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MEXC REEF USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 16)

Dear MEXCers,

On 07:30, October 16, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the REEF USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

REEF USDT Futures Maximum Funding Rate

08:00, Oct 16, 2024

+3.00% / -3.00%

12:00, Oct 16, 2024

+3.00% / -3.00%

16:00, Oct 16, 2024

+3.00% / -3.00%

20:00, Oct 16, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%

For the latest funding rate details, please refer to Information - Funding Rate History.

Note:

  1. The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.

  2. Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation.


Enjoy trading on MEXC.

MEXC Team

16 October 2024