Introduction
Bitget, a leading cryptocurrency exchange, has announced an adjustment regarding the funding rate interval for its DOODUSDT perpetual futures. As part of its ongoing efforts to enhance price alignment between perpetual derivatives and the underlying spot index, this change is set to provide traders with more frequent updates concerning funding costs.
Key Details of the Funding Rate Adjustment
To provide greater clarity on the adjustment, here are the essential details:
- Affected Trading Pair: DOODUSDT
- Adjustment Time: October 7, 2025, at 09:00 UTC
- New Funding Rate Interval: Adjusted from every 4 hours to every 1 hour
Maximum Funding Rate Schedule
Below is the schedule outlining the maximum funding rates post-adjustment:
| Time | Maximum Funding Rate |
|———————–|————————|
| 2025-10-07 09:00 UTC | +2.0000% / -2.0000% |
| 2025-10-07 10:00 UTC | +2.0000% / -2.0000% |
| 2025-10-07 11:00 UTC | +2.0000% / -2.0000% |
| 2025-10-07 12:00 UTC | +2.0000% / -2.0000% |
The adjustment aims to ensure traders are better informed about their costs, allowing for more strategic and informed trading decisions. Traders should remain aware of their open positions and the implications of changing funding costs.
Potential Impacts on Traders
With this change, traders dealing with DOODUSDT perpetual futures will experience more frequent updates to their funding rates. This will require adjustment in trading strategies, especially for those employing algorithmic or quantitative methods. Higher frequency updates will likely lead to greater volatility in funding costs, impacting overall trading strategies.
What to Keep in Mind
- Market Volatility: If market conditions are unstable, further adjustments may be necessary, and Bitget will provide updates as needed.
- Review Updated Rates Regularly: Traders are encouraged to frequently check the updated funding rates prior to executing trades to avoid unexpected costs.
- Customer Support: In case of queries or for further clarification, users are encouraged to contact Bitget’s customer service for assistance.
Conclusion
Bitget’s adjustment of the funding rate interval for DOODUSDT perpetual futures reflects its commitment to maintaining efficient trading conditions. As the cryptocurrency market evolves, it is vital for traders to stay well-informed about such changes and their implications.
This move not only enhances transparency but also aims to align more closely with spot market conditions, thereby supporting overall market efficiency.
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