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MEXC MOVR USDT-M Futures Funding Rate Settlement Frequency Adjustment (December 24)
Dear MEXCers,
On 10:30, December 24, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the MOVR USDT-M perpetual contract. The new settlement frequency is now once every 4 hours. Details are as follows:
Time (UTC) | MOVRUSDT Futures Maximum Funding Rate |
12:00, December 24, 2023 | +3.00% / -3.00% |
16:00, December 24, 2023 | +3.00% / -3.00% |
20:00, December 24, 2023 | +3.00% / -3.00% |
00:00, December 25, 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
24 December 2023
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