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Crypto JK
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🚀 03-30-2023 14:15 GMT+10
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Crypto JK
@therealcryptojk
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Starting now, I'll only be dropping charts and my significant bias on it, no more heavy explanations because a lot of naysayers and know-it-all don't even read my lengthy posts, so I'm just wasting time on you. All my chart explanations will be dropped inside the Endurance Hall.
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$ZEC H1 Bullish Idea.
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WHAT IS FUNDING FEES IN FUTURES TRADING? Ever wondered how perpetual futures stay aligned with the spot market price? Enter the FUNDING FEES! How it works? Funding fee is a periodic payment between long and short position holders, based on the funding rate. - If the funding rate is positive, longs pay shorts. - If the rate is negative, shorts pay longs. When is it charged? It happens every 8 hours (or as per your exchange’s interval). The fee is either deducted from your futures wallet or added to it, depending on your position. Example... You hold a $10,000 long position. - If the funding rate is 0.01%, you'll pay $1. - If it's negative, you'll earn $1 instead. ⚠️ PRO TIP: Always keep an eye on the funding rate in your futures trading dashboard. It directly impacts your PNL. Boost your trading knowledge and dominate the market with Crypto JK!🥷
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$BICO H4 Bearish Idea.
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#VANA_1 and #UXLINK_4 funding fees for this round, dropped trades 116 & 117 inside the ENDURANCE HALL. That's a pretty decent treat right there, I couldn't ask for more.
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