What is the current funding rate on KuCoin for digital currencies?

3 answers

• Dec 16, 2021 · 3 years ago
  The current funding rate on KuCoin for digital currencies is a mechanism used to balance the supply and demand of funding in perpetual contracts. It is calculated based on the interest rate difference between long and short positions. When the funding rate is positive, long positions pay funding to short positions, and when it is negative, short positions pay funding to long positions. This rate is typically updated every 8 hours and can have an impact on traders' positions and strategies.
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• Dec 16, 2021 · 3 years ago
  The funding rate on KuCoin for digital currencies is an important factor to consider when trading perpetual contracts. It is determined by the market and can fluctuate based on the interest rate differential between long and short positions. Traders should be aware of the funding rate as it can affect the cost of holding positions overnight. It's always a good idea to stay updated on the current funding rate to make informed trading decisions.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, provides real-time information on the funding rate for digital currencies on KuCoin. Traders can access this information on the BYDFi platform to stay informed about the current funding rate and its impact on trading activities. It is important to note that the funding rate can vary across different digital currency exchanges, so it's recommended to check the specific rates on KuCoin for accurate information.
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