The funding fee rate is here. Currently, it is 0.9% per month, which is normal and cheap. Based on your position, the monthly funding fee is around $3500. Of course, this is calculated at the lowest level. If you feel emotional, the funding fee will increase significantly, and then it will be even more. The long-term capital cost of a perpetual contract is exaggerated, and sometimes the profit is not enough to cover the capital cost, which is not cost-effective. Therefore, when opening a perpetual contract, one should follow the trend and not carry the order. Do not continue to carry the order in a volatile market, otherwise it is not cost-effective.