In this post:
- Bybit has launched an automatic funding rate settlement frequency adjustment feature for its Perpetual Contracts.
- The system will also shift the settlement frequency to once per hour when a Perpetual Contract’s funding rate reaches its preset upper or lower limit.
- The new feature will be accessible starting October 30 at 8:00 a.m. UTC, with full deployment expected by November 3 at 6:00 a.m. UTC.Â
Bybit, the world’s second-largest exchange by trading volume, on Monday launched an automatic funding rate settlement frequency adjustment feature for its Perpetual Contracts. The feature will be accessible starting October 30, 2025, at 8:00 a.m. UTC, with a full rollout expected by November 3, 2025, at 6:00 a.m. UTC.
The firm stated that the new feature dynamically adjusts funding rate settlement frequencies in line with real market conditions, thereby enhancing trading efficiency and responsiveness. The system will also automatically shift the settlement frequency to once per hour when a Perpetual Contract’s funding rate reaches its preset upper or lower limit during settlement.
Bybit’s new feature will not apply to some Perpetual Contracts
Bybit revealed that future updates to funding rate limits and settlement frequencies will be implemented automatically. The updates may also occur without separate announcements, according to the report.
The crypto exchange disclosed that the automatic change to hourly settlements may cause its system’s reversion and adjustment timing to change. Bybit said its system may revert to longer intervals depending on market conditions and without prior notice. The typical time for the firm to complete adjustments is about four minutes.
The crypto firm revealed that the automatic adjustment feature may be disabled for certain contracts based on liquidity or volatility considerations. At launch, the new feature will not apply to several Perpetual Contracts, including BTC/USDT, BTC/USDC, BTC/USD, ETH/USDT, ETH/USDC, ETH/USD, ETHBTC/USDT, or ETH/WUSDT.
Bybit also confirmed its funding Rate Settlement Schedule will include every 8 hours, 4 hours, and 2 hours. The exchange added that traders can now review the latest settlement frequency directly on the platform to adapt their strategies.
Bybit’s new feature signals the growing demand for perpetual swaps, with data from Jinse Finance showing that the total volume of perpetual contracts on on-chain exchanges reached roughly $2 trillion in Q3. The firm’s new initiative reflects its ongoing strategy to refine its trading infrastructure for institutional-grade precision and efficiency.
On-chain data also revealed that crypto perpetual futures recorded $100 million in forced liquidations within just 24 hours during the recent market crash. At the time of publication, Hyperliquid ranks first with a 47% market share of total trading volume of perpetual contracts, with Lighter and Aster both accounting for 36% of the market share.
Bybit announces new educational program with Master Trading Academy in Sri Lanka
Bybit on Tuesday launched a new educational initiative with Master Trading Academy (MTA), which is a Sri Lanka-based crypto education and trading community. Applications for the initiative will begin on November 17, and the exchange hopes the program will benefit eligible participants of select MTA courses focused on crypto trading fundamentals and risk management.
The firm partnered with MTA to sponsor 120 students for the program, and will commit up to 120 USDT per course in fee subsidies. Bybit noted that the exclusive Diploma in Cryptocurrency Trading & Market Analyst Mastery program integrates technical analysis with trading psychology principles to help both novice and experienced traders.
