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Derivatives & Liquidations

Bitget Adjusts Funding Rate Base Interest for Pre-IPO Products

Bitget has announced an adjustment to the annualized base interest rate parameter used in funding rate calculations for Pre-IPO TradFi perpetual futures.

Bitget Adjusts Funding Rate Base Interest for Pre-IPO Products
Image: BullishMarketCap

Cryptocurrency exchange Bitget announced an upcoming adjustment to the annualized base interest rate parameter utilized in the funding rate calculation formula for its Pre-IPO TradFi perpetual futures products, according to an official platform notice.

Scope and Parameter Change

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The update applies across all Pre-IPO TradFi perpetual futures offered on the trading platform. The affected trading pairs include OPENAIUSDT, ANTHROPICUSDT, POLYMARKETUSDT, MOONSHOTUSDT, JIOUSDT, OURAUSDT, H100USDT, and B200USDT. Under the new parameters, the annualized benchmark interest rate within the funding rate calculation formula will shift from 0% to 0.005%.

The adjustment is scheduled to take effect at 17:00 UTC+8 on October 20, 2026, though the platform noted that the exact timing remains subject to actual system implementation.

Risk Management Guidance

Bitget cautioned that modifications to the base interest rate may alter the funding fees traders pay or receive on their open positions. Users have been advised to monitor real-time funding rate changes displayed directly on the futures trading page, manage leverage levels appropriately, and implement proper risk management protocols.

Key facts

  • Bitget adjusted the annualized base interest rate for Pre-IPO TradFi perpetual futures funding rates from 0% to 0.005%.
  • The change applies to eight trading pairs, including OPENAIUSDT, ANTHROPICUSDT, POLYMARKETUSDT, MOONSHOTUSDT, JIOUSDT, OURAUSDT, H100USDT, and B200USDT.
  • The adjustment takes effect at 17:00 UTC+8 on October 20, 2026.
  • Actual funding rates remain subject to real-time data displayed on the platform's futures trading page.
#Bitget#PerpetualFutures#Derivatives

Source: bitget.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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