$MYX
Funding Rate Changes for MYX & OMNI: What Traders Should Know**
Binance Futures will resume 4-hour funding intervals for MYXUSDT and OMNIUSDT perpetual contracts starting August 11. Here's the key information:
**Key Details:**
• New settlement times: 12:00, 16:00, 20:00, and 00:00 UTC daily
• Maximum rate: ±2.00% per interval (unchanged from previous structure)
• Applies to both long and short positions equally
**Why This Matters:**
1. More frequent settlements may affect position management
2. Traders should monitor funding costs more actively
3. Aligns with standard Binance Futures contract structures
**Historical Context:**
These contracts temporarily used 8-hour intervals during periods of extreme volatility earlier this year
**Actionable Tools:**
✓ Check real-time rates under "Funding Rate" in contract details
✓ Review historical patterns in the Funding Rate History section
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A neutral analysis of funding rate frequency changes for MYX and OMNI perpetual contracts