And $BULLA funding settled at +0.0385% at 00:00 UTC on Nov 11. Longs paid 7.7 times the old maximum on the same position size.
#Binance widened BULLAUSDT's funding band from ±0.005% to ±2% when it ended last-price protection on Nov 10. The ±2% is a limit, not the charge.
The other variable is timing. If a settlement hits either limit, Binance switches the interval from four hours to one. Check the countdown as well as the rate before carrying the position into the next funding window.
#Binance widened BULLAUSDT's funding band from ±0.005% to ±2% when it ended last-price protection on Nov 10. The ±2% is a limit, not the charge.
The other variable is timing. If a settlement hits either limit, Binance switches the interval from four hours to one. Check the countdown as well as the rate before carrying the position into the next funding window.
