How can I calculate the funding rate for a specific cryptocurrency on Binance?

3 answers

• Barron RandolphApr 01, 2023 · 2 years ago
  To calculate the funding rate for a specific cryptocurrency on Binance, you can use the following formula: Funding Rate = (Funding Rate Value / Funding Interval) * 100. The Funding Rate Value is the funding rate value provided by Binance, and the Funding Interval is the time interval between funding rate updates. By plugging in these values, you can easily calculate the funding rate for the cryptocurrency you're interested in. Happy trading!
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• Shakti KumarbiswokarmaFeb 08, 2021 · 4 years ago
  Calculating the funding rate for a specific cryptocurrency on Binance is quite simple. You just need to divide the funding rate value by the funding interval and then multiply it by 100. This will give you the funding rate percentage. Keep in mind that the funding rate is updated periodically, so make sure to check for the latest values on Binance. Good luck with your trading endeavors!
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• Javed AhmadAug 05, 2023 · 2 years ago
  If you're looking to calculate the funding rate for a specific cryptocurrency on Binance, you can use the formula: Funding Rate = (Funding Rate Value / Funding Interval) * 100. This formula takes into account the funding rate value provided by Binance and the time interval between funding rate updates. It's important to note that the funding rate can vary depending on market conditions, so it's always a good idea to stay updated with the latest information. If you have any further questions, feel free to ask!
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