Starting November 29 funding rates have been significantly reduced.

0% Funding Rate for short-term contracts
Contracts with expiration less than 8 hours (1h, 3h, and 8h) do not pay funding costs anymore.

Reduced funding rates for the rest
Funding rates for the contracts with expiration 8h+ (including perpetual contracts) have been significantly reduced.
For example, the BTC funding rate was reduced from 0.1% per day to 0.033% (three times smaller).
For the full list of rates check our fee schedule.

Happy Trading!