MEXC COS USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 30)

Dear MEXCers,

On 13:35, September 30, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the COS USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

COS USDT Futures Maximum Funding Rate

16:00, Sept 30, 2024

+3.00% / -3.00%

20:00, Sept 30, 2024

+3.00% / -3.00%

00:00, Oct 1, 2024

+3.00% / -3.00%

04:00, Oct 1, 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

30 September 2024