What is funding fee?
By: WEEX_Winnie
|
2022/12/13 15:27:30
0

Dear WEEXers,

The funding fee is a handling fee similar have an overnight position price. WEEX does not charge any funding fee. Instead, it is exchanged between users. You can check the upcoming funding rate settlement under [Futures Information] in the futures trading menu (accessible via the [...] icon).

 

The funding fee you receive or pay is calculated as follows:

Funding fee = funding rate x position value

The value of your position has nothing to do with leverage and is also not based on how much position margin you have.

Futures position value = futures face value x conts x latest mark price

https://weexsupport.zendesk.com/hc/zh-cn/articles/4417913395481-WEEX%E5%90%88%E7%BA%A6-%E8%B5%84%E9%87%91%E8%B4%B9%E7%94%A8

Thank you for your support of WEEX!

 

WEEX Team

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Enjoy trading on WEEX.

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