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      MEXC BILLY and THE USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 27)

      Dear MEXCers,

      On 10:10, November 27, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the BILLY and THE USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

      Time (UTC)

      BILLY USDT Futures Maximum Funding Rate

      16:00, November 27, 2024

      +3.00% / -3.00%

      00:00, November 28, 2024

      +3.00% / -3.00%

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      THE USDT Futures Maximum Funding Rate

      16:00, November 27, 2024

      +3.00% / -3.00%

      00:00, November 28, 2024

      +3.00% / -3.00%

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28, 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

      27 November 2024


      Read the original article at

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