What does holding this position cost in funding?
Funding is charged every hour, so the number that looks negligible per hour is the number that decides whether a multi-day position is viable. Live rates read at 8 Sept 2026, 18:17 UTC.
Over the period — negative means you receive it
Per day — at the current rate
Annualised rate — if the rate held all year
Per hour — charged every hour
Share of position over the whole period
Rate cap — the documented maximum per hour
Questions
- Is funding a fee?
- No. It is a payment between long and short holders that keeps the perpetual price near the underlying. The exchange takes none of it, and it can pay you rather than cost you.
- How often is it charged?
- Every hour, at one eighth of the computed eight-hour rate. That is more frequent than the eight-hour cycle used by most centralised venues.
- Will the current rate persist?
- Almost certainly not. Funding moves with positioning and can flip sign. Treat any projection beyond a few hours as a scenario rather than a forecast.