MEXC USTC USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 30)

Dear MEXCers,

On 08:45, November 30, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the USTC USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

USTCUSDT Futures Maximum Funding Rate

12:00, November 30, 2023

+0.75% / -0.75%

16:00, November 30, 2023

+0.75% / -0.75%

20:00, November 30, 2023

+0.75% / -0.75%

00:00, December 1, 2023

+0.75% / -0.75%

……

+0.75% / -0.75%

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

30 November 2023