Bybit Introduces Automatic Funding Rate Adjustments for Perpetual Contracts

Bybit has implemented a new automatic funding rate adjustment feature for its perpetual contracts, aiming to stabilize volatility and optimize contract management in dynamic market conditions. This feature dynamically adjusts the settlement frequency when funding rate deviations reach ±2%, affecting BTC, ETH, and USDT pairs. The system acts hourly until volatility stabilizes, then reverts back to the original frequency after fluctuations subside.