PANews reported on April 22 that according to Binance’s announcement, starting from 0:45 Beijing time on April 22, 2025, the funding rate settlement frequency of MAGICUSDT perpetual contracts will be adjusted from every 8 hours to every 4 hours, and the maximum positive and negative funding rate will remain at ±3.00%. The first round of settlement time after the adjustment will be 0:00, 4:00, etc. on April 22, Beijing time.