Dear MEXCers,
On 16:20, October 11, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the LOOM USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | LOOMUSDT Futures Maximum Funding Rate |
20:00, October 11, 2023 | +3.00% / -3.00% |
00:00, October 12, 2023 | +3.00% / -3.00% |
04:00, October 12, 2023 | +3.00% / -3.00% |
08:00, October 12, 2023 | +3.00% / -3.00% |
…… | +3.00% / -3.00% |
For the latest funding rate details, please refer to Information - Funding Rate History.
Note:
The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.
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.
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MEXC Team
11 October 2023
