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MEXC VIRTUAL and SPX USDT-M Futures Funding Rate Settlement Frequency Adjustment (December 11)

Dear MEXCers,
MEXC has adjusted the funding rate settlement frequency for the VIRTUAL and SPX USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC)
VIRTUAL USDT Futures Maximum Funding Rate
08:00, December 11, 2024
+3.00% / -3.00%
12:00, December 11, 2024
+3.00% / -3.00%
16:00, December 11, 2024
+3.00% / -3.00%
20:00, December 11, 2024
+3.00% / -3.00%
……
+3.00% / -3.00%

Time (UTC)
SPX USDT Futures Maximum Funding Rate
08:00, December 11, 2024
+3.00% / -3.00%
12:00, December 11, 2024
+3.00% / -3.00%
16:00, December 11, 2024
+3.00% / -3.00%
20:00, December 11, 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
11 December 2024