Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the FUNUSDT futures trading pair from 4 hours to 1 hours, starting at 12:00 UTC on June 21, 2025. After this adjustment, funding will occur every 1 hours, with the next settlement times following this rule (e.g., 13:00 UTC, 14:00 UTC, etc).

Thank you for your support and understanding.

The Phemex Team