Funding Fee & Claim

Funding Fee Mechanism

  • Adaptive Funding: Rates adjust gradually to balance long/short ratio

  • Payment Direction:

    • Longs > shorts → longs pay shorts

    • Shorts > longs → shorts pay longs

  • Rate Adjustment:

    • Gradually increases when imbalanced

    • Stops at upper limit or when balanced

    • Reverses direction if imbalance flips

  • Real-Time Rates: Displayed per hour in interface and stats page

Claiming Funding

  • Positive Funding: Accumulates as claimable balance

  • Claim Process: Click "Claim" button in "Claimable Funding" box on Trade page

  • Frequency: Claim anytime, no restrictions

  • Payment Token: Same as position collateral

Arbitrage Opportunities

  • High Funding Scenarios:

    • Open opposite position to collect funding

    • Delta-neutral strategies with same-token collateral

    • Example: Long position > shorts → short ETH with ETH collateral

  • Considerations: Funding tends toward zero as pool balances

Last updated