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      MEXC PROM USDT-M Futures Funding Rate Settlement Frequency Adjustment (January 13)

      Dear MEXCers,
      On 09:45, January 13, 2025 (UTC), MEXC has adjusted the funding rate settlement frequency for the PROM USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:
      Time (UTC)
      PROMUSDT Futures Maximum Funding Rate
      12:00, Jan 13, 2025
      +3.00% / -3.00%
      16:00, Jan 13, 2025
      +3.00% / -3.00%
      20:00, Jan 13, 2025
      +3.00% / -3.00%
      00:00, Jan 14, 2025
      +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.
      Read the original article at

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