MEXC 1000RATS USDT-M Futures Funding Rate Settlement Frequency Adjustment (December 18)

Dear MEXCers,

On 02:40, December 18, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the 1000RATS USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

1000RATSUSDT Futures Maximum Funding Rate

04:00, December 18, 2023

+3.00% / -3.00%

08:00, December 18, 2023

+3.00% / -3.00%

12:00, December 18, 2023

+3.00% / -3.00%

16:00, December 18, 2023

+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.

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MEXC Team

18 December 2023