Dear Users,
BingX will adjust the funding rate settlement frequency and capped funding rate multiplier of the SOL and FTT Standard Futures and Perpetual Futures contracts starting from 2022-11-10 at 18:00 (UTC+8).
 
The detailed arrangement is as in the table below:
Time (UTC+8) SOL
Max Funding Rate
(USDT-Margined Standard Futures, Coin-Margined Standard Futures, Perpetual Futures)
2022-11-10 20:00 +2.5% / -2.5%
2022-11-11 00:00 +2.5% / -2.5%
2022-11-11 04:00 +2.5% / -2.5%
... +2.5% / -2.5%
(Settled every 4 hours)
 
 
Time (UTC+8)
FTT
Max Funding Rate
(USDT-Margined Standard Futures and Perpetual Futures)
2022-11-10 18:00 +2.5% / -2.5%
2022-11-10 20:00 +2.5% / -2.5%
2022-11-10 22:00 +2.5% / -2.5%
... +2.5% / -2.5%
(Settled every 2 hours)
 
Note:
1. There may be further adjustments to the funding rate settlement frequency of the Perpetual Futures contracts. There will be no further announcement on such adjustments.
2. Users should refer to the updated funding rate when opening positions. Existing positions opened before the updates will be affected. It is strongly advised to adjust the position and leverage in order to avoid any potential liquidation.
 
Further information on BingX fees: https://support.bingx.com/hc/en-001/articles/360027240173-Fee-Schedule
 
BingX Operation Team
2022-11-10
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