Introduction
Bitget, a leading cryptocurrency exchange, has announced a change in the funding rate interval for its MIRAUSDT perpetual futures. This adjustment aims to better align perpetual futures prices with spot index prices, which is crucial for traders aiming to optimize their positions in the volatile crypto market.
Overview of the Adjustment
The funding rate interval will be adjusted from every hour to every four hours. This change will take effect on October 7, 2025, at 20:00 UTC. Below are the details of the new funding rates for the affected trading pair:
| Time (UTC) | Maximum Funding Rate |
|———————|———————–|
| 2025-10-07 20:00 | +2.0000% / -2.0000% |
| 2025-10-08 00:00 | +2.0000% / -2.0000% |
| 2025-10-08 04:00 | +2.0000% / -2.0000% |
| 2025-10-08 08:00 | +2.0000% / -2.0000% |
| …… | …… |
Reasons Behind the Change
This adjustment is significant for several reasons:
- Price Alignment: By changing the funding rate interval, the exchange seeks to ensure that the prices of perpetual futures more closely mirror those of spot indices, which can enhance the trading experience for users.
- Market Volatility: In a high-volatility market, real-time adjustments are vital for mitigating risks, and having a longer interval may help stabilize funding costs over time.
Impact on Traders
Traders utilizing the MIRAUSDT perpetual futures should be aware of the following:
- Review Funding Rates: Before placing new orders, traders should familiarize themselves with the updated funding rates to understand the potential costs.
- Risk Management: With changes in funding rates, traders should revisit their risk management strategies to accommodate the new structure, particularly in highly volatile environments.
Implementation Note
While the new funding rate interval goes live on October 7, there is a note of caution from Bitget regarding potential rescheduling due to market volatility. Therefore, it is essential to stay updated with Bitget’s announcements.
Conclusion
The adjustment to the funding rate interval for MIRAUSDT perpetual futures by Bitget reinforces its commitment to maintaining a robust and trader-friendly platform. As always, traders are encouraged to remain vigilant, review their positions regularly, and adapt their strategies in response to changing market conditions.