If perpetual contracts are held without selling, or not sold, will there be fees?
There is a funding rate in perpetual contracts.
It is generally displayed at the top right corner of the order book.
The default is positive 0.01%, and it is adjusted according to the long and short ratio at any time.
The funding rate is settled three times a day, at 0:00, 8:00, and 16:00.
Positions will only be settled at the time of settlement.
If the funding rate is positive, holding a long position pays money, while holding a short position receives money.
If the funding rate is negative, holding a short position pays money, while holding a long position receives money.
The funding fee is mutually given by the long and short players in the market.
The calculation method for the funding fee: position value × funding rate.
If you intend to hold for the long term, the funding fee is also a considerable expense.
