Why is my Realized PNL so high ($33.45) for opening a small position of $140? Why is my Realized PNL so high ($33.45) for opening a small position of $140? ➔ Visit Kucoin now and start trading Posted in Kucoin Reddit
Scam wick incoming!!!
Just happened to me, opened a new 115$ position and have -61$ in pnl
Every 8 hours the total value of your position is multiplied by the funding rate and that amount is applied to your pnl.
If the funding rate is positive, then longs pay the shorts. When funding rate is negative, shorts pay longs.
Pay attention to funding rate… As it approaches 0, you have a good opportunity for volatility.
You might have closed part of the position.