Are there any fees associated with shorting on Kucoin Futures?

3 answers

• Helbo LoweFeb 02, 2021 · 5 years ago
  Yes, there are fees associated with shorting on Kucoin Futures. When you open a short position, you will be charged a funding fee. This fee is based on the size of your position and the funding rate. The funding rate is determined by the market and can vary over time. It is important to consider these fees when planning your short trades on Kucoin Futures.
  358

  179
• Jeya20 KumarSep 07, 2024 · 2 years ago
  Shorting on Kucoin Futures does come with fees. The funding fee is calculated based on the size of your position and the funding rate. This fee is deducted from your account balance periodically. It's important to keep in mind that the funding rate can change, so it's a good idea to stay updated on the current rates before entering a short position.
  351

  117
• kdrgllrJul 07, 2023 · 3 years ago
  Shorting on Kucoin Futures does involve fees. When you open a short position, you will be charged a funding fee. This fee is used to pay long traders who provide liquidity to the market. The funding fee is calculated based on the size of your position and the funding rate. It's important to consider these fees when planning your short trades on Kucoin Futures. Please note that this answer is provided from a third-party perspective and not from BYDFi.
  454

  114