2023-09-15 16:15:20

This fucking funding fee. It's a shame. The exchange is a real dog.

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Batu

· 2023-09-17 17:31

Awesome, slowly pulling it back

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XiaoYi

· 2023-09-15 16:23

Hello, funding fees are paid to each other by both long and short parties to balance the contract price. If the contract market price is too much higher than the spot price, the funding rate is positive, and the longs pay to the shorts; if the contract market price is too much lower than the spot price, the funding rate is negative, and the shorts need to pay to the longs. Funding fees are paid or collected between long and short contract users and are not paid to the Gate.io platform, and the platform will not withdraw any fees. Please take a look at this explanation of funding fees. https://www.gateex.cc/en/help/futures/futures_logic/27569/funding-rate-and-funding-fee

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FanLi_sGuess

· 2023-09-15 16:17

If you buy too much, the funding fee will be over a thousand yuan.

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