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Binance Excludes Overnight Data from Stock-Futures Funding Calculation

Binance announced that it would exclude data affected by an overnight connectivity problem from its October 21 stock-futures funding calculation. The change targets premium-index inputs for the 08:00 UTC calculation. The exchange reported intermittent network connectivity problems at an unnamed US overnight alternative trading system from 03:46 to 06:30 UTC that day, which impacted the premium-index data used to determine payments between opposing traders.

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