Funding Rate ni Nini katika Crypto

Na Alexander Bennett  ·  Imesasishwa June 5, 2026

Jinsi funding rate inavyofanya kazi

Funding rate ni malipo ya mara kwa mara kati ya wamiliki wa long na short wa kandarasi ya perpetual, utaratibu unaoweka bei ya perp imefungwa kwa bei ya spot. Perp inapouzwa juu ya spot, longs hulipa shorts; inapouzwa chini, shorts hulipa longs. Hutozwa kila saa chache nayo ni gharama, au kipato cha mara kwa mara, cha kushikilia nafasi ya perp ya leverage kwa muda.

Mfano wa vitendo

Perp inauzwa juu kidogo ya spot kwa sababu wafanyabiashara wako long kwa nguvu. Funding rate inakuwa chanya, tuseme 0.01% kila saa nane, inayolipwa na longs kwa shorts. Shikilia long ya $10,000 katika kipindi hicho na unalipa takriban $1; katika vipindi vingi kwenye soko la moto, funding inaweza kuwa mzigo mkubwa. Kiwango hasi sana humaanisha shorts wamesongamana na wanalipa longs badala yake.

Funding kama ishara kwenye Volity

Zaidi ya gharama yake, funding rate hufichua mpangilio wa soko: funding chanya ya juu inayoendelea huashiria longs zilizosongamana, mpangilio unaoweza kufunguka kwa nguvu. Kwenye Volity, kama unafanya biashara ya mwelekeo wa crypto kupitia CFDs unaepuka utaratibu wa funding wa perp kabisa, lakini kusoma funding kwenye perps kwingineko ni kipimo cha manufaa cha kama umati uko upande mmoja kwa hatari.

Kwa nini ni muhimu

Funding rate ni gharama halisi ya kushikilia na ishara ya mpangilio wa umati, hivyo kuipuuza humaanisha kulipa kushikilia nafasi iliyonyooshwa na kukosa onyo wazi la biashara iliyosongamana. Isome kabla ya kushikilia perp. Yanayohusiana: kandarasi ya perpetual na ufadhili wa usiku.

Jifunze zaidi katika mwongozo wetu wa biashara ya crypto.

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