Every Perp exchange has Futures instead of Perps, usually there is 4 futures per year, every season. These don't have any funding fees.
However, they have a premium or discount. So if you buy a March 2024 future today, you will pay a 3-4% premium if you hold till expiry. So its similar to funding rate. However if you plan on keeping the trade short then the premium will still hold, unless there is a massive shift in market trend.
Since you want leverage, there is no other way. Because unless you are buying spot, you will pay either interest on margin, or funding fees for perps, or pay a premium to buy the futures. No other way around these fees.
That is perfect, thank you veruy much its exactly what I was looking for!
I could trade leverage now with futures, hold my trade for days/weeks without worring about any funding fees.
I do not know about how futures quarterly trading is charged, but I know that it is different from perpetual futures. With quarterly, you can open a position for up to 100 days, but depending on the exchange. But with it, there is nothing like funding rate.
I see the funding rate not to be a problem because it is 0.01 or less in percentage every 8 hours. It may even be in your favor in a way that you will earn it instead.
Thanks for your reply, I checked the quarterly contracts and indeed no funding and can hold my leverage trade for weeks/days
as @adaseb suggested too
Thanks for your input
[moderator's note: consecutive posts merged]