Yesterday's crash wiped out nearly $2 billion in BTC and ETH contracts, and retail traders alone paid around $20 million just in funding fees. Recently, I've been trying out the on-chain Perp trading platform @protocol_fx. In situations like yesterday, you don't have to pay any funding fees. On this platform, they usually don't charge funding fees, except in rare cases (like when the USDC pool supply is low). I've been holding this ETH long position for over a month now, and the last time I paid a funding fee was a week ago. If you're interested, go check it out!