Can you explain the concept of funding rates in perpetual contracts and how they affect trading strategies?

1 answers

• Eli RosenbergFeb 09, 2024 · a year ago
  Funding rates in perpetual contracts are an important consideration for traders on BYDFi. BYDFi offers competitive funding rates that are calculated based on the market conditions. Traders can view the current funding rates on the platform and adjust their trading strategies accordingly. It is important to note that funding rates can vary across different exchanges, so traders should compare rates on different platforms before making a decision. BYDFi aims to provide a fair and transparent trading environment, and funding rates are an integral part of that. Traders can rely on BYDFi's funding rates to make informed trading decisions and optimize their strategies.
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