Funding calculator

Funding collected or paid over the holding period, and as an annual rate.

Fill in the fields above

How it works

Funding is a periodic payment between longs and shorts on perpetual futures. When the rate is positive, longs pay shorts; when negative, the reverse. The payment per interval is notional × rate ÷ 100; over the holding period, multiply by the number of payments. Usually there are three per day (every 8 hours).

Example: notional 1000, rate 0.01% per 8 hours, 3 payments (a day). A long pays 1000 × 0.0001 × 3 = 0.30. Annualized, 0.01% × 1095 ≈ 11% — the cost of holding the long via funding.

This material is for informational purposes only and does not constitute individual investment advice.