Binance will update the settlement frequency mechanism of U-margin perpetual contract funding rate

Planet News: According to the official announcement, Binance announced that starting from May 2, 2025, at 16:00 (UTC+8), Binance Futures will adjust the settlement frequency of funding rates for USDT-margined perpetual contracts. If the previous funding period of the USDT-margined perpetual contract reaches the funding rate upper/lower limit, Binance Futures will adjust the settlement frequency from every eight hours or every four hours to every hour. Additionally, the FLMUSDT USDT-margined perpetual contract will maintain a funding rate settlement frequency of once every two hours until further notice. The VOXELUSDT and ALPACAUSDT USDT-margined perpetual contracts will maintain a funding rate settlement frequency of once per hour. Binance also reminds users that these details may change in the future.