2025-06-02 03:54:42

#POKT Contract Spot difference is so large, what does it mean? Please explain it clearly.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
2
Repost
Share

Comment

0/400

coin_winner

· 2025-06-02 06:23

This is a perpetual contract transaction, when you go long if the price increases then you profit, conversely when you short if the contract price falls you will profit. The funding fee is the rate to balance the contract price approaching the spot price. funding fee = ( (contract price - spot price ) / spot price ) * 100. When the rate is negative then the short position has to pay the long position, conversely if it is positive then the long has to pay the short.

View OriginalReply0

GateUser-7fd61139