Updated at the beginning of every trade, this funding rate represents a per second rate of change in the Pool’s balance between longs and shorts.
Traders receive an
Entry Funding Rate and an
Exit Funding Rate to calculate the accrued funding fee or rebate paid to and from the Pool when closing a position.
paya funding fee. Inversely, the trader in the minority the entire time they hold a position would
receivefunding as a rebate.
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