Post
Topic
Board Trading Discussion
Re: Funding rate
by
cryptocointrade.com
on 04/09/2023, 08:55:08 UTC
Traders are only liable for funding payments in either direction if they have open positions at the pre-specified funding times. You are not liable for any funding if you do not have a position. If you close your position before the funding time, you will not pay or receive any funding.

Its not about you holding the contract for 8 hours, you must close it before the pre-specified funding times.

Also, remember due to the design of perpetual contracts and funding rates you can end up getting paid the funding rate