WOO X will change the cap of the funding rate and funding fee settlement interval for CYBER-PERP on Sep 2nd, 2023 at 10:00 (UTC).
- Cap of the funding rate will be changed from 2.0% to 2.5%
- Funding fee settlement interval from every 8 hours to every 2 hours
- The next funding will occur at Sep 2nd, 2023 at 12:00 UTC
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