Dear Users,
Due to volatile market conditions, Phemex will adjust the funding interval of the CARVUSDT futures trading pair from 4 hours to 1 hour, starting at 06:00 UTC on July 5, 2025. After this adjustment, funding will occur every 1 hour, with the next settlement times following this rule (e.g., 07:00 UTC, 08:00 UTC, etc).
Thank you for your support and understanding.
The Phemex Team