Dear ApolloX Users,
ApolloX has made adjustments to the leverage, margin tiers, funding rate settlement frequency, and capped funding rate multiplier of the BNXUSDT Perpetual Futures Contract on 2022-12-04 at 16:00 (UTC).
- New Leverage & Margin Tiers of USDⓈ-M BNXUSDT Perpetual Contracts: Leverage and Margin
- New Funding Rate Settlement Frequency of USDⓈ-M BNXUSDT Perpetual Contracts:every two hours
- Existing positions opened before the updates will be affected. It is strongly advised to adjust the position and leverage in order to avoid any potential liquidation.
- Please note that there may be further adjustments to the funding rate settlement frequency. There will be no further announcements.
- The capped funding rate multiplier for BNXUSDT Perpetual Futures Contract is raised from 0.75 to 1.
- Maintenance margin rate change will affect the funding rate. For more details on funding rate, please refer to Funding rate
For more information：