According to an official announcement from COINOTAG News dated April 18, Binance is set to modify the funding rate settlement frequency for its T U inverse perpetual contracts. This adjustment will take effect on April 18, 2025, at 22:00 Beijing time. The funding rate, crucial for determining the costs associated with holding these perpetual contracts, will transition from a settlement period of every eight hours to a significantly more frequent schedule of every two hours.
This move by Binance aligns with its ongoing commitment to enhance market efficiency and improve liquidity for traders engaging in these leveraged instruments. The adjustment is anticipated to provide more regular updates on funding costs, potentially benefiting traders by minimizing the impact of intermittent funding fees. As the cryptocurrency market evolves, such adjustments signify Binance’s strategic approach to meet the changing demands of its user base.