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Funding occurs every 8 hours at 8:00, 16:00, and 24:00 UTC.
You will only pay or receive funding if you hold a position at one of these times.
Your paid/received funding is calculated as follows:
Funding = Position Value * Funding Rate
|Date||Theoretical Funding Rate()||Actual Funding Rate() |
If the fundings in a user's account funds are insufficient to pay the fees, the actual funding rate may be lower than the estimated funding rate. Therefore, the funding of the recipient will be calculated according to the actual funding rate.