WOO X will change the cap of the funding rate (for perpetual swaps) and funding fee settlement interval on April 10th, 2023 at 08:00 (UTC).
- Funding fee settlement interval from hourly to every 8 hours
- Cap of the funding rate set to 2%
Further notice will be made if any further changes are made.
1. You can find the current and next funding rates from the account or trading page. In addition, WOO X also provides the data panel of funding rates from other major exchanges.
2. In extreme market conditions, the highest or lowest funding rate cap used in the funding rate calculation and the settlement interval will be adjusted to account for the market.
The information above is provided for general reference only and is subject to change at WOO X's sole discretion.
WOO X Team