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      MEXC BOND USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 15)

      Dear MEXCers,

      On 16:20, October 15, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the BOND USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      BONDUSDT Futures Maximum Funding Rate

      20:00, October 15, 2023

      +3.00% / -3.00%

      00:00, October 16, 2023

      +3.00% / -3.00%

      04:00, October 16, 2023

      +3.00% / -3.00%

      08:00, October 16, 2023

      +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.

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      Enjoy trading on MEXC.

      MEXC Team

      15 October 2023





      Read the original article at mexc

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