CoinEx | The Funding Fee of Futures Contracts: A Must-know Concept for Controlling the Gap Between Spot Price and Contract price

Funding Fee= Position Value * Funding Rate

Funding Rate = Clamp (MA (((Impact Bid Price + Impact Mark Price) / 2-Spot Price) / Spot Price-Interest), a, b)

*Currently, Interest is 0.
*a=-0.375%, b=0.375%
* Impact Bid Price = the average price of “Impact Margin Amount” for bidders
* Impact Mark Price = the average price of the “Impact Margin Amount” for sellers
* “Impact Margin Notional” refers to the total amount of the order book.

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