Dear Users,
The funding rate settlement frequency for the BANUSDT USDT-M Perpetual Futures will be adjusted on January 27, 2025, at 00:00 (SGT). The settlement frequency will change from every four hours to every two hours. The specific arrangements are as follows:
USDT-Margined Perpetual Futures | BANUSDT |
Change Time | January 27, 2024,00:00 (SGT TIME) |
Underlying Asset | Comedian (BAN) |
Settlement Asset | USDT |
Tick Size | 0.0001 |
Price Precision | 0.0000001 |
Trading Fee Rate | Maker: 0.1%, Taker: 0.1% |
Capped Funding Rate | +0.5%/-0.5% |
Funding Fee Settlement Frequency | Every two hours |
Maximum Leverage | 75x |
Trading Time | 24/7 |
Important Notes:
- At launch, The maximum funding rate for the above perpetual futures will be +0.5%/-0.5%.
- The funding fee settlement frequency is every two hours.
- Based on market risk conditions, Megabit reserves the right to adjust futures parameters, including funding rates, minimum price increments, maximum leverage, initial margin, maintenance margin, and other critical parameters.
Risk Disclaimer
Cryptographic assets offer high growth potential but also come with significant market risks and volatility. We strongly recommend that users make investment decisions independently after fully understanding the risks involved and take full responsibility for their choices.
If you have any questions, please feel free to contact the official Megabit team.
Megabit Team
January 26, 2025
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