<div> 
 <div class="ace-line ace-line old-record-id-OvbpdeVLvohpyuxUdZLl5gPJgTf">
   The funding rate aims to ensure that the transaction price of the perpetual contract closely follows the underlying reference price, through the regular exchange of funding fees between the long and short sides. 
 </div> 
 <div class="ace-line ace-line old-record-id-OvbpdeVLvohpyuxUdZLl5gPJgTf"> 
  <img src="https://img.bgstatic.com/multiLang/web/6e9ed0127d27599f45b292602122958f.png"> 
 </div> 
</div>

How to open a position?

Understand the purpose and mechanism of funding rates in perpetual contracts, where periodic payments between long and short positions help align the contract p

About the funding rate