Is there a time limit for keeping a position open on Bybit?

3 answers

• Ronda GunterNov 05, 2021 · 4 years ago
  Yes, there is a time limit for keeping a position open on Bybit. Bybit has a funding fee mechanism that is charged every 8 hours for perpetual contracts. If you hold a position open for a long time, the funding fee can accumulate and affect your overall profitability. It's important to consider the funding fee when deciding to keep a position open for an extended period.
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• ailurusNov 20, 2023 · 2 years ago
  There is indeed a time limit for keeping a position open on Bybit. Bybit's funding fee is designed to ensure fair trading and prevent manipulation. The funding fee is charged every 8 hours and is based on the funding rate, which is determined by the market. If you hold a position open for a long time, the funding fee can have a significant impact on your trading costs. It's essential to factor in the funding fee when managing your positions on Bybit.
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• AntoTripNov 19, 2024 · 9 months ago
  Yes, there is a time limit for keeping a position open on Bybit. Bybit's funding fee is charged every 8 hours, and it is based on the funding rate. The funding rate is determined by the market and can be positive or negative. If you hold a position open for a long time, the funding fee can accumulate and affect your overall profitability. It's crucial to monitor the funding rate and consider the potential costs when deciding to keep a position open for an extended period. Please note that this information is specific to Bybit and may differ on other exchanges.
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