I just tried to trade a shit coin on an exchange, short position USDⓈ-M Futures. The funding fee credit or debit would be in some minutes to this time.
[xxxxxxxx] USDⓈ-M Futures Funding Fee Notification
The UNFIUSDT position in your Binance USDⓈ-M Futures account (************) will be charged a funding fee at 2023-09-04 08:00:00 (UTC+0). The expected funding rate is -0.726%, and you will be charged a fee of 2.05262334 USDT.
If I close the position before the time stated, the exchange will not deduct anything?