> For the complete documentation index, see [llms.txt](https://docs.extended.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.extended.exchange/extended-resources/trading/rwa-markets/funding-payments.md).

# Funding Payments

Funding logic for RWA markets is the same as for [crypto markets](/extended-resources/trading/funding-payments.md), with one difference:

The Interest Rate component is set at 0.0035% per 8 hours (\~3.83% annualised) to better reflect the carry pricing of RWA instruments, bringing it closer to SOFR.

**Funding Rate Caps and Impact Notional Values across groups of markets.**

<table><thead><tr><th width="253.85546875">Group*</th><th>Rate Cap per hour</th><th>Impact Notional</th></tr></thead><tbody><tr><td>FX (EUR, USDJPY),<br>Indices / ETFs (SPX, NDX, EWY),<br>Precious Metals (XAU, XAG),<br>Industrial Metals (XCU)</td><td>1%</td><td>$5,000</td></tr><tr><td>Stocks (All),<br>Energy (WTI, XBR, NATGAS),<br>Precious Metals (XPT),<br>Pre-IPOs (SPCX)</td><td>1%</td><td>$2,500</td></tr></tbody></table>

*\*Refer to the section* [*Margin Schedule*](/extended-resources/trading/rwa-markets/margin-schedule.md) *for grouping of markets.*