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OKX to Halve Funding Fee Settlement Interval for BARDUSDT Perpetual Contracts

The exchange will implement the change on September 28, 2025, moving from a 4-hour to a 2-hour settlement cycle.

Summary

OKX will update the funding fee settlement frequency for KAITOUSDT perpetual contracts to every 2 hours, starting September 28, 2025, a shift from the previous 4-hour interval. This change will impact the timing of funding payments for traders involved in this specific perpetual contract.

Terms & Concepts
  • Funding Fee: A periodic payment exchanged between traders in perpetual futures markets to keep contract prices aligned with the underlying asset price.
  • Perpetual Contract: A type of futures contract without an expiry date, often used in cryptocurrency trading with funding fees to maintain price parity with the spot market.
  • Settlement Frequency: The interval at which funding fees are calculated and exchanged between traders in derivative contracts.