> For the complete documentation index, see [llms.txt](https://docs.kaze.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kaze.fi/tigris/fees-and-trading-guide/funding-fees.md).

# Funding Fees

When opening a trade funding fees are shown in the pairs info bar above the chart.&#x20;

<figure><img src="https://2808992689-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FAE1MpN6HvVL853xsqgiO%2Fuploads%2FrOY3aCXuke0xJ3uzde4a%2Fchrome_N8fozIVd4F.gif?alt=media&amp;token=6dce01ff-74f9-4024-b525-d13cce078d7b" alt=""><figcaption></figcaption></figure>

Every block, the trades with more open interest pay the trades on the opposite side proportionally to their size. \
If there is no one on the other side of your trade the funding fees will be detracted from your PnL and sent to the trading vault.&#x20;

Funding fees are calculated as:

{% code overflow="wrap" %}

```
Annual XSideOiFunding% = (XSideOi-YSideOi)*baseFundingRate%/XSideOi
If negative: XSideOiFunding% = XSideOiFunding%*(100%-VaultFunding%)
```

{% endcode %}

By clicking the Edit button in My Open Position tab you can check how much you have paid or received.

<figure><img src="https://2808992689-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FAE1MpN6HvVL853xsqgiO%2Fuploads%2FgvGWDHJrSFy2aad7SaQu%2Fimage.png?alt=media&amp;token=12336f77-18e3-4039-9a45-55f8e3a14f2b" alt=""><figcaption></figcaption></figure>

Funding rate for each pair can be found in [Listed Pairs](/tigris/listed-pairs.md).
