Mexc Funing Rates
Table of Contents
Dear MEXCers,
MEXC continues to make improvements to provide the best trading experience. On March 8, 2024 (UTC) at 09:50, the funding rate settlement frequency for the STRAX USDT-M perpetual futures has been adjusted. The new settlement frequency is now once every 4 hours. Here are the details:
What is the Funding Rate?
The funding rate in perpetual futures trading is the periodic fee exchanged between traders to ensure that the contract price stays close to the underlying spot market. It helps maintain stability and prevents manipulation.
Changes to the Funding Rate Settlement Frequency
MEXC has updated the settlement frequency for STRAX USDT-M perpetual futures. The funding rate will now be settled once every 4 hours. With this adjustment, traders can better manage their positions and margins.
It’s important to note that the settlement frequency mentioned above may be further adjusted. Stay tuned to MEXC’s latest announcements for any updates.
How to Stay Informed
To stay up to date with the latest funding rate details, visit our Information – Funding Rate History page.
Make sure to refer to the updated funding rate before placing new orders. For existing orders, adjust your position and margin accordingly to prevent liquidation.
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MEXC Team
8 March 2024
