Binance will adjust the settlement frequency of the funding rate for the CYBER U perpetual contract

ChainCatcher message, Binance announced that the Binance Futures will update the leverage and margin tiers for the CYBER USDT U-margined perpetual contract on September 2, 2023, at 18:30 (UTC+8). Users' current positions will be affected, and users are advised to adjust their margin according to the updated leverage and margin tiers to avoid forced liquidation.

Binance Futures has adjusted the funding fee settlement frequency for the CYBER USDT U-margined perpetual contract on September 2, 2023, at 16:30 (UTC+8). The funding fee settlement frequency has been changed from every four hours to every two hours.