Dear WEEXers,
The funding fee is a handling fee similar have an overnight position price. WEEX does not charge any funding fee. Instead, it is exchanged between users. You can check the upcoming funding rate settlement under [Futures Information] in the futures trading menu (accessible via the [...] icon).
The funding fee you receive or pay is calculated as follows:
Funding fee = funding rate x position value
The value of your position has nothing to do with leverage and is also not based on how much position margin you have.
Futures position value = futures face value x conts x latest mark price
https://weexsupport.zendesk.com/hc/zh-cn/articles/4417913395481-WEEX%E5%90%88%E7%BA%A6-%E8%B5%84%E9%87%91%E8%B4%B9%E7%94%A8
Thank you for your support of WEEX!
WEEX Team
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