English 
BINANCE FUTURES FUNDING FEE
“A topic that has recently attracted significant attention among cryptocurrency investors is the ‘Funding Fee.’ What is it, at what times is it charged, how is it calculated, what is its purpose, and who receives it? Let’s look at all these details together.”
What is Funding Fee?
The funding fee is a charge paid for open positions in leveraged trading.
What is the purpose of the funding fee?
The purpose of this fee is to balance the difference between futures prices and spot market prices.
What are the funding fee hours?
00:00 (UTC)
08:00 (UTC)
16:00 (UTC)
The funding fee is charged or paid every 8 hours, three times a day. If you have an open position during these times, depending on your position direction and the current funding rate, you may be charged a fee or receive a payment.
Who is the funding fee paid to?
The fee is paid from investor to investor, not to exchanges like Binance (from long positions to short positions or vice versa).
Where can we see the funding fee?
We can see it at the top left, where there is an arrow icon, when we open a position.
How is the funding fee calculated?
The funding fee is calculated based on the size of your open position (position value) and the current funding rate. Here’s the formula:
Funding Fee = Position Size × Funding Rate
FOR EXAMPLE:
If you have a balance of 100 USDT and open a position using 10x leverage,
Your position size will be:
100 × 10 = 1,000 USDT
Funding rate: 0.01% (or 0.0001 as a decimal)
Funding Fee = 1,000 × 0.0001 = 0.10 USDT
This means that when the funding time comes, you either pay or earn 0.10 USDT for this position.
Who pays and who receives this fee?
If the funding rate is positive: Long position holders pay, short position holders receive.
If the funding rate is negative: Short position holders pay, long position holders receive.
