Binance cuts nearly three hours of Blue Ocean data from US stock perp funding

Network issues at the overnight trading venue led Binance to drop premium index data from a funding settlement on its TradFi perpetual contracts Binance has removed nearly three hours of price data from the funding rate calculations on its US stock perpetual contracts. The cause was not a crypto exchange meltdown. It was a connectivity problem at a traditional trading venue. The venue was Blue Ocean, an alternative trading system that handles US equity trades after the regular session closes.