To improve the trading experience, AlphaX has set the fee for TradFi futures trading to 0. Refer to the TradFi trading page for the latest details. Any future changes will be announced by the platform.
Supported products: GOLD (XAUUSDT), SILVER (XAGUSDT), Oil WTI (CLUSDT), Oil Brent (BZUSDT), and other TradFi products.
How is the funding rate calculated for TradFi products?
Contract |
Funding rate |
Settlement cycle |
GOLD (XAU) |
4 hours |
|
SILVER (XAG) |
4 hours |
|
Oil Brent |
4 hours |
|
Oil WTI |
4 hours |
TradFi perpetual contracts use a funding rate mechanism. The rate is dynamic and settles every 4 to 8 hours. You can view the real-time funding rate at the top of each TradFi contract page.
The funding rate keeps the contract price close to the reference price: When long and short positions are unbalanced, fees are exchanged between both sides. This helps bring the price back to a fair range. In a 24/7 trading environment, the funding rate adjusts dynamically as market supply, demand, and liquidity change.
AlphaX TradFi funding rates are settled every 4 to 8 hours, depending on the product type.
Positive funding rate: Long positions pay short positions.
Negative funding rate: Short positions pay long positions.
About TradFi perpetual contracts
TradFi perpetual contracts are derivative instruments used to gain exposure to the price of the underlying asset.Price exposure focuses on price movements of the asset, not ownership. Traders participate in the market through derivative instruments to profit from price fluctuations or hedge risks.
In today’s market, perpetuals are a core tool for price exposure. Using AlphaX as an example, its TradFi products are built on USDT-margined perpetual contracts, allowing traders to access price movements in stocks, commodities, or forex without holding the underlying assets.
There are also clear limits. Traders do not enjoy any ownership rights or asset entitlements, such as dividends or coupon payments. In addition, the leverage mechanism amplifies both returns and risks, placing greater demands on risk management.As a result, price exposure is more suitable for trading-driven participation.