Binance will Lower the Settlement Frequency of Some TradFi Contract Funding Rates

BlockBeats News, January 30, according to official sources, Binance Futures will adjust the funding rate settlement frequency of XAU, XAG, and TSLA’s U-based perpetual contracts starting at 20:15 today Beijing time, changing it from once every four hours to once every eight hours. The funding rate cap/limit for XAU and XAG perpetual contracts will be adjusted from ± 0.375% to ± 0.05%.