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We'd like to inform you about some important updates regarding our 

We are updating our funding calculation method. Instead of using a straightforward average, we will now employ a weighted average that takes into account time intervals to calculate the Average Premium Index (P), this will be calculated using the following formula: (Premium Index _1 * 1 + Premium Index _2 * 2 +... + Premium Index _480 * 480)/(1 + 2 +... + 480), instead of the previous formula: (Premium Index _1+ Premium Index _2 +... + Premium Index _480 )/480. For instance, during an 8-hour funding period, each hour will be divided into 60-minute segments. The weighting for each interval will increase evenly according to an arithmetic progression.

At the same time, we are also making changes to our Impact Margin Notional Component, transitioning to using the quote coin instead of the base coin. For detailed information, please refer to the announcement linked 

To minimize the risks involved with the updates, and to ensure service stability, we will be gradually rolling out the updates, starting with selected contracts. Refer to the provided table for the list of contracts that the updates are applied to.

The above updates will be fully implemented on 

 and will be applied to all perpetual contracts thereafter. Please note that there may be a slight discrepancy between the scheduled time and the actual effective implementation. The first expected affected funding interval will be on

 for contracts with 4-hour settlement cycles, and on 

for contracts with 8-hour settlement cycles.

For further details regarding this funding adjustment and related FAQs, please refer to our Help Center article 

We appreciate your continued support as we work to enhance our services and provide a better trading experience for our users.

We'd like to inform you about some important updates regarding our funding calculation formula and related procedures:

Updates to Funding Calculation for Perpetual Contracts

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