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Binance Adjusts US Stock Perp Funding After Blue Ocean’s Overnight Trading Halt

Binance Adjusts US Stock Perp Funding After Blue Ocean’s Overnight Trading Halt

Photo: Unchained

Binance left nearly three hours of price data out of funding payments on its US stock perpetual futures after a connectivity problem hit an American overnight trading venue. In a post on Binance Square at 07:21 UTC on Wednesday, the exchange’s official news account said Binance would exclude the premium index for the affected period only from the 08:00 UTC funding rate calculation on Oct. 21, for TradFi Perps tied to any US equity.

Source: Unchained

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