Is the funding fee in KuCoin futures the same for all digital currencies?
stasci1Dec 26, 2021 · 3 years ago3 answers
Can you explain if the funding fee in KuCoin futures is consistent across all digital currencies?
3 answers
- Dec 26, 2021 · 3 years agoYes, the funding fee in KuCoin futures is the same for all digital currencies. This fee is a mechanism used to ensure the perpetual contract price closely tracks the spot market price. It is charged every 8 hours and is calculated based on the funding rate. The funding rate is determined by the interest rate difference between long and short positions. So, regardless of the digital currency you are trading, the funding fee will be the same.
- Dec 26, 2021 · 3 years agoNo, the funding fee in KuCoin futures varies for different digital currencies. The fee is determined by the market demand and supply for each specific digital currency. Highly volatile or less liquid digital currencies may have a higher funding fee compared to more stable and liquid ones. It is important to check the funding fee for each digital currency before trading in KuCoin futures.
- Dec 26, 2021 · 3 years agoThe funding fee in KuCoin futures is the same for all digital currencies. This ensures a fair and consistent trading experience for all users. However, it's worth noting that the funding fee may change over time due to market conditions and liquidity. It's always a good idea to stay updated with the latest fee rates before making any trading decisions.
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