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MEXC SCA USDT-M Futures Funding Rate Settlement Frequency Adjustment (March 14)

Dear MEXCers,

On 04:15, March 14, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the SCA USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

SCAUSDT Futures Maximum Funding Rate

08:00, March 14, 2024

+3.00% / -3.00%

16:00, March 14, 2024

+3.00% / -3.00%

00:00, March 15, 2024

+3.00% / -3.00%

08:00, March 15, 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

14 March 2024