Why Was I Charged, or Why Did I Receive, a Funding Fee on Crypto Futures?
Funding is exchanged between long and short holders every 8 hours, and you pay or receive it only if your position is open at settlement. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs. It isn't a trading fee and doesn't go to Pluang. To avoid it, close before the next settlement.
| Symptom / Condition | Possible Cause | Solution |
|---|---|---|
| A funding fee was deducted from your position | Your position was open at a funding settlement, on the side that pays. With a positive rate, longs pay shorts; with a negative rate, shorts pay longs. | This is expected, not an error. To avoid paying funding, close the position before the next settlement. The countdown on each contract shows when it is. |
| You received a funding payment | Your position was open at settlement, on the side that receives funding. | No action is needed. Funding you receive is recorded in Realised P&L. |
| You can't find the funding fee among your trading fees | Funding isn't a trading fee and isn't paid to Pluang. It is exchanged between long and short holders. | Check Realised P&L, where funding is recorded. |
| The margin on your Isolated position went down without a trade | On Isolated margin, funding is paid from the position's own margin. | Watch that position's margin level. A large funding payment can push an Isolated position towards liquidation, so add margin to that position if needed. |
| You were charged funding just before you closed the position | The position was still open at the settlement moment, even if you closed it shortly afterwards. | Funding applies to any position open at settlement. Check the countdown on the contract before you decide when to close. |
If the issue persists:
If a funding amount in your Realised P&L doesn't match the position you held at settlement, contact Pluang Care via live chat in the app or email tanya@pluang.com with the contract name and the time of the funding settlement.
Related questions:
Q: How often is funding exchanged?
Every 8 hours. Each contract shows a countdown to its next funding settlement, and you pay or receive funding only if your position is open at that moment.
Q: Does Pluang earn the funding fee?
No. Funding is exchanged between long and short holders. It isn't a trading fee, and it isn't paid to Pluang.
Q: Where can I see funding I paid or received?
Funding you pay or receive is recorded in Realised P&L, not in your trading fees.
Q: Do TP/SL orders affect funding?
No. TP/SL orders don't affect funding fees. Funding depends on your open position at settlement, not on any TP/SL attached to it.