When offering Funding on Bitfinex, you will receive interest depending on the amount, rate and time your funds are offered for. Funding fees of either 15% or 18% (depending on the order type) will also be deducted from the earnings.
How are my interest earnings calculated
Daily interest-earning can be calculated using the following formula:
amount * rate% * (seconds / seconds in a day) * (1 - fee%)
Example: If you have an active 10,000 USD offer at 0.06%, you will earn 6.00 USD per day (before deducting fees). On that 6.00 USD, a 15% *fee is charged (0.90 USD) by Bitfinex making your final earning 5.10 USD for that offer.
How are the fees for funding calculated
Note: Fees may differ if you hold a certain amount of UNUS SED LEO. Please view UNUS SED LEO Token Holders Benefits for more details.
If you have any inquiries, please feel free to contact Bitfinex Support. We are always happy to help!