Bybit Introduces Dynamic Funding Rate Settlement Frequency for Perpetual Contracts

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an automatic funding rate settlement frequency adjustment feature for its Perpetual Contracts. The feature becomes effective on October 30, 2025, at 8 a.m. UTC, with full rollout expected by November 3, 2025, at 6 a.m. UTC.

The system dynamically adjusts settlement frequencies based on real-time market conditions to enhance trading efficiency and responsiveness. When a Perpetual Contract's funding rate reaches preset upper or lower limits (e.g., ±2%) during settlement, it automatically shifts to hourly settlements. For instance, if a contract settling every four hours hits the limit at 8 a.m. UTC+8, the next settlement occurs at 9 a.m. UTC+8.

Adjustments are typically completed within about four minutes, and the system may revert to longer intervals (every 2, 4, or 8 hours) without prior notice. However, the feature will not initially apply to high-liquidity contracts like BTCUSDT, BTCUSDC, BTCUSD, ETHUSDT, ETHUSDC, ETHUSD, ETHBTCUSDT, or ETHWUSDT, and it may be disabled for certain contracts based on liquidity or volatility.

Additionally, Bybit has partnered with Master Trading Academy to launch an educational program, offering a Diploma in Cryptocurrency Trading & Market Analyst Mastery, with applications opening on November 17, 2025, and sponsorship for 120 students.