currently eth seems to go long and it's in the best time to take trade $ETH

📌Introduction
Many beginners get confused when they see funding fee being added or deducted in Binance Futures.
Some even lose money without understanding why.
In this article, I’ll explain what funding fee is, why it exists, and how it affects traders, in very simple terms.
🔹 What is Funding Fee?
Funding fee is a payment exchanged between traders, not charged by Binance.
It helps keep the Futures price close to the Spot price.
If funding rate is positive → Long traders pay Short traders
If funding rate is negative → Short traders pay Long traders
🔹 When is Funding Fee Charged?
Funding fee is settled every 8 hours:
00:00 UTC
08:00 UTC
16:00 UTC
📌 You only pay or receive funding if your position is open at that time.
🔹 Simple Example
Suppose:
Funding rate = 0.01%
Your position size = ₹50,000
Funding fee = ₹50,000 × 0.01% = ₹5
If you are Long → ₹5 deducted
If you are Short → ₹5 added (if rate is positive)
🔹 Why Funding Fee Matters
High funding fees can reduce profit
Long-term Futures holding becomes costly
Scalpers prefer low funding times
🔹 How Beginners Can Avoid Loss from Funding Fee
Avoid holding Futures for long time
Check funding rate before opening trade
Close position before funding time if needed
Prefer Spot trading if unsure
🔹 Final Thoughts
Funding fee is not a scam, but lack of knowledge can cause losses.
Every Futures trader should understand funding fees before trading seriously.
$BNB
{future}(BNBUSDT)
$ETH
{future}(ETHUSDT)
Eth is the best price to take trade in futures