AscendEX Resumes 4-Hour Funding Settlements

AscendEX Brings Back 4-Hour Funding Settlements for RVN and MASK Futures Contracts

Let’s talk about something traders care deeply about: funding rate settlements. On July 21, 2025, AscendEX officially resumed its funding fee settlement schedule for RVNUSDT and MASKUSDT perpetual contracts. This isn’t just a procedural update—it directly affects the cost of holding leveraged positions and how often traders see those costs applied.

So, what’s actually happening? AscendEX is bringing back the standard 4-hour settlement cycle for these two contracts. If you’ve traded perpetual futures before, you know how this works. Every few hours, depending on whether you’re long or short, you either pay a small fee or receive one—basically, depending on market sentiment and open interest distribution. The more skewed the market is, the more you might pay or earn.

Until now, it seems that this settlement frequency had either been paused or adjusted, possibly due to volatility or platform updates. But starting from 2:00 PM UTC on July 21, the funding fees for RVNUSDT and MASKUSDT contracts will be calculated and settled every four hours again.

Now here’s the key detail that traders shouldn’t ignore: the maximum funding rates.

For RVNUSDT, it’s +2.00% or -2.00%
For MASKUSDT, it’s +0.75% or -0.75%

This upper limit matters. If the market heats up—say there’s a big imbalance between longs and shorts—these rates define how high the funding fees can go. That directly impacts the cost (or gain) of holding your position. For RVN, especially, a 2% swing every four hours can add up fast if you’re overleveraged or holding size.

So what does this mean for you, the trader?

If you’re currently in a position—or planning to jump into one—on either of these contracts, you’ll want to keep a close eye on those funding rates. Every four hours, like clockwork, that rate kicks in. Depending on where you stand, it might nibble at your profit margin—or pad it.

Also, don’t forget that these fees reflect market sentiment. A positive rate generally means the long side is crowded; a negative one means shorts dominate. Watching funding rates isn’t just about calculating costs—it’s a useful tool for reading crowd psychology in real-time.

AscendEX hasn’t just reinstated these rates randomly. Bringing back the 4-hour cycle tells us they’re confident in the contract’s liquidity and stability. It signals a return to normal trading conditions, possibly after a period of erratic activity or system calibration.

If you’re not familiar with how funding fees work or how they’re calculated, AscendEX has a detailed breakdown available in their Futures Funding Rate Explanation. It’s worth the read, especially if you trade these instruments frequently or with leverage.

One last point—this update also signals that AscendEX is paying attention to trader experience and transparency. A predictable fee schedule is critical for serious traders who need to manage exposure and understand their real cost basis across holding periods.

TL;DR:

AscendEX resumes funding settlements for RVNUSDT and MASKUSDT perpetual contracts.
Settlement happens every 4 hours starting 2:00 PM UTC, July 21, 2025.
Max funding rates: RVNUSDT: ±2.00%, MASKUSDT: ±0.75%
Why it matters: Higher costs (or gains) for leveraged positions during market imbalance.
Next step: Check the detailed funding fee documentation if you’re trading these contracts.