Dear KCEXers,
On 17:00, May 17, 2024 (UTC), KCEX will adjust the funding rate settlement frequency for the LOOM USDT-M perpetual futures. The new settlement frequency is now once every 4 hours.
Details are as follows:
|
Time（UTC） |
LOOM USDT Futures Maximum Funding Rate |
| 17/5/2024 20:00 | +2.00% / -2.00% |
| 18/5/2024 00:00 | +2.00% / -2.00% |
| 18/5/2024 04:00 | +2.00% / -2.00% |
| 18/5/2024 08:00 | +2.00% / -2.00% |
| ⋯⋯ |
+2.00% / -2.00% |
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.
If you have any questions, feel free to contact our customer service team at any time.
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KCEX Team