What time does Binance contract settle

Binance futures contracts typically settle at 8:00 AM UTC on the contract's last trading day, while options contracts settle at 8:00 AM UTC on their expiration date.

Nov 11, 2024 at 11:50 am

What Time Does Binance Contract Settle?

Binance contract settlement times vary depending on the type of contract being traded. Here's a detailed breakdown of the settlement times for different Binance contracts:

1. Futures Contracts

Binance futures contracts settle on the last trading day of the contract's life. The settlement time is typically 8:00 AM UTC. However, the settlement time may vary for certain contracts. For example, the settlement time for quarterly futures contracts is the last Friday of the quarter at 8:00 AM UTC.

Steps to Find Futures Contract Settlement Time:

• Go to Binance Futures (www.binance.com/futures)
• Select the contract you want to trade.
• Click on the "Contract Details" tab.
• Scroll down to the "Settlement" section.
• The settlement time will be displayed in the "Settlement Time" field.

2. Options Contracts

Binance options contracts settle on the expiration date of the contract. The settlement time is typically 8:00 AM UTC. However, the settlement time may vary for certain contracts. For example, the settlement time for weekly options contracts is the Friday of the expiration week at 8:00 AM UTC.

Steps to Find Options Contract Settlement Time:

• Go to Binance Options (www.binance.com/en/options)
• Select the contract you want to trade.
• Click on the "Contract Details" tab.
• Scroll down to the "Settlement" section.
• The settlement time will be displayed in the "Settlement Time" field.