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

This is a general announcement. Please note that the products or services mentioned may not be available in your region.

Dear Binancians,

Effective from 2025-04-20 08:00 (UTC), Binance Futures will adjust the funding rate settlement frequency for the following USDⓈ-M Perpetual Contracts:

NKNUSDT

BROCCOLIF3BUSDT

The funding rate settlement will change from every 8 hours to every 4 hours. Details are outlined below:

Important Notes:

To ensure user protection and reduce risks during periods of high market volatility, Binance Futures may implement additional safeguards for the above contracts without prior notice. These may include (but are not limited to):

Adjustments to maximum leverage, position size limits, and margin requirements

Updates to funding rate components (interest rate, premium, capped rate)

Modifications to the price index components

Activation of the Last Price Protected mechanism for Mark Price updates

For Further Reference:

Liquidation Protocols

Leverage and Margin for USDⓈ-M Futures

Binance Futures Funding Rate Guide

Note: In case of discrepancies between translated versions and this English announcement, the English version shall prevail.

Thank you for your continued support,

The Binance Team

2025-04-20

Update: This announcement was revised on 2025-04-20 to reflect changes to the Max Funding Rate.