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Adjustment to GLM Funding Rate Settlement Frequency (February 16, 2025)
Effective from 16:15 UTC on February 16, 2025, MEXC has adjusted the funding rate settlement frequency for the GLM Perpetual Futures pair. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | Max. Funding Rate |
|---|---|
20:00, February 16, 2025 | +3.00% / -3.00% |
00:00, February 17, 2025 | +3.00% / -3.00% |
04:00, February 17, 2025 | +3.00% / -3.00% |
08:00, February 17, 2025 | +3.00% / -3.00% |
…… | +3.00% / -3.00% |
For the latest funding rate details, please visit:
Web: Navigate to Information → Funding Rate History
App: Go to Futures → ... → Futures Info
Notes:
The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.
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 potential asset loss.
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