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      MEXC CHEEMS USDT-M Futures Funding Rate Settlement Frequency Adjustment (Nov 25)

      Dear MEXCers,

      On 12:30, November 25, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the CHEEMS USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:


      Time (UTC)

      CHEEMS USDT Futures Maximum Funding Rate

      16:00, November 25, 2024

      +3.00% / -3.00%

      20:00, November 25, 2024

      +3.00% / -3.00%

      00:00, November 26, 2024

      +3.00% / -3.00%

      04:00, November 26, 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

      25 Nov 2024




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