Perpetuals funding

Funding is collected hourly based on the ratio between longs and shorts, using a daily funding period. 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 mark−index24\text{1h funding} = \text{1h} \space \text{TWAP} \space \frac{mark - index }{24}1h funding=1h TWAP 24mark−index​
where:
​Index price is the price of the underlying asset
​markindex\frac{mark}{index}indexmark​
 is clamped between 0.95 and 1.05

What are Perpetuals

Perpetuals specs

Last modified 1mo ago

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