Introduction
Bitget, a leading cryptocurrency derivatives exchange, is set to enhance its TURTLEUSDT perpetual futures trading experience by adjusting the funding rate interval. This change is aimed at providing better alignment between perpetual futures prices and spot index prices, a significant factor for traders engaging in cryptocurrency derivatives.
Details of the Adjustment
The adjustment will take effect on October 24, 2025, at 01:00 (UTC+0). The funding rate interval will shift from every 4 hours to every 1 hour. This increase in frequency is expected to provide traders with more timely updates and adjustments based on market conditions.
| Time | Maximum Funding Rate |
|————————–|————————–|
| 2025-10-24 01:00 (UTC+0) | +1.8750%/-1.8750% |
| 2025-10-24 02:00 (UTC+0) | +1.8750%/-1.8750% |
| 2025-10-24 03:00 (UTC+0) | +1.8750%/-1.8750% |
| 2025-10-24 04:00 (UTC+0) | +1.8750%/-1.8750% |
This change reflects Bitget’s commitment to continuously improving its trading environment and ensuring that its products meet the evolving needs of traders.
Market Impact
For individual investors and institutional traders alike, this adjustment can have significant implications:
- Increased Trading Volume: More frequent updates to the funding rate can lead to increased trading volume, as traders may respond to more timely signals in the market.
- Enhanced Risk Management: The ability to adjust positions based on the rapid changes in the funding rate allows for better risk management strategies, particularly for those utilizing algorithmic trading and quantitative strategies.
- Market Volatility Considerations: As always, traders should be mindful of market volatility, especially in a fast-developing crypto market. The high frequency of funding adjustments can lead to more fluctuating costs associated with holding positions.
Pre-Order Review
Bitget emphasizes the importance of reviewing the updated funding rates before placing any orders. Traders are advised to prepare for potential risk adjustments that may arise from these changes.
Important Notes
- Should any rescheduling of the adjustments occur due to increased market volatility, Bitget will communicate this through a separate announcement.
- The company retains the right to amend or retract this notification without prior notice, ensuring that they can respond swiftly to market conditions.
About Bitget
Bitget is known for its comprehensive suite of trading services, including spot and futures trading, margin trading, and innovative features like copy trading and trading bots. The platform aims to be a one-stop solution for cryptocurrency traders around the world, facilitating seamless trading experiences.
Community Engagement
To stay updated, traders are encouraged to follow Bitget on Twitter and join the Telegram community. These platforms are essential for receiving timely announcements and engaging with the community for knowledge sharing.
Conclusion
With the adjustment to the funding rate interval for TURTLEUSDT perpetual futures, Bitget demonstrates its dedication to enhancing the trading experience for its users. By aligning perpetual futures prices more closely with spot prices in a dynamic market environment, traders can better strategize and execute their trades. As always, traders should remain vigilant and consider risk factors when navigating the crypto market.