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MEXC CVX USDT-M Futures Funding Rate Settlement Frequency Adjustment (June 17)

Dear MEXCers,

On 08:10, June 17, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the CVX USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

CVX USDT Futures Maximum Funding Rate

12:00, June 17, 2024

+3.00% / -3.00%

16:00, June 17, 2024

+3.00% / -3.00%

20:00, June 17, 2024

+3.00% / -3.00%

00:00, June 18, 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.


Enjoy trading on MEXC.

MEXC Team

17 June 2024