MEXC MTLUSDT USDT-M Futures Funding Rate Settlement Frequency Adjustment (June 7)

MEXC

2023-06-07

Dear MEXCers,

From 16:00, June 7, 2023 (UTC) onwards, MEXC Futures will be adjusting the funding rate settlement frequency of MTLUSDT USDT-M futures to once every 4 hours. Details are as follows:

Time (UTC)	MTLUSDT Futures Maximum Funding Rate
16:00, June 7, 2023	+2.50% / -2.50%
20:00, June 7, 2023	+2.50% / -2.50%
00:00, June 8, 2023	+2.50% / -2.50%
04:00, June 8, 2023	+2.50% / -2.50%
……	+2.50% / -2.50%

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

Note:

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

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MEXC Team

8 June 2023