In a recent announcement by Binance Futures, significant adjustments are set to take place regarding the BANUSDTU perpetual contract funding rate. Effective February 24, 2025, at 16:00 (UTC+8), the funding rate settlement frequency will shift from the current four-hour intervals to a more dynamic two-hour schedule. This move aims to enhance liquidity and provide traders with a more efficient trading experience, aligning with the growing demands of the cryptocurrency market.
This change is likely to impact trading strategies significantly, as the new funding rate frequency will allow for a higher granularity in position management. Traders involved with the BANUSDTU contract should consider adjusting their strategies accordingly to capitalize on the increased frequency of settlements, which may facilitate improved risk management and more timely decision-making.
By implementing this update, Binance Futures continues to reinforce its commitment to providing an optimized trading environment that caters to the evolving needs of its user base in the rapidly advancing world of crypto trading.
Source: https://en.coinotag.com/breakingnews/binance-futures-announces-increased-funding-rate-settlement-frequency-for-banusdtu-perpetual-contracts/