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Changes to Funding Rate Limits for RENUSDT Perpetual Contracts

Nov 29, 2024DerivativesInstitutions
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Starting Nov 29, 2024, 4:00PM UTC, Bybit will adjust the funding rate limits for RENUSDT Perpetual Contracts.

Funding Rate Limits

Limit

Before Adjustment

After Adjustment

Upper limit

+1.5%

+2%

Lower limit

-1.5%

-2%

Time

Max Funding Rate

2024-11-29 16:00 (UTC)

+2%/-2%

2024-11-30 00:00 (UTC)

+2%/-2%

2024-11-30 08:00 (UTC)

+2%/-2%

2024-11-30 16:00 (UTC)

+2%/-2%

2024-12-01 00:00 (UTC)

+2%/-2%

...

...

In view of these changes, we encourage users to trade responsibly and use a lower leverage level to protect their accounts from further risk.

Note: Funding rates and intervals may be adjusted further in extreme market conditions. For the most accurate and up-to-date information, always refer to our latest announcements.

If you have any questions or concerns about these changes, please don't hesitate to reach out to our Customer Support team. You can contact us through Live Chat or by submitting a case via this form.

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