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

Odaily News According to the official announcement, Binance announced that starting from 16:00 on May 2, 2025 (Eastern Time Zone 8), Binance Futures will adjust the funding rate settlement frequency of U-based perpetual contracts.
If the settlement of the U-margined perpetual contract in the last funding cycle reaches the upper/lower limit of the funding rate, Binance Futures will adjust the settlement frequency from every eight hours or every four hours to every hour.