Notice of Update on Funding Fee Settlement Display

Dear CoinCatchers,

To enhance the clarity and efficiency of funding fee settlements, we have optimized the display method for funding fee settlements on our platform. Below are the detailed updates:

Before the update, the system will calculate and display funding fee payments and earnings separately for your Long and Short positions. This meant that if you held both long and short positions in the same product, you would see two independent funding fee settlement records.

After the update, the system will calculate the funding fee based on your net position in the same product and display a single, consolidated settlement record. The final funding fee you pay or receive will be the net difference between the long and short position fees.

In simple terms: The settlement logic remains unchanged, but the display method has shifted from "calculating long and short fees separately" to "showing only the net amount after offsetting long and short positions."

This update only modifies the front-end display method. The calculation rules, collection frequency, and underlying logic of the funding rate remain completely unaltered. Your funding costs are identical to before the update.

Thank you for your continued support and trust in CoinCatch.

If you have any questions, please feel free to contact our customer service at [email protected].