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MEXC STRAX USDT-M Futures Funding Rate Settlement Frequency Adjustment (March 8)

Dear MEXCers,

On 09:50, March 8, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the STRAX USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

STRAXUSDT Futures Maximum Funding Rate

12:00, March 8, 2024

+3.00% / -3.00%

16:00, March 8, 2024

+3.00% / -3.00%

20:00, March 8, 2024

+3.00% / -3.00%

00:00, March 9, 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.

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MEXC Team

8 March 2024