Bitget Adjusts the Time Period for the Funding Rate of PROMUSDT Perpetual Contracts
2026-08-11 12:17:06
According to CoinMeta, Bitget has announced that in order to ensure that the PROMUSDT perpetual contract is better anchored to the spot index price, the funding rate settlement cycle will be adjusted from once every 4 hours to once every hour on August 11, 2026, at 13:00 (UTC +8). The specific details of the adjustment are as follows: On August 11, 2026, at 13:00 (UTC +8), the maximum funding rate will be +1.8750%/-1.8750%; from 14:00 (UTC +8) to 16:00 (UTC +8), the same rate will apply. Users are requested to refer to the updated funding rates when placing orders and to be aware of the associated trading risks.
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Source:Bitget
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