Binance Revives Funding Rate Settlement for 5 Key Perpetual Contracts Starting Today
Binance flips the switch back on funding rate calculations—just in time for traders to navigate another volatile crypto week.
Back in business: Five perpetual contracts regain their regular settlement rhythm after what Binance called a 'temporary adjustment' (read: damage control during last month's liquidity crunch).
Why it matters: Funding rates keep perpetuals pegged to spot prices—when exchanges tinker with the mechanism, arbitrageurs start sweating. Today's move suggests Binance's risk team sees calmer waters ahead... or at least wants you to think they do.
Wall Street whisper: 'Algorithmically enforced fair pricing' in crypto? How quaint—we'll believe it when hedge funds stop front-running retail on these very contracts.