SuperEx to Resume ORCAUSDT USDT-M Perpetual Contract Funding Fee Settlement Frequency

Dear SuperExers,

As of April 17, 2025, SuperEx has adjusted the funding fee settlement frequency for the ORCAUSDT USDT-M perpetual contract, changing it from every 2 hours to every 4 hours. With this adjustment, the platform will settle funding fees every 4 hours—specifically at 00:00, 04:00, 08:00, 12:00, 16:00, and 20:00 (UTC) each day.

Please Note:

To protect user interests and reduce potential risks under extreme market conditions, SuperEx may implement additional protective measures for the ORCAUSDT USDT-M perpetual contract and other perpetual contracts without further announcements. These potential protective measures include, but are not limited to:

Adjusting leverage and margin (including the maximum leverage per tier, position limits, and maintenance margin rates)

Adjusting funding rates (including base interest rate, premium index, and rate caps)

Changing the components of the price index

Adopting a "Last Traded Price Protection Mechanism" for updating the mark price.

For more information, please refer to:

Introduction to Perpetual Funding Fee Rules

Forced Liquidation Explanation

Leverage Multiplier and Margin