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🟢What is funding in crypto trading?
In cryptocurrencies, funding refers to the funding rate that is redistributed among traders holding positions in perpetual futures.
Funding is a periodic payment/write-off for traders with open positions in perpetual futures, which allows them to compensate for the long-term difference between the price of the underlying asset and the derivative contract.
The need for funding arose from the idea of ​​perpetual futures, which have no maturity and can be held indefinitely. Therefore, to compensate for the difference in the price of the asset and the contract, a financing rate mechanism was launched.
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