#BTC shipped part of it at 65500. After the last replenishment on 2/12, the phased task was finally completed today.
There are three costs for holding a contract for a long time: handling fees, funding rates, and forced liquidation.
Sort by degree of pain: forced liquidation > funding rate > handling fee
📌 Forced liquidation is liquidation. When a liquidation occurs, not only will the loss be deducted, but a liquidation fee will also be incurred. But fortunately, this can be avoided. As long as you set the stop-profit and stop-loss prices before opening a position or as soon as possible after opening a position, you can avoid forced liquidation. If you haven't decided what your take profit price should be, you must at least set your stop loss first.
📌 The funding rate, the funding rate for three meals a day is like your home’s water, electricity and gas bills, the cost you have to pay even if you don’t do anything from opening your eyes to closing your eyes. The funding rate is floating. There are real-time rates and historical rates in the contract information for reference. You can make a simple estimate before trading. #比特幣 The funding rate is an 8-hour cycle, three times a day. For example, for my Bitcoin order, the one-time funding rate ranges from 0.16 to 0.18. I just calculate it as 0.2u, which is 0.6u three times a day. The funding rate for my one-month order is about 18u.
The funding rate is affected by many factors. My rate cannot be used as a reference, and the calculation cycle of some currencies is every 4 hours. The most direct reference method is to check it from your own contract transaction records.
📌 Handling fee, every interaction will generate a handling fee. Therefore, there will be one time to open a position and one time to close a position, so there will be at least two handling fees for a complete contract transaction. Ideally it would be twice, but in practice it doesn't have to be.
For example, if you want to take profits when Bitcoin reaches 65,500, your order is for 100u. Ideally, you only need to pay the handling fee once, but the actual situation is that your 100u may be divided into two transactions in the market, so there will be Two interactions, two handling fees.
