Perpetuals funding
Funding is collected hourly based on the ratio between longs and shorts. It is calculated using a difference between an hourly TWAP of mark price and an hourly TWAP of the index price, normalized over 24 hours.
1h funding=1h twap mark1h twap index241h \space funding = \frac{1h \space twap \space mark - 1h \space twap \space index }{24}
where:
  • Index price is the price of the underlying asset
  • markindex\frac{mark}{index}
    is clamped between 0.95 and 1.05
Last modified 3d ago
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