> For the complete documentation index, see [llms.txt](https://docs.bean.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bean.exchange/trading-perp/fees/funding-fee-and-claim.md).

# 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