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Funding Cost

Funding costs are paid at position close/expiration for the duration of the position.

Formula

FundingCost=FBFRSPMPFundingCost=FBFRSPMPFunding Cost = FB * FR * S * P * MPFundingCost=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