#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 increase the funding rate settlement frequency of the USDⓈ-M NKNUSDT and BROCCOLIF3BUSDT Perpetual Contracts from every eight hours to every four hours starting from 2025-04-20 08:00 (UTC). The detailed arrangement is as follows:

Time

Max Funding Rate

NKNUSDT Perpetual

BROCCOLIF3BUSDT Perpetual

2025-04-20 08:00 (UTC)#

+3.00% / -3.00%

+2.00% / -2.00%

2025-04-20 12:00 (UTC)

+3.00% / -3.00%

+2.00% / -2.00%

2025-04-20 16:00 (UTC)

+3.00% / -3.00%

+2.00% / -2.00%

2025-04-20 20:00 (UTC)

+3.00% / -3.00%

+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 NKNUSDT and BROCCOLIF3BUSDT Perpetual Contracts 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 Protocols

Leverage and Margin of USDⓈ-M Futures Contracts

Introduction to Binance Futures Funding Rates

Note: There may be discrepancies between this original content 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

2025-04-20

Note: This announcement was amended on 2025-04-20 to update the Max Funding Rate.#