MEXC BIGTIME USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 12)
Dear MEXCers,
On 16:10, October 12, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the BIGTIME USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | BIGTIMEUSDT Futures Maximum Funding Rate |
20:00, October 12, 2023 | +3.00% / -3.00% |
00:00, October 13, 2023 | +3.00% / -3.00% |
04:00, October 13, 2023 | +3.00% / -3.00% |
08:00, October 13, 2023 | +3.00% / -3.00% |
…… | +3.00% / -3.00% |
For the latest funding rate details, please refer to Information - Funding Rate History.
Note:
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 liquidation.
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MEXC Team
12 October 2023