PANews reported on April 25 that according to the official announcement, Binance Futures will adjust the funding rate settlement frequency of U-margin perpetual contracts from 16:00 (ET on May 2, 2025). If the settlement of the U-margin perpetual contract in the previous funding cycle reaches the upper/lower limit of the funding rate, Binance Futures will adjust the settlement frequency from every eight hours or every four hours to every hour.
The payment time for funding fee settlement every eight hours is: 08:00 (GMT+8), 16:00 (GMT+8) and 00:00 (GMT+8) the next morning. The payment time for funding fee settlement every four hours is: 04:00 (GMT+8), 08:00 (GMT+8), 12:00 (GMT+8), 16:00 (GMT+8), 20:00 (GMT+8) and 00:00 (GMT+8) the next morning.