KCEX BLOCKUSDT Futures Funding Rate Settlement Frequency Adjustment

Dear KCEXers,

 

KCEX will adjust the funding rate settlement frequency of BLOCK USDT-M perpetual futures to once every 4 hours. The first settlement time after adjustment is on 2024/8/22 12:00 (UTC).

 

Details are as follows:

Time（UTC）	Futures Maximum Funding Rate
2024/8/22 12:00	+3.00% / -3.00%
2024/8/22 16:00	+3.00% / -3.00%
2024/8/22 20:00	+3.00% / -3.00%
2024/8/23 00:00	+3.00% / -3.00%
⋯⋯	+3.00% / -3.00%

 

You can view the real-time funding rates and the remaining settlement countdown on the trading page for BLOCKUSDT futures.

Web：

APP：

 

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.

 

If you have any questions, feel free to contact our customer service team at any time.

 

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KCEX Team