According to ChainCatcher news, according to the official announcement, Binance Futures will adjust the funding rate settlement frequency of some U-based perpetual contracts from once every eight hours to every four at 16:00 on October 12, 2023 (Eastern Eighth District time). Billing is done hourly. Starting from 16:00 on October 9, 2023 (Eastern District Time), the upper and lower limits of the funding rate for some U-margined perpetual contracts on Binance will be updated to 3% and -3%. This adjustment applies to all U-margined perpetual contracts with a maximum leverage of 25x or less.
Binance will update the upper and lower funding rate limits of some U-margined perpetual contracts to 3% and -3%
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