Binance updates USDT-margined contract limits to ±3% from Oct 9

Ritu13 · Post time 17-10-2023 09:41:48

Binance Futures will adjust the funding rate settlement frequency for some USDT-margined perpetual contracts from settling every eight hours to settling every four hours starting on October 12, 2023, at 16:00 (GMT+8). Additionally, as of October 9, 2023, at 16:00 (GMT+8), the upper and lower limits for the funding rate on certain USDT-margined perpetual contracts on Binance will be updated to 3% and -3%. This adjustment applies to all USDT-margined perpetual contracts with a maximum leverage of 25x or below.

Yamini003 · Post time 17-10-2023 10:47:46

The upper and lower limits have a difference of 6%, right?

Shri333 · Post time 17-10-2023 12:48:44

Did the update increase or decrease it?

Jatin255 · Post time 17-10-2023 19:07:34

It's worth taking a look at the lower limit.