Bitget to Shift PRLUSDT Perpetual Futures Funding Interval to One Hour

According to Bitget, IDUSDT perpetual futures will move to hourly funding on May 29, 2026, adding another contract to the exchange’s recent derivatives parameter adjustments.

USDT

Summary

Bitget announced an additional derivatives update, stating that the funding interval for IDUSDT perpetual futures will change from every eight hours to every one hour starting May 29, 2026, at 17:00 UTC to better align perpetual futures prices with spot index prices. The exchange listed a maximum funding rate of +2.0000% and -2.0000% for the hourly timestamps shown. This adds to Bitget’s recent contract-specific derivatives changes, which also included shifting PRLUSDT to hourly funding on May 28, 2026, and revising leverage, position tiers, and maintenance margin settings for ALLOUSDT USDT-M perpetual futures on May 29, 2026. Bitget warned users to review updated contract parameters before trading and said separate announcements would be issued if changes are rescheduled because of market volatility.

Terms & Concepts
  • Perpetual futures: Crypto derivatives contracts with no expiry date, typically kept close to spot prices through periodic funding payments and often traded with leverage.
  • Funding rate: A periodic payment mechanism in perpetual futures that helps align the contract price with the underlying spot market price.
  • Maintenance margin rate: The minimum collateral level required to keep a leveraged position open before liquidation risk rises.