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MEXC STMX USDT-M Futures Funding Rate Settlement Frequency Adjustment (July 25)

Dear MEXCers,

From 13:00, July 25, 2023 (UTC) onwards, MEXC Futures will be adjusting the funding rate settlement frequency of STMX USDT-M futures to once every 8 hours. Details are as follows:

Time (UTC)

STMXUSDT Futures Maximum Funding Rate

16:00, July 25, 2023

+2.50% / -2.50%

00:00, July 26, 2023

+2.50% / -2.50%

08:00, July 26, 2023

+2.50% / -2.50%

16:00, July 26, 2023

+2.50% / -2.50%

……

+2.50% / -2.50%

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.

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MEXC Team

25 July 2023