What Are Perpetual Funding Rates? An Explainer With a Worked SEI Example
Key Highlights: Symmetric Dollar Impact vs. Asymmetric Percentage Impact: On a matched 10,000 $SEI ($10,000 notional) position, a 0.10% interval funding rate generates an identical $10 peer-to-peer transfer per period, but the percentage impact on equity varies directly based on each trader’s initial collateral cushion. Distinct Settlement Mechanism: According to the $SEI filing, funding is ...
