MEXC KAS USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 17)
Dear MEXCers,
On 09:55, November 17 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the KAS USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | KASUSDT Futures Maximum Funding Rate |
12:00, November 17, 2023 | +3.00% / -3.00% |
16:00, November 17, 2023 | +3.00% / -3.00% |
20:00, November 17, 2023 | +3.00% / -3.00% |
00:00, November 18, 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
17 November 2023