Gate perpetual contract funding rate algorithm upgraded and optimized; officially implemented on May 27

Gate News: According to Gate’s official announcement on May 27, 2026

Gate will upgrade and optimize its Perpetual Contract funding rate calculation algorithm on May 27, 2026 at 00:00 (UTC+8). This optimization mainly involves two changes: upgrading the calculation method of the average premium index from a simple arithmetic average algorithm to a time-weighted average algorithm, and upgrading the funding rate calculation formula to support more flexible settlement cycles.

The updated funding rate calculation formula is adjusted to: funding rate = Clamp ([average premium index + Clamp ( base rate − average premium index, −0.05%, 0.05%)] / (8/N), funding rate floor, funding rate ceiling), where the base rate is adjusted to 0.01%, N is the funding rate settlement frequency, and the average premium index is adjusted to the time-weighted average of all calculated premium indices within the current period.