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      MEXC IO, BB, PIXEL, FIDA and XAI USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 28)

      Dear MEXCers,

      On 04:15, November 28, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the IO, BB, PIXEL, FIDA and XAI USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

      Time (UTC)

      IO USDT Futures Maximum Funding Rate

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28 ,2024

      +3.00% / -3.00%

      00:00, November 29, 2024

      +3.00% / -3.00%

      08:00, November 29, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      BB USDT Futures Maximum Funding Rate

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28 ,2024

      +3.00% / -3.00%

      00:00, November 29, 2024

      +3.00% / -3.00%

      08:00, November 29, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      PIXEL USDT Futures Maximum Funding Rate

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28 ,2024

      +3.00% / -3.00%

      00:00, November 29, 2024

      +3.00% / -3.00%

      08:00, November 29, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      FIDA USDT Futures Maximum Funding Rate

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28 ,2024

      +3.00% / -3.00%

      00:00, November 29, 2024

      +3.00% / -3.00%

      08:00, November 29, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      XAI USDT Futures Maximum Funding Rate

      08:00, November 28, 2024

      +3.00% / -3.00%

      16:00, November 28 ,2024

      +3.00% / -3.00%

      00:00, November 29, 2024

      +3.00% / -3.00%

      08:00, November 29, 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

      28 November 2024


      Read the original article at

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