How are funding payments calculated?

The funding payment calculation:

Formula: Funding Payment = Funding Rate × Open Position Quantity × Contract Multiplier × Futures Mark Price × -1

Example:

If you hold 1 nano Bitcoin (BIP) long position with:

  • Funding rate: +0.010%
  • Mark price: $100,000
  • Contract size: 0.01 BTC

Funding debit = $1.00 (0.010% x 1 contract × 0.01 × $100,000 x -1)

While funding is calculated hourly, funding debits and credits are processed once daily.

Important:

  • Funding amounts are applied to your account separately.
  • They do not affect variation margin.
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