MEXC TURBO USDT-M Futures Funding Rate Settlement Frequency Adjustment (May 30)
Dear MEXCers,
On 16:20, May 30, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the TURBO USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | TURBO USDT Futures Maximum Funding Rate |
20:00, May 30, 2024 | +3.00% / -3.00% |
00:00, May 31, 2024 | +3.00% / -3.00% |
04:00, May 31, 2024 | +3.00% / -3.00% |
08:00, May 31, 2024 | +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.
Enjoy trading on MEXC.
MEXC Team
30 May 2024