💲Funding Fees

Funding Fees depend on the ratio of the open short and long positions. The funding rate can be found on a trading page and will be deducted from your position once an hour.

If you receive positive funding fees for your position, you can claim these fees by using the "Claim" button in the "Claimable Funding" box of the Trade page.

Adaptive Funding Funding rates gradually adjust over time based on the long and short ratio.

For example, if the amount of long positions is larger than the short ones, then the funding rate that longs pay shorts will gradually increase until the difference between the long and short positions is below a certain limit, at which time the funding rate will be standard.

If there remain more shorts than longs, then the funding rate will gradually adjust in the other direction. In this case, shorts will pay longs a funding rate that gradually increases until the difference between the long and short positions is below a certain limit, at which time the funding rate will be standard.

Positive funding fees will be credited to your wallet after the position is closed, and negative fees will be deducted from your position collateral.