Important🚨🚨 Notice: ‼️‼️‼️🚨🚨

Binance Changes Funding Rate Periods

there's a significant change to funding rate schedules coming on May 2nd!

Previously, funding rates were applied at fixed 8-hour or 4-hour intervals. Under the new system:

When spot-futures price gaps widen enough to push funding rates to +0.3% or -0.3%, the funding settlement period will automatically switch to 1-hour intervals.

This means holding positions with large spot-futures gaps will result in much more frequent funding fee payments, potentially eroding profits quickly.

Be careful with holding leveraged positions on assets with significant basis - you could end up losing most of your gains to hourly funding fees under this new system.

Make sure to adjust your strategies accordingly before this change takes effect on May 2nd!