Articles in this category

MEXC POPCAT, SUN and ALPACA USDT-M Futures Funding Rate Settlement Frequency Adjustment (August 22)

Dear MEXCers,

On 13:50, August 22, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the POPCAT, SUN and ALPACA USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

POPCAT USDT Futures Maximum Funding Rate

16:00, August 22, 2024

+3.00% / -3.00%

20:00, August 22 , 2024

+3.00% / -3.00%

00:00, August 23, 2024

+3.00% / -3.00%

04:00, August 23, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

SUN USDT Futures Maximum Funding Rate

16:00, August 22, 2024

+3.00% / -3.00%

20:00, August 22 , 2024

+3.00% / -3.00%

00:00, August 23, 2024

+3.00% / -3.00%

04:00, August 23, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

ALPACA USDT Futures Maximum Funding Rate

16:00, August 22, 2024

+3.00% / -3.00%

20:00, August 22 , 2024

+3.00% / -3.00%

00:00, August 23, 2024

+3.00% / -3.00%

04:00, August 23, 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

22 August 2024