MEXC 1000BONK USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 22)
Dear MEXCers,
On 14:50, November 22, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the 1000BONK USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | 1000BONKUSDT Futures Maximum Funding Rate |
16:00, November 22, 2023 | +3.00% / -3.00% |
20:00, November 22, 2023 | +3.00% / -3.00% |
00:00, November 23, 2023 | +3.00% / -3.00% |
04:00, November 23, 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
22 November 2023