Adjustment of Funding Rate Settlement Frequency and Maximum Funding Rate of CATS, AI16Z and GRIFFAIN Perpetual Contracts - January 3, 2024
Dear Users,
Ourbit Futures will increase the funding rate settlement frequency of CATS, AI16Z and GRIFFAIN Perpetual Contracts starting from January 3, 2024 at 11:45 (UTC). Details are as follows:
| Futures Trading Pair | Current Maximum Funding Rate | Adjusted Futures Maximum Funding Rate | Current Funding Rate Settlement Frequency | New Funding Rate Settlement Frequency |
| CATS/USDT | (+2.5% / -2.5%) | (+3% / -3%) | 8 Hours | 4 Hours |
| AI16Z/USDT | (+1.5% / -1.5%) | (+2% / -2%) | 4 Hours | 4 Hours |
| GRIFFAIN/USDT | (+3% / -3%) | (+2% / -2%) | 8 Hours | 4 Hours |
Additional info:
