When funding is positive, longs typically pay shorts (and vice versa when negative). Over days, funding can dominate short-term P&L on high leverage.
Estimate funding P&L separately from price P&L so you know what the position costs to hold.
A periodic payment between long and short traders on perpetual futures that keeps the contract near spot.
When funding is positive, longs typically pay shorts (and vice versa when negative). Over days, funding can dominate short-term P&L on high leverage.
Estimate funding P&L separately from price P&L so you know what the position costs to hold.
Updated 2026-09-09. Educational only — not financial advice. All terms