but it is collecting for every 2 hours

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Futures will increase the funding rate settlement frequency of the USDⓈ-M FUNUSDT Perpetual Contract from every four hours to every two hours starting from 2025-04-05 18:00 (UTC). The detailed arrangement is as follows:
TimeMax Funding Rate2025-04-05 18:00 (UTC)+2.00% / -2.00%2025-04-05 20:00 (UTC)+2.00% / -2.00%2025-04-05 22:00 (UTC)+2.00% / -2.00%2025-04-06 00:00 (UTC)+2.00% / -2.00%……
Notes:
In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M FUNUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.
For More Information:
Liquidation ProtocolsLeverage and Margin of USDⓈ-M Futures ContractsIntroduction to Binance Futures Funding Rates
Note: There may be discrepancies between this original announcement in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-04-05