If perpetual contracts are held without selling, will there be fees?
In perpetual contracts, there is a funding rate
Usually displayed at the top right of the order book
Default is positive 0.01%, adjusted based on the on-site long-short ratio
The funding rate is settled three times a day, at 00:00, 08:00, and 16:00
Positions must be held at the settlement times to be settled
If the funding rate is positive, holding long positions pays out, while short positions receive money
If the funding rate is negative, holding short positions pays out, while long positions receive money
The funding fee is paid between on-site long and short players
Calculation of the funding fee: Position value × Funding rate
If you plan to hold long-term, the funding fee can also be a significant expense