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      MEXC BNXUSDT USDT-M Futures Funding Rate Settlement Frequency Adjustment

      Dear User,

      From 14:00, Dec 4, 2022 (UTC) onwards, MEXC Futures will be adjusting the funding rate settlement frequency of BNXUSDT USDT-M futures to once every 2 hours. Details are as follows:

      Time (UTC)

      BNXUSDT Futures Maximum Funding Rate

      14:00, Dec 4, 2022

      2.50% / -2.50%

      16:00, Dec 4, 2022

      2.50% / -2.50%

      18:00, Dec 4, 2022

      2.50% / -2.50%

      20:00, Dec 4, 2022

      2.50% / -2.50%

      ……

      2.50% / -2.50%

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

      mceclip1.png

      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.

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      Enjoy trading on MEXC.

      The MEXC Team

      Dec 4, 2022

      Read the original article at mexc

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