How can I calculate the funding fee in KuCoin for my digital currency trades?

3 answers

• Dugan LundsgaardNov 25, 2021 · 4 years ago
  Sure! Calculating the funding fee in KuCoin is quite simple. The funding fee is calculated based on the size of your position and the funding rate. The funding rate is determined by the market and can vary over time. To calculate the funding fee, you can use the following formula: Funding Fee = Position Size * Funding Rate. For example, if you have a position size of 1 BTC and the funding rate is 0.01%, the funding fee would be 0.0001 BTC. Keep in mind that the funding fee is typically charged every 8 hours on KuCoin.
  523

  262
• Sandip SahishJan 19, 2023 · 3 years ago
  Calculating the funding fee on KuCoin is a piece of cake! All you need to do is multiply your position size by the funding rate. The funding rate is set by the market and can change periodically. Let's say you have a position size of 10 ETH and the funding rate is 0.05%, then the funding fee would be 0.005 ETH. Remember, the funding fee is usually charged every 8 hours on KuCoin.
  382

  128
• phpongoAug 05, 2022 · 3 years ago
  When it comes to calculating the funding fee in KuCoin, it's important to understand that it is based on the size of your position and the funding rate. The funding rate is determined by the market and can fluctuate. To calculate the funding fee, you simply multiply your position size by the funding rate. For instance, if you have a position size of 1000 USDT and the funding rate is 0.02%, the funding fee would be 0.2 USDT. It's worth noting that the funding fee is typically charged every 8 hours on KuCoin. Hope that helps!
  529

  133