Dear XTers,
XT.COM has increased the funding rate settlement frequency of the FTT USDT-M perpetual contract at 04:00 on November 10, 2022 (UTC). The detailed arrangement is as follows:
|
Time(UTC) |
Max Funding Rate of FTTUSDT Perpetual Contracts |
|
2022/11/10 04:00 |
+2.50% / -2.50% |
|
2022/11/10 06:00 |
+2.50% / -2.50% |
|
2022/11/10 08:00 |
+2.50% / -2.50% |
|
2022/11/10 10:00 |
+2.50% / -2.50% |
|
2022/11/10 12:00 |
+2.50% / -2.50% |
|
2022/11/10 14:00 |
+2.50% / -2.50% |
|
… |
+2.50% / -2.50% |
Notes:
- Please note that there may be further adjustments to the funding rate settlement frequency of the aforementioned perpetual futures contracts. There will be no further announcement on such adjustments.
- As of November 9, 2022, the Capped Funding Rate Multiplier for FTT USDT-M perpetual contract was raised from 0.75 to 1.
- Capped Funding Rate = clamp (Funding Rate, -1 Maintenance Margin Ratio, 1 Maintenance Margin Ratio).
For more information, please refer to the following:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. XT will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thank you for your support!
XT.COM Team
November 10, 2022
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.