Binance moves to exclude disrupted overnight data from stock-futures funding
Photo: CryptoSlate
Binance said its October 21 stock-futures funding calculation would exclude observations affected by an overnight connection problem. The adjustment covered its US-equity perpetual futures and targeted the inputs used to determine payments between opposing traders. The exchange’s October 21 notice reported intermittent network connectivity problems at an unnamed US overnight alternative trading system from 03:46 to 06:30 UTC that day. It said premium-index data for the affected period would be removed from the 08:00 UTC funding-rate calculation for all TradFi perpetuals with US equities as their underlying assets.
Source: CryptoSlate
