New CT contract—first, distinguish the fee rate limits.

Binance’s announcement schedules the Concrete CTUSDT perpetual to be listed on October 1 at 15:45 (Beijing time). On October 2 at 13:13, check the official exchangeInfo: the trading pair status is TRADING. If you’re preparing to trade CT contracts, don’t just look at the maximum 20x leverage mentioned in the listing announcement.

The funding rate upper and lower limits stated in the announcement are +2% and -2%, with a settlement frequency of once every 4 hours. These two figures are boundaries, not the actual funding rate at this moment—and they can’t be used as fixed return rates. This article does not quote real-time funding rates. Before opening a position, look up the current rate and the next settlement time on the contract page; subsequent parameters may also be adjusted.

The announcement also specifies the minimum trade quantity as 1 CT and the minimum notional value as 5 USDT. Having the quantity doesn’t mean the amount requirement is also met. Before submitting, you should verify the latest trading rules, order notional, and available margin at the same time.

The launch of the new contract does not guarantee the spot listing, and it does not indicate any price direction. Liquidity, slippage, and liquidation risk remain. The maximum available leverage is not a recommended leverage level.

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When checking the funding rate, do you also verify the time of the next settlement?