MEXC RIF USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 22)

Dear MEXCers,

On 01:35, October 22, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the RIF USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

RIFSUSDT Futures Maximum Funding Rate

04:00, October 22, 2023

+3.00% / -3.00%

08:00, October 22, 2023

+3.00% / -3.00%

12:00, October 22, 2023

+3.00% / -3.00%

16:00, October 22, 2023

+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.

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MEXC Team

22 October 2023