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      MEXC SLP USDT-M Futures Funding Rate Settlement Frequency Adjustment (May 15)

      Dear MEXCers,

      On 04:30, May 15, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the SLP USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

      Time (UTC)

      SLP USDT Futures Maximum Funding Rate

      08:00, May 15, 2024

      +3.00% / -3.00%

      16:00, May 15, 2024

      +3.00% / -3.00%

      00:00, May 16, 2024

      +3.00% / -3.00%

      08:00, May 16, 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

      15 May 2024

      Read the original article at mexc

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