Free tool · perpetual futuresFunding cost calculator

Funding is the payment between longs and shorts on perpetual futures. With a positive rate longs pay shorts; with a negative rate shorts pay longs. See what holding a position costs.

Over the period—
Per day—
Annual rate—
Payments—

An estimate: exchanges add fees, funding and higher maintenance margin for large positions.

How to use it

  1. Choose long or short and enter the position size in dollars.
  2. Enter the funding rate per payment, in % — as the exchange shows it.
  3. Choose how often funding is paid: every 8 hours on most exchanges, every hour on Hyperliquid.
  4. Enter how many days you plan to hold the position.

A calculator is the start. The Liqwall terminal shows where stops and liquidations sit, the walls in the order books and the positions of whales — on the chart you trade from.Liqwall indicators are free with an exchange account opened through the Liqwall link.

Questions

How is funding calculated?

Payment = position size × rate. $10,000 at 0.01% every 8 hours is $1 per payment, $3 a day and $90 over 30 days.

Who pays — longs or shorts?

With a positive rate longs pay shorts, with a negative rate shorts pay longs. The calculator shows whether your side pays or receives.

Why convert to an annual rate?

To compare: 0.01% every 8 hours is about 11% a year — that is what a long pays to hold the position all year at that rate.

Where do I see current funding?

On the Liqwall funding page — rates by coin and exchange, free.

Other free tools

Liqwall indicators free — with an account via our linkHow