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I took a 10x leverage on my $3046 position on

btc more than a month ago.
Why does my realized pnl is -800Usdt when I entered the trade at around $27700 and now the price is $29400. Even though the unrealized pnl shows $1902?

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Shash-Srivastava Автор вопроса

Is the futures fees have to paid based on the no of days the trade remains open or what?

Shash-Srivastava Автор вопроса
Ribka (Binance Angel) ♠️🌍NO PM Always talk in the Gr
Yes correct, there's a fee every 8 hours

Wth Why does it not say anywhere that the fees are charged every 8hrs? Sorry I never kept a trade open for more than a day so that's a bit confusing

Shash-Srivastava Автор вопроса
Shash Srivastava
Wth Why does it not say anywhere that the fees are...

https://www.binance.com/en/blog/futures/what-is-futures-funding-rate-and-why-it-matters-421499824684903247

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