Many people do not think about it, but I want to tell you how commissions and funding rates work. For example, you opened a trade, regardless of the leverage, your trade volume is $100. If you opened an order at the market price, a fee of 0.06% will be deducted from your $100$ for opening, and the same percentage will be deducted for closing. Therefore, if you do everything with limit orders, it will be cheaper🤝

The same story applies to the funding rate; if your volume is 100$ and you have a Long position while the funding is -1%, you will be charged 1$ every 8 hours. That’s why I want you to know this so that you don't have any misunderstanding about where money goes or is added 💰

Wishing everyone profit 🍀