[Guide] Funding rates fully explained

If you're new to perps, funding is confusing. Here it is. - Perps stay pinned to spot via periodic payments between longs and shorts. That's funding. - Positive = longs pay shorts (overheated). Negative = shorts pay longs. - Often settled every 8h. Hold long enough and it adds up. Tip: funding + trading fees = your true cost. That's why a fee rebate matters more the longer you hold.