Introduction
Bitget, a leading cryptocurrency exchange, has announced an adjustment to the funding rate interval and limits for the API3USDT perpetual futures trading pair. This modification is aimed at aligning perpetual futures prices more closely with spot index prices, ensuring a more transparent and efficient trading environment for users.
Key Adjustments
The following are the critical changes to the funding rate structure for API3USDT:
| Parameter | Previous Value | New Value |
|————————————|———————|———————|
| Funding Rate Maximum Limit | +2.0000% | +1.8750% |
| Funding Rate Minimum Limit | -2.0000% | -1.8750% |
| Funding Rate Interval | Every 1 hour | Every 4 hours |
Adjustment Timeline
The adjustments will take effect on September 21, 2025, at 12:00 (UTC+0). Following this, the maximum and minimum funding rates will be set to +1.8750%/-1.8750% on multiple intervals throughout the day:
| Time (UTC+0) | Funding Rate Limit |
|————————————|———————|
| 2025-09-21 12:00 | +1.8750%/-1.8750% |
| 2025-09-21 16:00 | +1.8750%/-1.8750% |
| 2025-09-21 20:00 | +1.8750%/-1.8750% |
| 2025-09-22 00:00 | +1.8750%/-1.8750% |
For details regarding the funding rates, users are encouraged to refer here.
Implications for Traders
These adjustments may impact trading strategies, particularly for those relying on short-term funding rates. It is crucial for traders to reassess their positions and strategies in light of these changes, especially considering the extended funding rate interval of four hours.
Important Notes
- Bitget reserves the right to modify, amend, or retract these adjustments at any time without prior notice, especially in response to market volatility.
- Users are advised to review the updated funding rates before placing orders to remain conscious of potential trading risks.
Conclusion
In conclusion, the changes to the funding rate for API3USDT perpetual futures by Bitget represent a critical move to enhance the trading experience on the platform. By providing a more stable and predictable funding environment, Bitget continues to reinforce its commitment to serving its user base. Traders should stay informed and adapt their strategies accordingly as the adjustments take effect.