MEXC BLOCK USDT-M Futures Funding Rate Settlement Frequency Adjustment (August 22)

Dear MEXCers,

On 07:25, August 22, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the BLOCK USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

BLOCK USDT Futures Maximum Funding Rate

08:00, Aug 22, 2024

+3.00% / -3.00%

12:00, Aug 22, 2024

+3.00% / -3.00%

16:00, Aug 22, 2024

+3.00% / -3.00%

20:00, Aug 22, 2024

+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.


Enjoy trading on MEXC.

MEXC Team

22 August 2024