Funding Fees are payments made directly between traders holding Long and Short positions. They are calculated based on the Funding Rate, which helps maintain price balance in Crypto Futures contracts.
Under normal market conditions, the Funding Rate typically ranges from -0.01% to 0.05%, but may increase during periods of high market volatility. Funding Fees are settled every 8 hours, at approximately 07:00, 15:00, and 23:00 WIB. Funding Fees are paid directly between traders, and Pluang does not receive any portion of these payments.
Learn more about Funding Rates here