If you are in the cryptocurrency circle and still can't find the normal state of profitability, you might as well learn the most popular way to make money in the cryptocurrency circle, Web3, basic teaching, so that you can bid farewell to your novice status and become a cryptocurrency master (Part 2)
What is the perpetual contract element funding rate?
This is a special term generated with the perpetual contract. In order to make the price of the contract model the price of the spot, there is a price difference between futures and spot. We now predict that apples will be 90 yuan each in ten days, but in fact, apples will be 100 yuan each on that day, and there will be a price difference. The exchange will use the funding rate to make the futures and spot prices close to a, and whether you make money or lose money depends on this funding rate and your position. When the funding rate is positive, long positions will pay funding fees, and short positions will charge funding fees, that is, long positions will pay rice to short positions. When the funding rate is negative, long positions will charge funding fees, that is, short positions will pay rice to long positions.
As for what the funding rate is? You don't have to calculate it yourself, the trading platform will display it in real time, just go and see it
Then there is the handling fee. The exchange will charge money, and the handling fee is charged. Whether you sell or buy, it will be charged. It is a two-way charge, that is, you have to pay two handling fees for a complete transaction. The larger the transaction amount and the more transactions, the higher the handling fee. So don't think that the handling fee is less than 50,000, but the accumulated handling fee is really a terrible fee, especially when you open leverage, because it is based on your actual operation, not your actual pot of gold
Some people say that contracts are the fastest way to accumulate capital with small funds!
Some people also say that those who play contracts are gambling dogs
Originally, the currency circle is a place to get into the mentality
Playing contracts is simply a big explosion
To get into the mentality, you can look at the contract master
The real excellence is not in the technical indicators
But in the definition of mentality and position management!
Follow me and take you to the currency circle!