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      MEXC TIA USDT-M Futures Funding Rate Settlement Frequency Adjustment (October 31)

      Dear MEXCers,

      On 16:30, November 31, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the TIA USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      TIAUSDT Futures Maximum Funding Rate

      20:00, October 31, 2023

      +3.00% / -3.00%

      00:00, November 1, 2023

      +3.00% / -3.00%

      04:00, November 1, 2023

      +3.00% / -3.00%

      08:00, November 1, 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

      31 October 2023




      Read the original article at mexc

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