MEXC HIFI USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 17)

Dear MEXCers,

On 04:30, September 17, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the HIFI USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

HIFIUSDT Futures Maximum Funding Rate

08:00, September 17, 2023

+2.50% / -2.50%

12:00, September 17, 2023

+2.50% / -2.50%

16:00, September 17, 2023

+2.50% / -2.50%

20:00, September 17, 2023

+2.50% / -2.50%

……

+2.50% / -2.50%

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

17 September 2023