Binance moves to exclude disrupted overnight data from stock-futures funding

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Binance announced that the affected premium observations would be excluded from its October 21 funding calculation for US-equity perpetual futures. Intermittent network connectivity problems were reported between 03:46 and 06:30 UTC at an unnamed US alternative trading system. Premium-index data for the affected period were removed from the 08:00 UTC funding-rate calculation for all perpetual futures tied to US equities. The intervention concerns the input data used to determine transfers between long and short positions, rather than the cancellation of those payments. Binance disclosed no resulting funding rates, trader payment amounts or compensation commitment.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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