MEXC HIFI USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 18)

Dear MEXCers,

On 08:35, September 18, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the HIFI USDT-M perpetual contract. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

HIFIUSDT Futures Maximum Funding Rate

16:00, September 18, 2023

+2.50% / -2.50%

00:00, September 19, 2023

+2.50% / -2.50%

08:00, September 19, 2023

+2.50% / -2.50%

16:00, September 19, 2023

+2.50% / -2.50%

……

+2.50% / -2.50%

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 September 2023