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      MEXC SCRT USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 21)

      Dear MEXCers,

      On 12:20, November 21, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the SCRT USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      SCRT USDT Futures Maximum Funding Rate

      16:00, Nov 21, 2024

      +3.00% / -3.00%

      20:00, Nov 21, 2024

      +3.00% / -3.00%

      00:00, Nov 22, 2024

      +3.00% / -3.00%

      04:00, Nov 22, 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

      21 November 2024


      Read the original article at

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