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Binance Futures Will Update the Settlement Frequency of USDⓈ-M HIFIUSDT Perpetual Contract

Binance Futures Will Update the Settlement Frequency of USDⓈ-M HIFIUSDT Perpetual Contract

2023-09-17 03:30

Fellow Binancians,

Binance Futures will increase the funding rate settlement frequency of the USDⓈ-M HIFIUSDT Perpetual Contract from every eight hours to every four hours starting from 2023-09-17 at 08:00 (UTC). The detailed arrangement is as follows:


Max Funding Rate

2023-09-17 08:00 (UTC)

+2.50% / -2.50%

2023-09-17 12:00 (UTC)

+2.50% / -2.50%

2023-09-17 16:00 (UTC)

+2.50% / -2.50%

2023-09-17 20:00 (UTC)

+2.50% / -2.50%

Please Note

  • In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M HIFIUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information:

Thanks for your support!

Binance Team


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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.