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MEXC FIDA USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 19)

Dear MEXCers,

On 13:10, September 19, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the FIDA USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

FIDA USDT Futures Maximum Funding Rate

16:00, Sept 19, 2024

+3.00% / -3.00%

20:00, Sept 19, 2024

+3.00% / -3.00%

00:00, Sept 20, 2024

+3.00% / -3.00%

04:00, Sept 20, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%

For the latest funding rate details, please refer to Information - Funding Rate History.

Note:

  1. The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.

  2. 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

19 September 2024