Funding Cost

Funding cost is paid at position close/expiration for the duration of the position.

Formula

FundingCost=FBFRSPMPFunding Cost = FB * FR * S * P * MP

Variable

Definition

FB

Funding Blocks (number of blocks the position was open for)

FR

Funding Rate (set when generating the Futures Contract)

S

Position Size

P

Price

MP

Multiplier (set when generating a Futures Contract)

Funding Blocks count starting from the latest funding period commencement