$UXLINK The funding rate is full, and many friends still don't understand what the funding rate is for.

Simply put, if the funding rate is positive, the long position pays the short position, and vice versa.

What does a negative 2% handling fee mean? If I open a 1000u✖️10x long order now, then when the rate is settled, I will receive a funding fee of 200u, and this money is paid to me by the short position.

So don't let any friends ask why there is suddenly an extra amount of money or a deduction of money, it's because of this funding rate.

Not only the funding rate, but also the handling fee is a big expense. Many friends don't know that the handling fee can be refunded. Welcome to consult.