Fees
Trading Fees
Standard trading fees apply to buy and sell orders, which depend on your VIP level or maker/taker status. For more details, please refer to the section on trading fees.
Funding Fees
Overview
The funding rate is the rate paid between longs and shorts every 1 hour.
If positive, longs pay shorts, if negative, shorts pay longs.
The countdown shows the time remaining until the next payment.
If you close your position before the countdown ends, you will neither pay nor receive the funding fee.
Settlement Cycle
The funding rate settlement cycle is currently 1 hour.
If there are any changes, they will be updated under “Market Info” for the corresponding token.
You can also check this information before trading.
Calculation
The funding rate reflects market conditions and is not controlled by the exchange.
It is mainly determined by the difference between the perpetual futures price and the spot price, market supply and demand, and borrowing costs.
For details on how funding rates are calculated, please refer to the documentation here.
How to view the Funding History of a token?
On the exchange page, click “More” → “Market Info” →
Click “Funding History”, from the dropdown menu, select the token you want to review. You will see the funding rate details across different timestamps.
To view a line chart of the token’s historical funding rates:
Go to the Order Placement page, select the token from the dropdown menu on the left.
Under the Funding tab, you can see the historical line chart.
Hover over the line to view the funding rate at a specific time.
View Your Funding Payments
Click Portfolio.
Under the Futures tab, click Funding.
Use the dropdown menu on the right to select the token you want to view.
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