TL;DR
Bybit, the world’s second-largest crypto exchange by trading volume, has unveiled a new automatic funding rate settlement frequency adjustment for its Perpetual Contracts. The feature dynamically modifies settlement intervals according to real-time market conditions, aiming to enhance trading efficiency and responsiveness. When a Perpetual Contract’s funding rate reaches preset upper or lower thresholds, the system automatically shifts to hourly settlements.
The feature is scheduled to be accessible from October 30, at 8:00 a.m. UTC, with full rollout by November 3, 2025, at 6:00 a.m. UTC. Bybit emphasized that adjustments may occur automatically, without prior announcement, and the system may revert to longer intervals depending on market conditions. Typical adjustment completion takes around four minutes. Traders can monitor the latest settlement frequency directly on the platform to fine-tune their strategies. The exchange also highlighted that these changes could enhance risk management for leveraged positions, especially during volatile market phases.
Bybit clarified that the feature will not initially apply to some high-liquidity Perpetual Contracts, including BTC/USDT, BTC/USDC, BTC/USD, ETH/USDT, ETH/USDC, ETH/USD, ETHBTC/USDT, or ETH/WUSDT. The new settlement schedule also includes intervals of 8, 4, and 2 hours, offering traders multiple options to align with their trading styles.
In addition to technological upgrades, Bybit has partnered with Sri Lanka-based Master Trading Academy (MTA) to launch an educational program. Applications open on November 17 for a Diploma in Cryptocurrency Trading & Market Analyst Mastery, integrating technical analysis with trading psychology.

Bybit will sponsor 120 students with up to 120 USDT per course, providing practical learning for both beginners and experienced traders. The initiative aims to foster deeper understanding of crypto risk factors while supporting responsible trading practices globally.
The new feature reflects Bybit’s ongoing efforts to enhance trading infrastructure and cater to growing demand for perpetual swaps. On-chain data shows crypto perpetual contracts reached $2 trillion in Q3, while recent market volatility caused $100 million in forced liquidations within 24 hours.