Binance has announced a return to four-hour settlements for MYXUSDT and OMNIUSDT perpetual contracts, starting from August 11, 2025.
Change in Funding Rate Frequency for MYXUSDT and OMNIUSDT
Binance has stated that the funding rate for MYXUSDT and OMNIUSDT will now settle every four hours, starting from August 11, 2025, at 20:00 (UTC+8). This adjustment aligns with Binance's strategy to enhance market dynamism. The maximum funding rate will remain at +2.00%/-2.00%. Subsequent settlements will occur daily at 00:00, 04:00, 08:00, and so on (UTC+8).
Community Reaction to the Changes
Community reactions have been mixed, with some traders citing potential benefits through increased arbitrage opportunities. However, there remain concerns among risk-averse investors about fluctuations in realized profit and loss.
Impact and Historical Context on Perpetual Contracts
Resuming a four-hour funding rate was a practice previously adopted by Binance during periods of increased market volatility, underscoring its flexible response to dynamic trading environments. MYX Finance currently trades at $1.67 with a market cap of $263.25 million, and it has seen a 14.15% decline in 24-hour trading volume.
The changes in the funding rate frequency for MYXUSDT and OMNIUSDT suggest the potential for better alignment of funding costs with real-time market conditions while allowing investors to make more informed decisions despite potential fluctuations.
