COINOTAG News reports that on April 16, Binance Futures will implement a significant modification to the AERGO/USDT perpetual contract, which offers up to 50x leverage. This contract is scheduled to expire on April 16, 2025, at 22:30 (UTC+8). The crucial change involves a shift in the funding rate settlement frequency, moving from a four-hour interval to a more dynamic two-hour schedule.
This adjustment is anticipated to enhance market efficiency, allowing traders to better manage their positions and align with the rapidly changing market conditions. By opting for a more frequent funding rate settlement, Binance Futures aims to provide greater liquidity and reduce potential discrepancies in funding costs. Investors are encouraged to stay informed on these updates as they can have substantial implications on trading strategies and portfolio management.
Source: https://en.coinotag.com/breakingnews/binance-futures-adjusts-aergousdt-funding-rate-settlement-to-every-two-hours/