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      MEXC BOME USDT-M Futures Funding Rate Settlement Frequency Adjustment (March 16)

      Dear MEXCers,

      On 13:10, March 16, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the BOME USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      BOMEUSDT Futures Maximum Funding Rate

      16:00, March 16, 2024

      +3.00% / -3.00%

      20:00, March 16, 2024

      +3.00% / -3.00%

      00:00, March 17, 2024

      +3.00% / -3.00%

      04:00, March 17, 2024

      +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

      16 March 2024




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