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MEXC POWR USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 27)
Dear MEXCers,
On 11:20, October 27, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the POWR USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | POWRUSDT Futures Maximum Funding Rate |
12:00, October 27, 2023 | +3.00% / -3.00% |
16:00, October 27, 2023 | +3.00% / -3.00% |
20:00, October 27, 2023 | +3.00% / -3.00% |
00:00, October 28, 2023 | +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.
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MEXC Team
27 October 2023
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