MEXC STEEM USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 14)
Dear MEXCers,
On 03:15, November 14, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the STEEM USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | STEEMUSDT Futures Maximum Funding Rate |
04:00, November 14, 2023 | +3.00% / -3.00% |
08:00, November 14, 2023 | +3.00% / -3.00% |
12:00, November 14, 2023 | +3.00% / -3.00% |
16:00, November 14, 2023 | +3.00% / -3.00% |
…… | +3.00% / -3.00% |
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
14 November 2023