Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the OMNIUSDT futures trading pair from 8 hours to 1 hour, starting at 14:00 UTC on July 29, 2025 (There will be no charges at 14:00 UTC). After this adjustment, funding will occur every 1 hour, with the next settlement times following this rule (e.g., 15:00 UTC, 16:00 UTC, etc).

Thank you for your support and understanding.

The Phemex Team