#RARE The funding rates are the fees set by cryptocurrency exchanges to maintain balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a mechanism for fund exchange between long and short traders, adjusting the cost or profit of holding contracts to keep the contract price close to the underlying asset price. But in this case Binance are using Rare funding rate to steal from it customers. The price charge though is too. Stop. This nonsense#Binnance
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