Important Changes to Perpetual Futures Funding Rates

Scheduled Maintenance Report for Kraken

Completed

The funding rate change has been completed.

Information on the updated funding rate methodology can be found at the following links:

For Linear Perpetual Futures:
https://support.kraken.com/hc/en-us/articles/4844359082772-Linear-Multi-Collateral-Perpetual-Contract-Specifications

For Inverse Perpetual Futures:
https://support.kraken.com/hc/en-us/articles/360022835911-Inverse-Crypto-Collateral-Perpetual-Contract-Specifications

Posted Sep 29, 2022 - 13:32 UTC

Scheduled

On September 29, 2022 at 12:00 UTC, there will be two funding rate changes that will affect all futures perpetual contracts:

- Funding rate realization time will change to 24 hours from 8 hours, funding will therefore settle at the end of every hour
- Maximum relative funding rate will change to 0.25% from 0.1%, the funding rate per hour will therefore be capped at ± 0.25%

Trading will continue unaffected during the change.

Posted Sep 22, 2022 - 09:47 UTC

This scheduled maintenance affected: Kraken Derivatives (User Interface, REST API, Websocket API).