Drift (@DriftProtocol): Funding rates add up to the fees you pay on leveraged positions.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
Funding rates add up to the fees you pay on leveraged positions. Elsewhere, both long and short traders pay an hourly fee (i.e funding rate, borrow fee). With Drift, it’s different: when funding rates are positive, longs pay shorts, allowing short positions to EARN fees just by…