Fees and Funding

Trading Fee

When trading Perps on Blum, you pay a small fee on each executed order:

• 0.08% of the position size

Example: If you open a $1,000 BTC long, the fee is $0.80. If you later close that position, another $0.80 is charged.

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Funding

Perpetual Futures use funding payments to keep contract prices close to the spot market price.

• Funding is a small fee exchanged between traders (not paid to Blum).

• When most traders are long, the funding rate is positive: longs pay shorts.

• When most traders are short, the funding rate is negative: shorts pay longs.

• Funding is charged or received at fixed intervals, usually every 8 hours.

Example: If the funding rate is +0.01% and you hold a $5,000 position through the funding timestamp, you’ll pay $0.50 as a long trader. If you’re short, you’ll receive $0.50.

Funding only applies when you keep a position open across a funding interval. If you open and close a trade before the funding time, you don’t pay or receive funding.