CoinDCX

Funding Rate Update | CoinDCX Futures | August 24, 2023

Dear Community,

Please find the funding intervals for all the listed pairs on CoinDCX Futures as of 24th August 12:00 PM IST.

Pair Funding Interval (In hours)
BLZUSDT 4H
APEUSDT 8H
BTCUSDT 8H
XRPUSDT 8H
LTCUSDT 8H
CYBERUSDT 8H
BNBUSDT 8H
1000PEPEUSDT 8H
1000SHIBUSDT 8H
1INCHUSDT 8H
AAVEUSDT 8H
ACHUSDT 8H
ADAUSDT 8H
ANKRUSDT 8H
API3USDT 8H
APTUSDT 8H
ARBUSDT 8H
ARKMUSDT 8H
ARPAUSDT 8H
ATOMUSDT 8H
AUDIOUSDT 8H
AVAXUSDT 8H
BCHUSDT 8H
BELUSDT 8H
BNTUSDT 8H
BTCBUSD 8H
C98USDT 8H
CELOUSDT 8H
CFXUSDT 8H
CHZUSDT 8H
COMPUSDT 8H
CRVUSDT 8H
DOGEUSDT 8H
DOTUSDT 8H
DYDXUSDT 8H
EDUUSDT 8H
EOSUSDT 8H
ETCUSDT 8H
ETHBUSD 8H
ETHUSDT 8H
FETUSDT 8H
FILUSDT 8H
FLMUSDT 8H
FLOWUSDT 8H
FTMUSDT 8H
GALAUSDT 8H
GMTUSDT 8H
GRTUSDT 8H
ICXUSDT 8H
IMXUSDT 8H
INJUSDT 8H
JASMYUSDT 8H
KEYUSDT 8H
KLAYUSDT 8H
KNCUSDT 8H
LDOUSDT 8H
LEVERUSDT 8H
LINAUSDT 8H
LINKUSDT 8H
LRCUSDT 8H
MAGICUSDT 8H
MANAUSDT 8H
MASKUSDT 8H
MATICUSDT 8H
MKRUSDT 8H
MTLUSDT 8H
NEARUSDT 8H
OGNUSDT 8H
OPUSDT 8H
OXTUSDT 8H
PENDLEUSDT 8H
QTUMUSDT 8H
RNDRUSDT 8H
RUNEUSDT 8H
SANDUSDT 8H
SEIUSDT 8H
SOLUSDT 8H
STMXUSDT 8H
STXUSDT 8H
SUIUSDT 8H
SXPUSDT 8H
TOMOUSDT 8H
TRXUSDT 8H
UNIUSDT 8H
USDCUSDT 8H
WLDUSDT 8H
XLMUSDT 8H
XVGUSDT 8H
YFIUSDT 8H
YGGUSDT 8H

Funding:

 

  1. Fundings are periodic payments exchanged between the buyer and seller every 8 hours. If the rate is positive, then longs will pay and shorts will receive the rate, and vice versa if the rate is negative. It brings the price of the perpetual contract back to the spot.
  2. When the Funding Rate is positive (perpetual contract trades at a premium to spot), longs pay shorts. When it is negative (perpetual contract trades at discount to spot), shorts pay longs.
  3. Your position value is irrespective of leverage. For example, if you hold 100 BTC-USDT contracts, funding is charged/received on the notional value of those contracts, and is not based on how much margin you have assigned to the position..

    Note: CoinDCX doesn’t charge any funding fees from its users. There is no interest rate on keeping the position open indefinitely in perpetuity. The payments are directly interchanged between the buyer and the seller.

For any additional information around –

  • What is the Funding Rate?
  • Calculation of the funding
  • Real-time data
  • Historical data

Please visit the link.

Regards,

Team CoinDCX

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