MEXC BLZ USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 13)

Dear MEXCers,

On 08:45, September 13, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the BLZ USDT-M perpetual contract. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

BLZUSDT Futures Maximum Funding Rate

16:00, September 13, 2023

+2.50% / -2.50%

00:00, September 14, 2023

+2.50% / -2.50%

08:00, September 14, 2023

+2.50% / -2.50%

16:00, September 14, 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

13 September 2023