Binance changes funding schedule for nine contracts
Binance Futures is preparing to change the funding schedule for nine USDⓈ-Margined TradFi perpetual contracts as part of an adjustment to its derivatives offering.
According to Binance’s official announcement, the change will take effect from 2026-09-10 at 08:15 UTC. The affected contracts will move from funding settlements every eight hours to every four hours.
At the same time, Binance will change the funding-rate cap and floor for the contracts to +1.00% and -1.00%, respectively. The adjustment applies specifically to the nine contracts listed in the exchange notice.
Which TradFi perpetual contracts are affected?
The nine USDⓈ-Margined TradFi perpetual contracts covered by the change are:
MEITUANUSDT
KUAISHOUUSDT
GIGADEVUSDT
POPMARTUSDT
TENCENTUSDT
HK1810USDT
HK0700USDT
ZHIPUUSDT
MINIMAXUSDT
These products are part of Binance's TradFi perpetual offering, which allows eligible users to trade perpetual contracts linked to traditional financial assets. Binance previously described its TradFi perpetuals as USDT-settled contracts that track the price movements of underlying traditional-finance assets rather than requiring users to directly own those assets. Binance’s TradFi perpetual contract overview provides additional background on the product category.
Funding schedule will move to four-hour intervals
Under the new arrangement, the affected contracts will have funding settlements at four-hour intervals rather than the previous eight-hour schedule.
Binance's notice provides the following transition schedule in UTC:
Time (UTC) | Maximum Funding Rate |
|---|
Sept. 10, 08:00 | +2.00% / -2.00% |
Sept. 10, 12:00 | +1.00% / -1.00% |
Sept. 10, 16:00 | +1.00% / -1.00% |
Sept. 10, 20:00 | +1.00% / -1.00% |
Subsequent intervals | +1.00% / -1.00% |
The first listed funding period retains the ±2.00% maximum rate, while subsequent periods move to the new ±1.00% ceiling and floor.
Binance's Funding Rate FAQ explains that funding payments are exchanged between holders of long and short perpetual positions. The funding amount is based on the nominal value of a position and its applicable funding rate.
What a funding-rate change means
Funding is a mechanism used in perpetual contracts to help keep the contract price aligned with its underlying reference price. Unlike traditional futures contracts, perpetual contracts do not have an expiration date, so periodic funding payments are used as part of the pricing mechanism.
A funding payment is transferred between traders rather than being charged by Binance as a standard trading fee. Depending on the funding rate and whether a trader holds a long or short position, the trader may either pay or receive the funding amount.
Under Binance's general funding framework, the standard funding interval is normally eight hours. However, Binance can change funding intervals and funding-rate limits when market conditions warrant it. Binance’s funding-rate guidance explains how these adjustments can affect perpetual contracts.
For traders holding one of the nine affected TradFi contracts, moving to four-hour settlements means funding will be assessed more frequently than under the previous eight-hour schedule.
The contracts have a special funding-interval rule
The announcement contains an important exception that separates these contracts from Binance's general funding-interval adjustment rules.
Although Binance's standard rules can allow a perpetual contract's funding interval to move from four hours to one hour when a previous funding settlement reaches the applicable cap or floor, that automatic adjustment will not apply to the nine contracts covered by this announcement.
In other words, reaching the funding-rate cap or floor will not automatically cause these contracts to move from four-hour settlements to one-hour settlements. Binance said it will issue a separate announcement if it decides to make such a change.
This exception is specifically highlighted in the exchange notice and should be considered alongside Binance's broader Exchange Rules.
Binance can still change contract specifications
The new funding schedule does not prevent Binance from making additional changes to the affected Futures products.
The exchange said it may adjust contract specifications according to market-risk conditions. Potential changes include the funding fee, tick size, maximum leverage, initial margin and maintenance margin requirements.
That means the Sept. 10 adjustment should not be interpreted as a permanent guarantee that all other specifications will remain unchanged. Binance retains the ability to modify the contracts as market conditions develop.
Users should therefore check the latest contract information before trading. Binance's Futures trading parameters page provides a central reference for perpetual-contract parameters.
Why the adjustment matters for traders
The main practical change is the frequency at which funding payments are settled. Traders who maintain open positions through the applicable funding times can be affected by those settlements.
Because funding is exchanged between opposing positions, the actual amount a trader pays or receives depends on the applicable funding rate and the nominal value of the position. A more frequent settlement schedule therefore changes the timing of these payments, while the new ±1% cap and floor establish the stated limits for the affected contracts after the initial transition period.
The change applies only to the nine contracts named in Binance's announcement. It does not represent a blanket change to every USDⓈ-Margined perpetual contract on the exchange.
Binance emphasizes the latest notice takes priority
Binance noted that its announcement is issued under Exchange Rule 17 and specifically states that the listed perpetual contracts are exempt from the general 8.1 funding-interval adjustment rule described in its Futures FAQ.
The exchange also warned that discrepancies can exist between the English announcement and translated versions. Where there is a conflict, Binance said users should rely on the original English notice for the most accurate and up-to-date information.
For the nine affected TradFi perpetual contracts, the key change is therefore straightforward: funding moves from every eight hours to every four hours, while the funding cap and floor move to ±1%, beginning Sept. 10, 2026.
