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Changes to Funding Rate Intervals for MAGICUSDT Perpetual Contract
Dear KuCoin User,
To better align perpetual futures prices with spot index prices, KuCoin Futures will adjust the funding rate settlement frequency for the MAGICUSDT Perpetual Contract at 10:00 (UTC) on July 09, 2025.
The funding rate settlement frequency will be changed from once every 8 hour(s) to once every 2 hour(s).
Details of the adjustment are as follows:
Funding Rate Intervals
Symbol | Before Adjustment | After Adjustment |
MAGICUSDT | Every 8 Hour(s) | Every 2 Hour(s) |
Time | Max Funding Rate |
2025-07-09 10:00（UTC 0） | 2.0%/-2.0% |
2025-07-09 11:00（UTC 0） | 2.0%/-2.0% |
2025-07-09 12:00（UTC 0） | 2.0%/-2.0% |
... | ... |
The KuCoin Futures Team
Risk Warning: Futures trading is a high-risk activity with the potential for huge gains and huge losses. Previous gains do not indicate future returns. Severe price fluctuations may result in the forced liquidation of your entire margin baMAGICnce. This information should not be regarded as investment adMAGICe from KuCoin. All trading is done at your own discretion and your own risk. KuCoin is not liable for any losses resulting from Futures trading.
Thank you for your support!
The KuCoin Team
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