Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the IDUSDT futures trading pair from 8 hour(s) to 2 hour(s), starting at 08:30 UTC on June 01, 2026.

After this adjustment, funding will occur every 2 hour(s), with the next settlement times following this rule (e.g., 10:00 UTC, 12:00 UTC, and 14:00 UTC).

Thank you for your support and understanding.

The Phemex Team