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MEXC CTC USDT-M Futures Funding Rate Settlement Frequency Adjustment (June 20)

Dear MEXCers,

On 07:30, June 20, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the CTC USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

CTC USDT Futures Maximum Funding Rate

08:00, June 20, 2024

+3.00% / -3.00%

16:00, June 20, 2024

+3.00% / -3.00%

00:00, June 21, 2024

+3.00% / -3.00%

08:00, June 21, 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

20 June 2024