Introduction
In a recent update, Bitget announced changes to the funding rate interval for the MYXUSDT perpetual futures trading pair. This change aims to better align the perpetual futures prices with the spot index prices, providing traders with an improved trading experience.
Key Details of the Adjustment
- Affected Trading Pair: MYXUSDT
- Adjustment Time: 2025-10-12 16:00 (UTC+0)
- New Funding Rate Interval: Adjusted from every 1 hour to every 4 hours
Funding Rate Schedule
The following table outlines the maximum funding rates at specified intervals:
| Time | Maximum Funding Rate |
|—————————-|————————-|
| 2025-10-12 16:00 (UTC+0) | +2.0000% / -2.0000% |
| 2025-10-12 20:00 (UTC+0) | +2.0000% / -2.0000% |
| 2025-10-13 00:00 (UTC+0) | +2.0000% / -2.0000% |
| 2025-10-13 04:00 (UTC+0) | +2.0000% / -2.0000% |
Implications for Traders
This adjustment is intended to reduce discrepancies between the funding rates and underlying asset prices, potentially leading to heightened liquidity and improved market efficiency. Traders are encouraged to review the new funding rates before placing orders, as these changes may create different trading risks and opportunities.
Conditions of Adjustment
Bitget has also noted that if market volatility necessitates rescheduling the adjustments, a separate announcement will be made. The exchange reserves the right to modify, amend, or retract this announcement at any time, without prior notice.
Customer Support
Bitget is committed to assisting its users and encourages those with questions or concerns regarding this adjustment to reach out to customer service for detailed information.
Conclusion
The adjustment of the funding rate interval for the MYXUSDT perpetual futures is a strategic move by Bitget to enhance trading conditions and better align market dynamics. As the trading landscape evolves, such adjustments are crucial to maintain efficiency and user satisfaction. Traders should remain vigilant regarding these updates to optimize their trading strategies.