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      MEXC SUPER and ILV USDT-M Futures Funding Rate Settlement Frequency Adjustment (April 23)

      Dear MEXCers,

      On 10:30, April 23, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the SUPER and ILV USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

      Time (UTC)

      SUPER USDT Futures Maximum Funding Rate

      12:00, April 23, 2024

      +3.00% / -3.00%

      16:00, April 23, 2024

      +3.00% / -3.00%

      20:00, April 23, 2024

      +3.00% / -3.00%

      00:00, April 24, 2024

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      Time (UTC)

      ILV USDT Futures Maximum Funding Rate

      12:00, April 23, 2024

      +3.00% / -3.00%

      16:00, April 23, 2024

      +3.00% / -3.00%

      20:00, April 23, 2024

      +3.00% / -3.00%

      00:00, April 24, 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.


      Enjoy trading on MEXC.

      MEXC Team

      23 April 2024

      Read the original article at mexc

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