Dear Users,
From November 17, 2023 10:21 AM（UTC+8） onwards, BingX Futures will adjust the funding fee settlement frequency to once every 4 hours.
The details are as follows:
Perpetual Futures: KAS/USDT
| Time (UTC+8) |
Please note:
1. Further adjustments to the frequency of funding rate settlement may occur. Kindly note that no additional announcements will be made.
2. Please refer to the updated funding fees information before opening a position. For existing positions opened before the update, please adjust your position and margin in order to avoid triggering forced liquidation.
3. To safeguard users' rights and mitigate risks under extreme market conditions, BingX may take additional protective measures for KAS/USDT without further notice. The protective measures include, but are not limited to, adjusting leverage and margin (including the maximum leverage for each tier, position limit, and maintenance margin rate), adjusting funding rate (including basic interest rate, premium index, and fee cap), etc.
For more information: Fee Schedule
BingX Operation Team
November 17, 2023 10:21 AM（UTC+8）
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and Risk Warning.
and Risk Warning.