Important Updates on Funding Rate Settlement Frequency of USDⓈ-M Perpetual Contracts (2025-05-02)

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

Fellow Binancians,

Binance constantly reviews its product and service offerings to ensure the best user experience for all users. Effective from 2025-05-02 08:00 (UTC), Binance Futures will implement an adjustment process to the funding rate settlement frequency of USDⓈ-M Perpetual Contracts. If the previous funding rate settlement of USDⓈ-M Perpetual Contracts reaches the funding rate cap/floor, Binance Futures will adjust the settlement frequency from every eight hours or every four hours to every one hour. 

Case Examples:

Taking USDⓈ-M BTCUSDT perpetual contract as an example, the funding rate cap/floor of USDⓈ-M BTCUSDT perpetual contract is +0.3% / -0.3% and the default funding rate settlement frequency of USDⓈ-M BTCUSDT perpetual contract is every eight hours. $BTC