To provide better user experience and mitigate risks to users on the current market conditions, Gate will adjust the funding interval and capped funding rate for 1INCH,ACH,BSV,CVX,ETHW and MEME perpetual contracts, starting 08:00 (UTC), April 08, 2025.
The adjustment details:
1INCHUSDT Perpetual: capped funding rate will be adjusted from ±0.75% to ±2.00%
ACHUSDT Perpetual: capped funding rate will be adjusted from ±0.75% to ±2.00%
BSVUSDT Perpetual: funding interval will be adjusted to every 4 hours and capped funding rate will be adjusted from ±0.65% to ±1.73%;
CVXUSDT Perpetual: capped funding rate will be adjusted from ±1.147% to ±1.53%
ETHWUSDT Perpetual: funding interval will be adjusted to every 4 hours and capped funding rate will be adjusted from ±0.75% to ±1.50%
MEMEUSDT Perpetual: funding interval will be adjusted to every 4 hours and capped funding rate will be adjusted from ±0.437% to ±1.17%
After the adjustement, the funding interval and capped funding rate of the above perpetuals will be:
| Perpetual | Funding Interval | Capped Funding Rate |
|---|---|---|
| 1INCHUSDT | Every 8 hours , no change | ±2.00% |
| ACHUSDT | Every 8 hours , no change | ±2.00% |
| BSVUSDT | Every 4 hours | ±1.73% |
| CVXUSDT | Every 8 hours , no change | ±1.53% |
| ETHWUSDT | Every 4 hours | ±1.50% |
| MEMEUSDT | Every 4 hours | ±1.17% |
The adjustment to the above perpetual contracts will come into effect at 08:00 (UTC) April 08, 2025.
If you are trading the above perpetuals, please adjust your trading strategy beforehand.
Should you have any questions, don’t hesitate to contact our 24/7 customer support.
Thank you for your continued support.
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