify patterns in funding fees relative to market conditions.

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