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      MEXC L3 USDT-M Futures Funding Rate Settlement Frequency Adjustment (July 30)

      Dear MEXCers,

      On 15:15, July 30, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the L3 USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      L3 USDT Futures Maximum Funding Rate

      16:00, July 30, 2024

      +3.00% / -3.00%

      20:00, July 30, 2024

      +3.00% / -3.00%

      00:00, July 31, 2024

      +3.00% / -3.00%

      04:00, July 31, 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 July 2024

      Read the original article at mexc

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