Introduction
Bitget, a leading cryptocurrency exchange, has announced an adjustment to the funding rate interval for its LYNUSDT perpetual futures trading pair. This change, effective from 2025-10-09, aims to better align perpetual futures prices with spot index prices, ensuring a more seamless trading experience for users.
Details of the Adjustment
- Affected Trading Pair: LYNUSDT
- Adjustment Time: 2025-10-09 07:00 (UTC+0)
- Funding Rate Interval: Changed from every 4 hours to every 1 hour
The new funding rates will be established as follows:
| Time | Maximum Funding Rate |
|—————————–|———————-|
| 2025-10-09 07:00 (UTC+0) | +1.8750% / -1.8750% |
| 2025-10-09 08:00 (UTC+0) | +1.8750% / -1.8750% |
| 2025-10-09 09:00 (UTC+0) | +1.8750% / -1.8750% |
| 2025-10-09 10:00 (UTC+0) | +1.8750% / -1.8750% |
| …… | … |
Implications for Traders
This adjustment is particularly significant for those actively trading LYNUSDT perpetual futures. The newly defined hourly funding rate allows for more frequent adjustments, which can lead to better alignment with market dynamics. Traders should monitor these changes closely as they may affect the cost of holding positions.
Keeping Updated
Bitget has emphasized the importance of reviewing updated funding rates before placing orders and reminded traders to remain aware of potential trading risks associated with these changes.
Note: If adjustments require rescheduling due to factors like market volatility, Bitget will issue a separate announcement. The exchange reserves the right to modify this announcement at any time without prior notice.
Conclusion
These changes highlight Bitget’s commitment to enhancing the trading experience on its platform. Users are encouraged to stay informed by checking for updates regularly.