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MEXC SANTOS USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 28)

Dear MEXCers,

On 14:50, October 28, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the SANTOS USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

SANTOS USDT Futures Maximum Funding Rate

16:00, Oct 28, 2024

+3.00% / -3.00%

20:00, Oct 28, 2024

+3.00% / -3.00%

00:00, Oct 29, 2024

+3.00% / -3.00%

04:00, Oct 29, 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

28 October 2024