’s UMAUSDT Perpetual Contract Funding Rate Now Settles Hourly

The Funding Rate Changes at Closer. has made a huge update to the USDⓈ-M UMAUSDT Perpetual Contract’s funding rate settlement frequency, per an announcement from the organization. The frequency was increased to hourly, the trading experience has significantly improved. This change has undoubtedly resulted in a remarkable enhancement in the user’s overall trading experience.

The Funding Rate Changes at Closer.

It’s amazing how these little details can have a big impact on trading strategies! Now settlements happen on the hour, making it easier for traders to get up-to-date information and manage funding rate volatility.

Understanding the Hourly Funding Rate

The hourly funding rate is currently set at 0.00150% for the time period between 00:00 and 04:00 UTC. This is a firm and non-negotiable rate. This rate varies with the change in the market.

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The Impact on Traders

Real-Time Funding Rate Adjustments

As a trader, you can confidently rely on our cutting-edge technology to adjust your funding fees with absolute precision and in real time to keep pace with the constantly evolving market conditions.

Predicting the Next Funding Rate confidently provides an estimated funding rate with precision. For instance, the estimated rate for the upcoming interval of 04:00-8:00 is -.6%.

The Benefits of Hourly Settlements

Increased Transparency and Control

The hourly settlement provides traders with an additional level of transparency over their positions. They can have more regular updates of plans, which they will be able to control better.

Adapting to Market Dynamics

The new trading dynamics permit traders to change faster in response to the market. It is this responsiveness that plays an important role in the fast-paced world of cryptocurrency trading.

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Conclusion: Step Ahead For Crypto Traders at The redefining the funding rate settlement frequency for UMAUSDT Perpetual Contract traders is a positive move in this regard. It offers a finer and more reliable reflection of the market, resulting in better trades on the basis of information.