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Funding Adjustment for CRV Perpetual Contract

BITFINEX

Related type: Others

2023-08-01 22:31

Due to recent market developments, Bitfinex Derivatives* will be increasing the maximum Funding Payment Cap on the CRV-PERP from 25 basis points to 50 basis points. This adjustment will be effective from 4:00 PM UTC on 01/08/23. The above summary description is for convenience purposes only. The funding payments associated with perpetual contracts are more particularly described in the updated Derivative Funding Payment Summary here. If there are any differences between the description above and the Derivative Funding Payment Summary, the Derivative Funding Payment Summary will govern. Please read it carefully to ensure you understand the funding payments associated with products available on the derivatives platform. *The derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this post are references to iFinex Financial Technologies Limited.