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Perpetual Futures Funding Rate

Funding rates are periodic payments that are transacted between the long or short traders peer-to-peer. Aevo exchange does not charge a fee on the funding.
The funding payments are made every 1 hour.

Funding Rate Calculation

The funding rate for every funding period can be calculated as below:
FundingRateForPeriod = (MarkPriceTWAP - IndexPriceTWAP) / IndexPriceTWAP / 24 hours
The TWAP for mark price and index price is taken 30 minutes before the funding period begins.