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      MEXC CYBER USDT-M Futures Funding Rate Settlement Frequency Adjustment (September 1)

      Dear MEXCers,

      From 12:00, September 1, 2023 (UTC) onwards, MEXC Futures will be adjusting the funding rate settlement frequency of CYBER USDT-M futures to once every 4 hours. Details are as follows:

      Time (UTC)

      CYBERUSDT Futures Maximum Funding Rate

      16:00, September 1, 2023

      +2.50% / -2.50%

      20:00, September 1, 2023

      +2.50% / -2.50%

      00:00, September 2, 2023

      +2.50% / -2.50%

      04:00, September 2, 2023

      +2.50% / -2.50%

      ……

      +2.50% / -2.50%

      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.

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      Buy USDT Instantly here: https://otc.mexc.com/

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      Enjoy trading on MEXC.

      MEXC Team

      1 September 2023




      Read the original article at mexc

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