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 mark−1h twap index241h \space funding = \frac{1h   \space twap \space  mark - 1h \space twap \space index }{24}1h funding=241h twap mark−1h twap 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

Next - Trading

Power Perpetuals

Last modified 3d ago

Copy link