MEXC GLM USDT-M Futures Funding Rate Settlement Frequency Adjustment (April 27)
Dear MEXCers,
On 15:35, April 27, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the GLM USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | GLM USDT Futures Maximum Funding Rate |
16:00, April 27, 2024 | +3.00% / -3.00% |
20:00, April 27, 2024 | +3.00% / -3.00% |
00:00,April 28, 2024 | +3.00% / -3.00% |
04:00, April 28, 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.
Enjoy trading on MEXC.
MEXC Team
27 April 2024