MEXC CHESS USDT-M Futures Funding Rate Settlement Frequency Adjustment (August 29)
Dear MEXCers,
On 08:00, August 29, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the CHESS USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | CHESS USDT Futures Maximum Funding Rate |
12:00, Aug 29, 2024 | +3.00% / -3.00% |
16:00, Aug 29, 2024 | +3.00% / -3.00% |
20:00, Aug 29, 2024 | +3.00% / -3.00% |
00:00, Aug 30, 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
29 August 2024