Binance Announces New Funding Rate Settlement Frequency for ORCA U Perpetual Contract

In a recent update from COINOTAG News dated March 21st, Binance has announced a significant shift in the funding rate settlement frequency for the ORCA U Perpetual Contract. Beginning March 21, 2025, at 18:00 (UTC+8), this frequency will transition from a four-hour cycle to a two-hour cycle, with a capped funding rate of ±2%. This change is set to enhance the trading dynamics and liquidity for participants in the market.

Moreover, Binance Futures has indicated that in response to unpredictable market fluctuations, it may implement further protective measures. These include potential adjustments to maximum leverage, alterations in position value, and updates to the maintenance margin. Such actions underscore Binance’s commitment to safeguarding its users’ interests amid shifting market conditions, ensuring a robust trading environment.

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