Adjustment to Perpetual Contract Funding Fee Settlement Times and Payment Rules
05/23/2025, 11:36:02
Dear KuCoin Users:
To provide a more professional trading service and enhance your trading experience, KuCoin will be updating the funding fee payment rules for perpetual contracts in phases. Funding fees will switch from a cross-period payment model to a current-period payment model. The settlement times will also be adjusted. Below are the details of these changes:
1. Funding Fee Settlement Time
-
Before the Update: For an 8-hour cycle, funding fee settlement times (UTC) were 04:00, 12:00, and 20:00.
-
After the Update: For an 8-hour cycle, funding fee settlement times (UTC) will be 00:00, 08:00, and 16:00.
2. Funding Fee Payment Rules
-
Before the Update: Funding fees were calculated based on the funding rate from the previous settlement time—this is known as cross-period payment. Example: For an 8-hour cycle, at 20:00 each day, the system would calculate the funding fee using the rate derived from the premium index between 04:00 and 12:00. As a result, the funding rate for the period between 12:00 and 20:00 would remain fixed.
-
After the Update: Funding fees will now be calculated using the funding rate at the current settlement time—this is known as current-period payment. Please note that the settlement time of funding fees has been changed. #Example: At 16:00 each day, the system will calculate the funding fee using the funding rate based on the premium index between 08:00 and 16:00, and the fee will be settled at 16:00. Please note that the funding rate may fluctuate up until settlement time, so you can manage your positions accordingly.
-
Special Notice: According to the update schedule below, all contracts will be charged the funding fee for the previous cycle at 04:00 (UTC) on the update date, and charged again for the current cycle 4 hours later at 08:00 (UTC).
After this update, funding fees will be settled based on the new timing and cycle rules. Please pay close attention to your contract positions.
Taking SOLUSDCM as an example, the funding fee settlement rules are as follows:
|
Funding Fee Payment Time(UTC)
|
Funding Rate Settlement Rules
|
|
2025.06.02 20:00
|
[Old] Based on premium from 06.02 04:00–12:00
|
|
2025.06.03 04:00
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[Old] Based on premium from 06.02 12:00–20:00
|
|
2025.06.03 08:00
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[New] Based on premium from 06.03 04:10–07:59
|
|
2025.06.03 16:00
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[New] Based on premium from 06.03 08:00–15:59
|
|
Subsequent periods follow this pattern...
|
|
3. Perpetual Contract Update Schedule
Phase I: Total of 4 perpetual contracts
Update Time: June 03, 2025 at 04:10 (UTC)
|
SOLUSDCM
|
XRPUSDCM
|
ASRUSDTM
|
ALPINEUSDTM
|
Note: ：
-
All perpetual contracts listed between the announcement and Phase I will be adjusted in Phase III.
-
After this first phase of updates, all newly listed perpetual contracts will by default adopt the new funding fee
settlement time and payment rules.
Phase II：Total of 67 perpetual contracts
Update Time: June 10, 2025 at 04:10 (UTC)
|
NXPCUSDTM
|
DOODUSDTM
|
B2USDTM
|
INITUSDTM
|
SKYAIUSDTM
|
SXTUSDTM
|
GORKUSDTM
|
|
EPTUSDTM
|
LAUNCHCOIN
USDTM |
MILKUSDTM
|
HAEDALUSDTM
|
VOXELUSDTM
|
OBOLUSDTM
|
SYRUPUSDTM
|
|
AERGOUSDTM
|
HYPERUSDTM
|
RFCUSDTM
|
AIOTUSDTM
|
SIGNUSDTM
|
WCTUSDTM
|
TIAUSDTM
|
|
INJUSDTM
|
APTUSDTM
|
PNUTUSDTM
|
STORJUSDTM
|
SEIUSDTM
|
ARBUSDTM
|
VRAUSDTM
|
|
MEWUSDTM
|
UXLINKUSDTM
|
SHIBUSDTM
|
WLDUSDTM
|
ENAUSDTM
|
ARUSDTM
|
LUNCUSDTM
|
|
ICPUSDTM
|
PEPEUSDTM
|
JASMYUSDTM
|
GRASSUSDTM
|
OPUSDTM
|
FETUSDTM
|
DOTUSDTM
|
|
TONUSDTM
|
BNBUSDTM
|
JUPUSDTM
|
MOODENG
USDTM |
DOGEUSDTM
|
NEARUSDTM
|
LINKUSDTM
|
|
RENDERUSDTM
|
UNIUSDTM
|
ONDOUSDTM
|
KASUSDTM
|
TAOUSDTM
|
FLOKIUSDTM
|
1000XUSDTM
|
|
GALAUSDTM
|
APEUSDTM
|
LTCUSDTM
|
AAVEUSDTM
|
RUNEUSDTM
|
SUIUSDTM
|
FILUSDTM
|
|
POPCATUSDTM
|
WIFUSDTM
|
AVAXUSDTM
|
BCHUSDTM
|
|
|
|
Phase III：Total of 350 perpetual contracts
Update Time: June 17, 2025 at 04:10 (UTC)
|
XBTUSDTM
|
ETHUSDTM
|
SOLUSDTM
|
XRPUSDTM
|
ADAUSDTM
|
MUBARAK
USDTM |
ETHFIUSDTM
|
|
TRUMPUSDTM
|
FARTCOIN
USDTM |
VIRTUALUSDTM
|
DEGENUSDTM
|
PEOPLEUSDTM
|
PORTALUSDTM
|
GRIFFAIN
USDTM |
|
GOATUSDTM
|
HYPEUSDTM
|
KAITOUSDTM
|
1000BONK
USDTM |
CHILLGUY
USDTM |
XBTUSDM
|
BRETTUSDTM
|
|
ALCHUSDTM
|
BOMEUSDTM
|
NEIROCTO
USDTM |
TURBOUSDTM
|
1000000MOG
USDTM |
HIPPOUSDTM |
MASKUSDTM
|
|
SIRENUSDTM
|
JELLYJELLY
USDTM |
XCNUSDTM
|
PARTIUSDTM
|
ORDIUSDTM
|
PENGUUSDTM
|
VINEUSDTM
|
|
AIXBTUSDTM
|
1000RATS
USDTM |
AVAAIUSDTM
|
HMSTRUSDTM
|
ZEREBRO
USDTM |
DOGSUSDTM
|
XRPUSDM
|
|
NOTUSDTM
|
EIGENUSDTM
|
AI16ZUSDTM
|
SUSDTM
|
XLMUSDTM
|
NEIROUSDTM
|
THETAUSDTM
|
|
BBUSDTM
|
ETHUSDM
|
ANIMEUSDTM
|
10000SATS
USDTM |
HBARUSDTM
|
MYROUSDTM
|
ZROUSDTM
|
|
CRVUSDTM
|
MELANIAUSDTM
|
VETUSDTM
|
SOLAYER
USDTM |
STXUSDTM
|
SWARMSUSDTM
|
ATOMUSDTM
|
|
ATHUSDTM
|
MEMEUSDTM
|
SPXUSDTM
|
XMRUSDTM
|
LDOUSDTM
|
CATIUSDTM
|
REZUSDTM
|
|
COOKIEUSDTM
|
ALGOUSDTM
|
OMUSDTM
|
TRXUSDTM
|
RAYUSDTM
|
DEEPUSDTM
|
CVCUSDTM
|
|
ULTIUSDTM
|
MEMEFIUSDTM
|
PRCLUSDTM
|
BERAUSDTM
|
FLMUSDTM
|
ETCUSDTM
|
USUALUSDTM
|
|
TOKENUSDTM
|
KOMAUSDTM
|
MAJORUSDTM
|
10000CAT
USDTM |
STRKUSDTM
|
PROMPTUSDTM
|
FXSUSDTM
|
|
PENDLEUSDTM
|
IOUSDTM
|
TRBUSDTM
|
ENSUSDTM
|
XAIUSDTM
|
SUNDOGUSDTM
|
DYDXUSDTM
|
|
GUNUSDTM
|
DOGUSDTM
|
NKNUSDTM
|
PYTHUSDTM
|
PONKEUSDTM
|
FLOCKUSDTM
|
IPUSDTM
|
|
BABYUSDTM
|
B3USDTM
|
MAVIAUSDTM
|
CETUSUSDTM
|
POLUSDTM
|
XBTUSDCM
|
SOLVUSDTM
|
|
MAGICUSDTM
|
SUPERUSDTM
|
YFIUSDTM
|
SONICUSDTM
|
AEROUSDTM
|
DRIFTUSDTM
|
PLUMEUSDTM
|
|
PIXELUSDTM
|
SUSHIUSDTM
|
BIOUSDTM
|
WALUSDTM
|
SOLUSDM
|
ARKMUSDTM
|
TUTUSDTM
|
|
NEOUSDTM
|
WOOUSDTM
|
WUSDTM
|
MORPHO
USDTM |
BMTUSDTM
|
HIVEUSDTM
|
MANAUSDTM
|
|
GRTUSDTM
|
ALPHAUSDTM
|
SANDUSDTM
|
MOCAUSDTM
|
FTTUSDTM
|
SHELLUSDTM
|
AXSUSDTM
|
|
ROSEUSDTM
|
IOTXUSDTM
|
RSRUSDTM
|
HIGHUSDTM
|
CROUSDTM
|
MANTAUSDTM
|
NILUSDTM
|
|
LEVERUSDTM
|
VANRYUSDTM
|
1000CHEEMS
USDTM |
GMTUSDTM
|
CYBERUSDTM
|
LPTUSDTM
|
METISUSDTM
|
|
STOUSDTM
|
IOTAUSDTM
|
DYMUSDTM
|
MOVEUSDTM
|
HIFIUSDTM
|
ETHUSDCM
|
LUNAUSDTM
|
|
KDAUSDTM
|
API3USDTM
|
ROAMUSDTM
|
SAGAUSDTM
|
BSVUSDTM
|
IMXUSDTM
|
CFXUSDTM
|
|
SSVUSDTM
|
AEVOUSDTM
|
DUCKUSDTM
|
BANANAUSDTM
|
ZEUSUSDTM
|
MERLUSDTM
|
1MBABYDOGE
USDTM |
|
CGPTUSDTM
|
KCSUSDTM
|
10000WEN
USDTM |
USDCUSDTM
|
CVXUSDTM
|
1INCHUSDTM
|
CAKEUSDTM
|
|
MINAUSDTM
|
COWUSDTM
|
MKRUSDTM
|
SWELLUSDTM
|
ZKUSDTM
|
CELOUSDTM
|
BIGTIMEUSDTM
|
|
LRCUSDTM
|
ALTUSDTM
|
BANUSDTM
|
JTOUSDTM
|
SUPRAUSDTM
|
LOOKSUSDTM
|
COTIUSDTM
|
|
SLERFUSDTM
|
XVGUSDTM
|
KSMUSDTM
|
MEUSDTM
|
LQTYUSDTM
|
CKBUSDTM
|
PUFFERUSDTM
|
|
AIUSDTM
|
BRUSDTM
|
EGLDUSDTM
|
ZRXUSDTM
|
YGGUSDTM
|
DUSDTM
|
TSTBSCUSDTM
|
|
VANAUSDTM
|
KERNELUSDTM
|
ENJUSDTM
|
ANKRUSDTM
|
ZILUSDTM
|
AUCTION
USDTM |
ONEUSDTM
|
|
OMNIUSDTM
|
IDUSDTM
|
QNTUSDTM
|
NCUSDTM
|
SCRUSDTM
|
ORCAUSDTM
|
ONTUSDTM
|
|
ACTSOLUSDTM
|
AGLDUSDTM
|
RDNTUSDTM
|
SNXUSDTM
|
PAXGUSDTM
|
PERPUSDTM
|
ACHUSDTM
|
|
SXPUSDTM
|
FLUXUSDTM
|
BLURUSDTM
|
LISTAUSDTM
|
POLYXUSDTM
|
HEIUSDTM
|
RAREUSDTM
|
|
COMPUSDTM
|
CHZUSDTM
|
MAVUSDTM
|
ZETAUSDTM
|
ZECUSDTM
|
TNSRUSDTM
|
WAVESUSDTM
|
|
PHBUSDTM
|
BNTUSDTM
|
EDUUSDTM
|
HSKUSDTM
|
GPSUSDTM |
RVNUSDTM
|
CATSUSDTM
|
|
BANDUSDTM
|
SPELLUSDTM
|
FORMUSDTM
|
UMAUSDTM
|
ZENUSDTM
|
BLASTUSDTM
|
VVVUSDTM
|
|
DASHUSDTM
|
ALICEUSDTM
|
DUSKUSDTM
|
XTZUSDTM
|
10000LADYS
USDTM |
AVAUSDTM
|
GMXUSDTM
|
|
XVSUSDTM
|
HOOKUSDTM
|
NMRUSDTM
|
XBTMM25
|
ILVUSDTM
|
FUNUSDTM
|
|
|
FUELUSDTM
|
TRUUSDTM
|
SKLUSDTM
|
JUSDTM
|
DODOUSDTM
|
ACEUSDTM
|
GUSDTM
|
|
CHRUSDTM
|
REDSTONE
USDTM |
BAKEUSDTM
|
ARPAUSDTM
|
CELRUSDTM
|
BELUSDTM
|
USTCUSDTM
|
|
HOTUSDTM
|
AXLUSDTM
|
ORBSUSDTM
|
CTSIUSDTM
|
DOTUSDM
|
THEUSDTM
|
TWTUSDTM
|
|
AUDIOUSDTM
|
RIFUSDTM
|
CARVUSDTM
|
ASTRUSDTM
|
GASUSDTM
|
MOVRUSDTM
|
10000COQ
USDTM |
|
AVAILUSDTM
|
GLMRUSDTM
|
OGNUSDTM
|
RONUSDTM
|
ALUUSDTM
|
QTUMUSDTM
|
KAVAUSDTM
|
|
DENTUSDTM
|
TUSDTM
|
STEEMUSDTM
|
VICUSDTM
|
ARKUSDTM
|
TAIKOUSDTM
|
FLOWUSDTM
|
|
XECUSDTM
|
C98USDTM
|
KAIAUSDTM
|
NAKAUSDTM
|
NTRNUSDTM
|
OMGUSDTM
|
MTLUSDTM
|
|
JOEUSDTM
|
STGUSDTM
|
BATUSDTM
|
CTCUSDTM
|
NFPUSDTM
|
FORTHUSDTM
|
OXTUSDTM
|
|
MDTUSDTM
|
XEMUSDTM
|
ICXUSDTM
|
KNCUSDTM
|
HFTUSDTM
|
AGIUSDTM
|
GTCUSDTM
|
|
MBOXUSDTM
|
WAXPUSDTM
|
SFPUSDTM
|
ZRCUSDTM
|
SUNUSDTM
|
POWRUSDTM
|
MLNUSDTM
|
|
AUSDTM (EOSUSDTM)
|
AGTUSDTM
|
AWEUSDTM
|
SUIUSDCM
|
DOGEUSDCM
|
PEPEUSDCM
|
BUSDTM
|
4. API Update
To help users better understand the funding fee settlement cycle and improve system integration, we will optimize the existing funding rate query API:
GET /api/v1/funding-rate/{symbol}/currentThe following two fields have been added:
period（Current Cycle Marker）-
Type: Integer（
0or1） -
Description: Indicates whether the current funding fee is charged in this cycle
-
1: indicates will be charged in the current cycle; -
0：indicates it is a cross-period fee record,not charged in the current cycle.
-
fundingTime（Next Settlement Time）-
Type: Timestamp (milliseconds)
-
Description: Indicates the next funding fee settlement time point, which can be used to synchronize periodic settlement timing.
API Compatibility Reminder:
This updated API is backward compatible. All existing fields remain unchanged, and the new fields will be returned uniformly. Please complete the parsing support as soon as possible.
Thanks for your understanding and support!
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 balance. This information should not be regarded as investment advice 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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