Sure! Here’s a formal update announcement based on your request:

Updates on Funding Rate Settlement Frequency of USDⓈ-M NKNUSDT and BROCCOLIF3BUSDT Perpetual Contracts (2025-04-20)

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures will adjust the funding rate settlement frequency for the following USDⓈ-M Perpetual Contracts from every eight hours to every four hours, starting from 2025-04-20 at 08:00 (UTC):

Affected Contracts:

• NKNUSDT Perpetual

• BROCCOLIF3BUSDT Perpetual

Funding Rate Schedule:

Time (UTC) NKNUSDT Perpetual BROCCOLIF3BUSDT Perpetual

2025-04-20 08:00 +3.00% / -3.00% +2.00% / -2.00%

2025-04-20 12:00 +3.00% / -3.00% +2.00% / -2.00%

2025-04-20 16:00 +3.00% / -3.00% +2.00% / -2.00%

2025-04-20 20:00 +3.00% / -3.00% +2.00% / -2.00%

… … …

Notes:

To protect users and mitigate potential risks during extreme market volatility, Binance Futures may implement additional protective measures on these contracts without prior notice, including but not limited to:

• Adjustments to maximum leverage, position limits, and maintenance margin across margin tiers.

• Updates to funding rate parameters, including interest rate, premium, and capped funding rate.

• Modifications to the price index composition.

• Activation of the Last Price Protected mechanism for Mark Price updates.

Learn More:

• Liquidation Protocols

• Leverage and Margin of USDⓈ-M Futures Contracts

• Introduction to Binance Futures Funding Rates

Please note: This announcement was amended on 2025-04-20 to update the Max Funding Rate. In the event of any discrepancies between translated versions and the English original, the English version shall prevail.

Thank you for your support,

Binance Team

2025-04-20

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