Important Updates on Funding Rates of Perpetual Contracts
Update on 2024/08/07 08:23:16
Dear users,
To ensure the best user experience for all users, OrangeX will increase the funding rate settlement frequency of selected USDT-Margined Perpetual Contracts from every eight hours to every four hours at 2023-10-12 at 08:00 (UTC).
Effective from 2023-10-12 at 08:00 (UTC), the capped funding rates for selected USDT-Margined Perpetual Contracts will also be updated to ± 3%. This applies to allUSDT-Margined Perpetual Contracts with a maximum leverage of 25x or below. If the maximum leverage of a contract is lowered to 25x or below, the ± 3% capped funding rate will be applied automatically. There will be no separate announcement.
Funding rate settlement frequency of the following USDT-Margined Perpetual Contracts will be adjusted to every four hours.
IMXUSDT Perpetual Contract
LPTUSDT Perpetual Contract
API3USDT Perpetual Contract
TRBUSDT Perpetual Contract
STMXUSDT Perpetual Contract
CYBERUSDT Perpetual Contract
For those seeking more information, we have prepared resources to help you navigate our trading offerings:
Risk Warning: We kindly remind you to exercise caution and acknowledge the substantial risks associated with cryptocurrency trading. Make investment decisions based on your individual circumstances. Please note that the information provided by OrangeX is not intended as financial or investment advice. OrangeX assumes no liability for any trading losses incurred. Your understanding is greatly appreciated.