暖脚大叔
@chuntianran666
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Finally understood how the funding rate is calculated
The replies from the experts really boil down to one sentence; they think they explained it well, but I didn't understand it. After sleeping for a day, I finally figured it out.
First of all, calculating based on leverage is correct, and calculating based on position size is also correct. Below I will explain the process and then get to the point!
First, calculate based on leverage
Taking ETH as an example, with 125x leverage, when opening 1 ETH the margin is 29.31, so the funding rate calculation is 125 * 29.31 * 0.01% = 0.366375.
In other words, different leverage results in different margins. However, when opening 1 ETH, the leverage multiplier * margin is equal to the current market price of 1 ETH.
So some people say to calculate based on position, which means holding a 1 ETH contract at the current price of 3675, the funding rate would be 3675 * 0.01% = 0.3675.
What’s the key point? It’s the percentage sign. I calculated many times and found it to be expensive because I multiplied the price by the funding rate without applying the percentage. On the calculator, after using 3675 * 0.01, you must press the % sign. Only then will it yield the correct funding rate.
The replies from the experts really boil down to one sentence; they think they explained it well, but I didn't understand it. After sleeping for a day, I finally figured it out.
First of all, calculating based on leverage is correct, and calculating based on position size is also correct. Below I will explain the process and then get to the point!
First, calculate based on leverage
Taking ETH as an example, with 125x leverage, when opening 1 ETH the margin is 29.31, so the funding rate calculation is 125 * 29.31 * 0.01% = 0.366375.
In other words, different leverage results in different margins. However, when opening 1 ETH, the leverage multiplier * margin is equal to the current market price of 1 ETH.
So some people say to calculate based on position, which means holding a 1 ETH contract at the current price of 3675, the funding rate would be 3675 * 0.01% = 0.3675.
What’s the key point? It’s the percentage sign. I calculated many times and found it to be expensive because I multiplied the price by the funding rate without applying the percentage. On the calculator, after using 3675 * 0.01, you must press the % sign. Only then will it yield the correct funding rate.
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My position is calculated based on the number of coins. So, can the position you mentioned be understood as coin price * number of holdings?
Seeking a knowledgeable person to explain the calculation of funding rates
I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain
I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day?
So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time.
I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain
I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day?
So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time.
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Seeking a knowledgeable person to explain the calculation of funding rates
I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain
I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day?
So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time.
I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain
I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day?
So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time.
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Go for it! Go for it!
Challenge to break even before the end of the year, already 80U 12 times, recording every day 🙃
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Target 4100
$ETH
Ethereum Analysis
Ethereum just broke through a new high again, reaching 3644. I guess this breakthrough is just to wipe out us bears.
In fact, many people who are currently shorting are already losing patience and want to cut their losses, but the more this happens, the less you should cut. If you cut, it just serves the purpose of the market makers.
How can the market makers keep pushing the price up, allowing those who are long to keep making profits? They take out a wave of bears and then take out a wave of bulls. This market is really tough.
I stand with the bears, and I am also holding my position.
Brothers, I still see a bearish market tonight. The fluctuations this weekend are not small.
Tonight, the support levels for Ethereum look at around 3555, 3538, and 3519.
Often at this time, if you cut your losses, it suddenly drops. They are playing a psychological game because retail investors don't have the same mindset as us. The psychological effect must be strong.
Follow my thinking, and I can basically make profits every day. No one wins all the time in this.
I have many years of real trading experience, having gone through three cycles of bull and bear markets, and five years of contract experience in professional position management. I appreciate little Qin's insights.
$ETH
Ethereum Analysis
Ethereum just broke through a new high again, reaching 3644. I guess this breakthrough is just to wipe out us bears.
In fact, many people who are currently shorting are already losing patience and want to cut their losses, but the more this happens, the less you should cut. If you cut, it just serves the purpose of the market makers.
How can the market makers keep pushing the price up, allowing those who are long to keep making profits? They take out a wave of bears and then take out a wave of bulls. This market is really tough.
I stand with the bears, and I am also holding my position.
Brothers, I still see a bearish market tonight. The fluctuations this weekend are not small.
Tonight, the support levels for Ethereum look at around 3555, 3538, and 3519.
Often at this time, if you cut your losses, it suddenly drops. They are playing a psychological game because retail investors don't have the same mindset as us. The psychological effect must be strong.
Follow my thinking, and I can basically make profits every day. No one wins all the time in this.
I have many years of real trading experience, having gone through three cycles of bull and bear markets, and five years of contract experience in professional position management. I appreciate little Qin's insights.
$ETH
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How to check the transaction fees, after opening a position, where to view the fees deducted for opening and closing positions?
$BTC The handling fee is ridiculously high. I was so excited about the new high that I couldn't help but short the entire position at 125X. Later, I realized that I wanted to cancel the order and open a tenth of the position. This one got me back 5U, and the principal was only 40U, brother
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That will only make Binance earn more of your fees
Can I ask everyone, I am stuck in a short position, can I use T to raise the cost?
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Haha, it's not important, I've been struggling in this market for over ten years.
Go ahead and be grateful to yourself, even after having your kidney taken, you still want to say thank you to others. It was done well, allowing you to experience the taste of having your kidney taken. You can't be just a pure fool, can you?
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It's the last day of 2024, regardless of profit or loss. Let's be grateful for the market; this is also a form of self-cultivation.
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Ha ha, don't worry
As long as everyone is losing money, I can rest assured.
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There are only two days left until 2024 is over. December has been too tough, hoping that 2025 will be better
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Fight again next year
Actually, I just feel like I am the chosen one. At least since 2011, I have been involved in foreign exchange margin trading. This year is the first time I started dealing with cryptocurrency. Besides holding coins, I am also trying out contracts, and today I incurred a loss. How should I put it, my mindset is pretty good, and I haven’t lost motivation because of the loss. I have gotten used to losses over the years. Just sharing a screenshot to record it as the year comes to an end. I hope to make a profit in 2025, and more to show off with screenshots. Thanks to the strangers in the crypto circle for giving a thumbs up $BTC $ETH
Actually, I just feel like I am the chosen one. At least since 2011, I have been involved in foreign exchange margin trading. This year is the first time I started dealing with cryptocurrency. Besides holding coins, I am also trying out contracts, and today I incurred a loss. How should I put it, my mindset is pretty good, and I haven’t lost motivation because of the loss. I have gotten used to losses over the years. Just sharing a screenshot to record it as the year comes to an end. I hope to make a profit in 2025, and more to show off with screenshots. Thanks to the strangers in the crypto circle for giving a thumbs up $BTC $ETH
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Vent a little, say something that everyone might not want to hear. You see, the money earned by luck will ultimately be lost because of your understanding. Too many people only know about getting rich overnight and the 10u war god. They don't realize that perhaps that is a one in ten thousand or even a million chance. If you only rely on your own many long and short trades, there will definitely be times when you can profit from your work, but most of the time. You watch the prices rise and fall. Yet when you operate in the opposite direction, the outcome of failure is already determined. You heard right, you can know the prices are rising and falling. You can choose to do the opposite, that moment is when you haven't been liquidated or stopped out yet, but your failure is already destined.
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Can I still recommend after the contract has been activated?
Brothers, those who trade frequently can use my rebate, absolutely the highest reliable weekly rebate.
Invitation code: NSMFJFKS
Invitation code: NSMFJFKS
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Please help me predict whether cati has a future? I don't do contracts, just hold some spot. But this cati feels a bit like a frog in slowly boiling water......#Catizen
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$TON Some people say that the founder of Telegram was arrested? Is it true or not? Is this the reason for the decline of ton?
1
Trading USDT, freezing your card and getting involved in a criminal case are just one step away
Players in the cryptocurrency circle all know that if they receive stolen money from buying and selling virtual currency USDT, their bank cards will be frozen, and some even involve criminal offenses. But do you know under what circumstances will it involve criminal offenses if USDT trading cards are frozen?
If it is to constitute a criminal offense, it needs to be consistent with the subjective and objective factors, that is, objectively receiving the stolen money and freezing the card, and subjectively knowing it. Therefore, after receiving the stolen money and freezing the card when trading virtual currency, it is only one step away from committing a criminal offense. The key to judging whether you are guilty lies in whether you are subjectively aware of it, whether you know that the other party uses the information network to commit crimes (crime of aiding and abetting), and whether you know that the other party’s funds are funds for telecom fraud (crime of concealment). Once there is evidence to prove or presume that you are subjectively aware of it, you will constitute a criminal offense. If you are not subjectively aware, you will be excluded from criminal suspicion. So, under what circumstances will knowledge be presumed?
If it is to constitute a criminal offense, it needs to be consistent with the subjective and objective factors, that is, objectively receiving the stolen money and freezing the card, and subjectively knowing it. Therefore, after receiving the stolen money and freezing the card when trading virtual currency, it is only one step away from committing a criminal offense. The key to judging whether you are guilty lies in whether you are subjectively aware of it, whether you know that the other party uses the information network to commit crimes (crime of aiding and abetting), and whether you know that the other party’s funds are funds for telecom fraud (crime of concealment). Once there is evidence to prove or presume that you are subjectively aware of it, you will constitute a criminal offense. If you are not subjectively aware, you will be excluded from criminal suspicion. So, under what circumstances will knowledge be presumed?
1
Detailed tutorial on redeeming BTCB pledged by BounceBit (BB)
Many people asked me today how to redeem BTCB pledged by BounceBit (BB)? It’s very simple, just start the tutorial:
① Enter BounceBit and click Connect Wallet to connect your wallet.
②Click to connect Binance Web3 wallet
③ Select Request, then click Max for the amount, which is the total amount we pledge, for example 0.0001, and finally click Request Withdrawal
④Click to confirm the authorization contract interaction
Wait for the following success notification to appear
Then we have to wait for 4 to 18 days before we can enter BounceBit and click Claim to redeem the pledged BTCB.
① Enter BounceBit and click Connect Wallet to connect your wallet.
②Click to connect Binance Web3 wallet
③ Select Request, then click Max for the amount, which is the total amount we pledge, for example 0.0001, and finally click Request Withdrawal
④Click to confirm the authorization contract interaction
Wait for the following success notification to appear
Then we have to wait for 4 to 18 days before we can enter BounceBit and click Claim to redeem the pledged BTCB.
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