MEXC UMA USDT-M Futures Funding Rate Settlement Frequency Adjustment (January 20)
Dear MEXCers,
On 00:10, January 20, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the UMA USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | UMAUSDT Futures Maximum Funding Rate |
04:00, January 20, 2024 | +3.00% / -3.00% |
08:00, January 20, 2024 | +3.00% / -3.00% |
12:00, January 20, 2024 | +3.00% / -3.00% |
16:00, January 20, 2024 | +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
20 January 2024