Dear MEXCers,
On 16:20, October 19, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the ORBS USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | ORBSUSDT Futures Maximum Funding Rate |
20:00, October 19, 2023 | +3.00% / -3.00% |
00:00, October 20, 2023 | +3.00% / -3.00% |
04:00, October 20, 2023 | +3.00% / -3.00% |
08:00, October 20, 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
19 October 2023
