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Adjustment to MAGIC Funding Rate Settlement Frequency (Apr 21, 2025)
Effective from on Apr 21, 2025, 16:50 UTC, MEXC has adjusted the funding rate settlement frequency for the MAGIC Perpetual Futures pair. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | Max. Funding Rate |
|---|---|
Apr 21, 2025, 20:00 | +3.00% / -3.00% |
Apr 22, 2025, 00:00 | +3.00% / -3.00% |
Apr 22, 2025, 04:00 | +3.00% / -3.00% |
Apr 22, 2025, 08:00 | +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.
Thank you for your continued support.
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