Dear MEXCers,
On 09:40, December 17, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the AUCTION USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | AUCTIONUSDT Futures Maximum Funding Rate |
10:00, December 17, 2023 | +3.00% / -3.00% |
14:00, December 17, 2023 | +3.00% / -3.00% |
18:00, December 17, 2023 | +3.00% / -3.00% |
22:00, December 17, 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
17 December 2023
