ALPACA Funding Rate Change and Binance Delisting Update

Binance Futures will increase the funding rate settlement frequency for the USDⓈ-M ALPACAUSDT Perpetual Contract to every hour starting from 2025-04-25 08:00 (UTC), with a maximum funding rate of +2.00% / -2.00%. The ALPACAUSDT contract is scheduled for delisting on Binance on May 2, 2025. Trading volume for ALPACAUSDT in the past three days matched the previous two years' activity. The funding rate for ALPACAUSDT perpetual contracts was recently recorded at -2.00%.