Formula
- 1.fundingRate = (markPrice-IndexPrice)/24+ve → Long will pay -ve → Short will pay
- 2.averageValue = (markPrice+IndexPrice)/2
- 3.percentage = (fundingRate / avgValue) * 10
- 4.distributing funding perPositionRate = fundingPayment/totalPosition*100 positionSize * perPositionRate
old per usd = Vmm usd / Vmm xtz
x=(k / vmm usd + position size)- vmm xtz
new per usd = position size / x
price impact =((new per usd - old per usd ) * 100) / (old per usd ))
old per xtz= vmm xtz / vmm usd
x= vmm usd - (k/ Vmm xtz + Closing Position (In XTZ))
new per xtz= closing position xtz / x
price impact =((new per xtz - old per xtz) * 100) / (old per xtz))
old per xtz= vmm xtz/ vmm usd
x=(k / (vmm usd - position in usd))-vmm xtz
new per xtz= x / position
price impact = (new per xtz - old per xtz)*100/ old per xtz
old per usd = vmm usd / vmm xtz
x=(k/ (vmm xtz - Closing position in xtz ))-vmm usd
new per usd = x / xtz(closing position)
price impact = (new per usd - old per usd)*100/ old per usd
Expected close price = market price - ( Price Impact / 100 )
k = constant (x * y = k ) x = usd , y = xtz
vmm usd = vmm usd+ Position * Leverage
vmm xtz = VMM Xtz - x ( Refer above section to calculate x)
vmm usd= vmm usd - x
vmm xtz = vmm xtz + closing position
vmm usd = vmm USD - position * Leverage
vmm xtz = Vmm xtz + x
vmm xtz = vmm xtz - Closing Position
vmm usd = vmm usd + x
Last modified 11mo ago