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MEXC BIGTIME, ETHFI, ZRO and GLM USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 20)

Dear MEXCers,

On 02:30, September 20, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the BIGTIME, ETHFI, ZRO and GLM USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

BIGTIME USDT Futures Maximum Funding Rate

08:00, September 20, 2024

+3.00% / -3.00%

16:00, September 20 ,2024

+3.00% / -3.00%

00:00, September 21, 2024

+3.00% / -3.00%

08:00, September 21, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

ETHFI USDT Futures Maximum Funding Rate

08:00, September 20, 2024

+3.00% / -3.00%

16:00, September 20 ,2024

+3.00% / -3.00%

00:00, September 21, 2024

+3.00% / -3.00%

08:00, September 21, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

ZRO USDT Futures Maximum Funding Rate

08:00, September 20, 2024

+3.00% / -3.00%

16:00, September 20 ,2024

+3.00% / -3.00%

00:00, September 21, 2024

+3.00% / -3.00%

08:00, September 21, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

GLM USDT Futures Maximum Funding Rate

08:00, September 20, 2024

+3.00% / -3.00%

16:00, September 20 ,2024

+3.00% / -3.00%

00:00, September 21, 2024

+3.00% / -3.00%

08:00, September 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 September 2024