the rules / funding rate (beta)
docs / the rules / funding rate (beta)

Funding rate (beta)

A small daily charge for holding a position, instead of trading fees.

How it works

We don’t charge trading fees or mark up the spread. Instead, open positions pay a small rate for as long as you hold them: 0.03% a day of the position size. $2,000 at 10× is a $20,000 position, so that’s $6 a day.

If a sector gets crowded on one side, that side pays more, up to 3× when everyone is on it. The other side always pays the normal rate.

Sector leanCrowded side pays, a day
Up to 60/400.030%
70/300.045%
80/200.060%
90/100.075%
100/00.090%
over.computerPerps / funding rate · betaFunding rate by sector lean80/20lean0.060%a day crowded (2.00×)0.030%lighthover or drag to readLight sideCrowded sideno surcharge0.00%0.02%0.04%0.06%0.08%0.10%50/5060/4070/3080/2090/10100/0Crowded sideLight side
  • You see the rate and the cost per day on the ticket before you trade.
  • It counts against your balance while the trade is open, so it uses up a little of your room to the floor.
  • A sector only counts as crowded when at least 2 missions are in it.
  • Funding goes to Over, not to other traders.

It’s in beta. These rates stay the same for the whole of your mission.