My Funded PerpsCrypto/PerpsLoss limitPayout

My Funded Perps Signature: loss limits now value open positions at the order book midpoint

My Funded Perps now values open positions at the order book midpoint, halfway between the best bid and the best ask, when it checks its Signature accounts' loss limits on Binance, Bybit and Hyperliquid markets. Its rules page used to say equity is checked every time the mark price moves. The page now says the midpoint can differ from the venue's published mark price in a fast move.

What changed

Total and daily loss

My Funded Perps · Signature · $10,000

Previously recordedMaximum drawdown $600, 6% of the starting balance, static: the floor ($9,400) does not follow profits. Daily loss limit $300, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every mark-price move, and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.
Newly observedMaximum drawdown $600, 6% of the starting balance, static: the floor ($9,400) does not follow profits. Daily loss limit $300, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every move of the valuation price (on Binance, Bybit and Hyperliquid markets, the order book midpoint), and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.

Unchanged: The limits, their floors and the daily reset are unchanged; only the price that values open positions is new.

Evidence: My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read ; My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read

Total and daily loss

My Funded Perps · Signature · $25,000

Previously recordedMaximum drawdown $1,500, 6% of the starting balance, static: the floor ($23,500) does not follow profits. Daily loss limit $750, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every mark-price move, and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.
Newly observedMaximum drawdown $1,500, 6% of the starting balance, static: the floor ($23,500) does not follow profits. Daily loss limit $750, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every move of the valuation price (on Binance, Bybit and Hyperliquid markets, the order book midpoint), and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.

Unchanged: The limits, their floors and the daily reset are unchanged; only the price that values open positions is new.

Evidence: My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read ; My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read

Total and daily loss

My Funded Perps · Signature · $50,000

Previously recordedMaximum drawdown $3,000, 6% of the starting balance, static: the floor ($47,000) does not follow profits. Daily loss limit $1,500, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every mark-price move, and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.
Newly observedMaximum drawdown $3,000, 6% of the starting balance, static: the floor ($47,000) does not follow profits. Daily loss limit $1,500, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every move of the valuation price (on Binance, Bybit and Hyperliquid markets, the order book midpoint), and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.

Unchanged: The limits, their floors and the daily reset are unchanged; only the price that values open positions is new.

Evidence: My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read ; My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read

Total and daily loss

My Funded Perps · Signature · $100,000

Previously recordedMaximum drawdown $6,000, 6% of the starting balance, static: the floor ($94,000) does not follow profits. Daily loss limit $3,000, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every mark-price move, and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.
Newly observedMaximum drawdown $6,000, 6% of the starting balance, static: the floor ($94,000) does not follow profits. Daily loss limit $3,000, 3% of the starting balance, measured from each day's opening equity and reset at midnight New York time. Equity, including open profit or loss, is checked at every move of the valuation price (on Binance, Bybit and Hyperliquid markets, the order book midpoint), and reaching either floor for an instant fails the account. The same limits apply once funded; the first withdrawal locks the drawdown floor permanently at the starting balance, and equity exactly at it is then allowed.

Unchanged: The limits, their floors and the daily reset are unchanged; only the price that values open positions is new.

Evidence: My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read ; My Funded Perps · FAQ, read ; My Funded Perps · Challenges and Rules, read

Published processing time

All 4 accounts below

Previously recordedNo time is given. Every request is reviewed, and trading on the account is locked while it is pending; review and delivery can take longer than the daily request window. The payouts guide says requests are reviewed "automatically or by staff", the FAQ that they are "manually reviewed". Cash goes to the trader's Rise account.
Newly observedNo time is given. Every request is reviewed, and trading on the account is locked while it is pending; review and delivery can take longer than the daily request window. Requests may be reviewed automatically or by staff. Cash goes to the trader's Rise account.

Unchanged: Still no processing time; every request is reviewed, and the account is locked while it is pending.

Evidence: My Funded Perps · FAQ, read ; My Funded Perps · Payouts, read ; My Funded Perps · FAQ, read ; My Funded Perps · FAQ, read ; My Funded Perps · Payouts, read

Who it affects

The 4 accounts we review in full, each linking to its current rules:

New purchases
YesThe rules page gives the midpoint valuation as the rule on Binance, Bybit and Hyperliquid markets, with no date or purchase condition.

Evidence: My Funded Perps · Challenges and Rules, read

Accounts bought earlier
Not stated in the sources we reviewedThe rules page does not say whether accounts bought earlier keep the mark-price valuation.
Retroactive effect
Not stated in the sources we reviewedNot stated in the pages we read.

When it changed

Announced
Not establishedMy Funded Perps' pages we read give no date for the change.
Effective
Not establishedMy Funded Perps' pages we read give no date for the change.
Noticed by PFW
Our page watcher found My Funded Perps' rules page rewritten on 11 November 2026 (11:58 UTC); we read it, the FAQ and the payouts guide again on 12 November, when the FAQ's sentence on payout reviews had changed too.

Changed between , our last reading of the earlier state, and , our first reading of the new one. These are the days we read the pages, not proof of when the change took effect.

Evidence: My Funded Perps · Challenges and Rules, read ; My Funded Perps · Challenges and Rules, read

What this means

The limits themselves are unchanged: on the $10,000 Signature account the maximum drawdown is still $600, a static floor at $9,400, and the daily loss limit $300, reset at midnight New York time (see the loss limits). Equity is still checked continuously, and touching either floor for an instant still fails the account. What changed is the price that sets that equity. In a fast or thin market the midpoint can sit away from the mark price, so an open position can reach a floor at a different moment than it would have before. The rules page says the profit target is valued the same way.

The FAQ no longer says payout requests are "manually reviewed". It now says every request is reviewed before it is paid, which fits the payouts guide's "automatically or by staff". No processing time is given, as before.

We first saw the rewritten rules page on 11 November 2026; our page watcher's previous copy, on 5 November, still named the mark price. My Funded Perps gives no date for the change and does not say whether accounts bought earlier keep the old valuation. Its Select and Elite accounts changed the same way.

Sources and observations

The firm’s own pages, each with the day we read it. Today’s version of a page can differ from what we read then.

  1. Old valueOfficial source

    My Funded Perps · FAQ (opens in a new tab)

    myfundedperpetuals.com · Read by PFW on

    The FAQ's answers on Signature's loss limits, as the release of 11 November 2026 cites them.

  2. Old valueOfficial source

    My Funded Perps · Challenges and Rules (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on

    The rules page gave the loss limits and said equity is checked every time the mark price moves, as the release of 11 November 2026 cites it.

  3. New valueOfficial source

    My Funded Perps · FAQ (opens in a new tab)

    myfundedperpetuals.com · Read by PFW on at 06:42 UTC

    “Select has a 9% profit target and 3% static maximum drawdown. Signature has a 10% profit target and 6% static maximum drawdown.”; “All three have a 3% daily loss limit, no consistency rule, no minimum trading-day requirement, and no evaluation time limit.”; “The trading day resets at midnight New York time.”; “Reaching or falling below the daily loss floor fails the account.”; “On Select, Prime, and Signature, the first withdrawal locks the maximum loss limit (MLL) floor permanently to starting balance. Later withdrawals never move it. Equity exactly at that locked floor is allowed; falling below it breaches.”; “Every payout request is reviewed before it is paid.”

    Reading details

    Read in the app browser, every answer opened.

  4. New valueApplicabilityOfficial source

    My Funded Perps · Challenges and Rules (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on at 06:39 UTC

    “Equity is checked every time the valuation price moves, not only when a trade settles.”; “if it reaches a loss floor for an instant, the account fails, even if the price moves back right after.”; “On Binance, Bybit, and Hyperliquid markets, the loss rules and profit target value open positions at the order book midpoint (halfway between the best bid and the best ask).”

    Reading details

    Read in the app browser.

  5. Old valueOfficial source

    My Funded Perps · FAQ (opens in a new tab)

    myfundedperpetuals.com · Read by PFW on

    The FAQ said: “Payout requests are manually reviewed.”

  6. Old valueOfficial source

    My Funded Perps · Payouts (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on

    The payouts guide said requests “may be reviewed automatically or by staff”.

  7. New valueOfficial source

    My Funded Perps · Payouts (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on

    “Requests may be reviewed automatically or by staff.”; “Approved payouts are delivered to the connected Rise account.”

  8. Last old readingOfficial source

    My Funded Perps · Challenges and Rules (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on at 12:29 UTC

    Still: “Equity is checked every time the mark price moves, not only when a trade settles.”

    Reading details

    Read by our page watcher.

  9. First observationOfficial source

    My Funded Perps · Challenges and Rules (opens in a new tab)

    docs.myfundedperpetuals.com · Read by PFW on at 11:58 UTC

    “On Binance, Bybit, and Hyperliquid markets, the loss rules and profit target value open positions at the order book midpoint (halfway between the best bid and the best ask). That midpoint can differ from the venue's published mark price in a fast move.”

    Reading details

    Read by our page watcher.

  10. Last old readingOfficial source

    My Funded Perps · FAQ (opens in a new tab)

    myfundedperpetuals.com · Read by PFW on at 12:06 UTC

    Unchanged since 5 November, when it said: “Payout requests are manually reviewed.”

    Reading details

    Read by our page watcher, which keeps a page's text when it changes.

Record history

  • Published as record PFW-CH-0025.

Related changes

Related records concern the same firm and market; a link does not mean one change caused the other.

All My Funded Perps changes · My Funded Perps’s accounts we cover · All changes