#OM# Can anyone tell me what this long string of funding means?

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GateUser-2b00a63fvip
· 04-26 11:09
You don't even understand the funding, yet you play contracts.
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SmallBerryvip
· 04-26 07:52
Dear users, hello. The funding rate is set by Gate.io to maintain the balance between the contract price and the underlying asset price, and it usually applies to Perptual Futures. It is a mechanism for the exchange of funds between long and short traders, and the exchange does not charge this fee. It is used to adjust the cost or profit of traders holding contracts, to keep the contract price close to the underlying asset price.
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