Funding fees are inherent to perpetual swap contracts and cannot be avoided. However, traders can avoid funding fees by closing their open positions before the next funding timestamp.

If you face any difficulties or are unable to proceed with the required steps, please contact Flipster through the service request form for assistance.

Check [History] → [Withdrawal] for the reason if your withdrawal status shows “Cancelled.”

Suppose a trader holds a long position of 10 BTC in BTCUSDT Perpetual Swaps with a mark price of $38,000 and a funding rate of 0.01%: Notional Value of Positions=10×$38,000=$380,000\text{Notional Value of Positions} = 10 ...Read more

Identity Verification Level 3 is an advanced verification process requiring additional documentation to verify your residential address, further enhancing the security of your Flipster account.

If the price decreases from 30,000 USDT to 28,000 USDT:Maintenance Margin: 3,000 USDT * 1% = 30 USDT Unrealized P&L: 0.1 BTC * (28,000 – 30,000) USDT = -200 USDT Remaining Margin: Initial Margin + Unrealized P&L = 300 USDT – 200 ...Read more

Certain features and higher transaction limits may not be accessible without completing Identity Verification Level 4 on Flipster.

Yes, Max Slippage is calculated differently for open and close orders. When placing an order to close an existing position, the Max Slippage is doubled. Example: For BTCUSDT.PERP with a max slippage of 0.25%: Trigger Price: 30,000 Close Order Slippage (doubled): 0.25% ...Read more

Flipster accepts documents such as bank statements, credit card statements, residential utility bills, tax returns, home internet bills, and tenancy agreements. These documents should be issued within the past 90 days.

Funding refers to periodic interest payments exchanged between traders holding positions in perpetual swap contracts. These payments ensure the perpetual swap price remains aligned with the spot price. Traders holding long positions pay funding to traders holding short positions when ...Read more