I Face Losses on MEXC Futures Due to Excessive Funding Fees

July 5, 2025 3:02 AM143

I traded H/USDT perpetual futures on the MEXC platform and faced an unexpected financial loss due to excessive funding fees. While the market initially moved upward and almost caused a liquidation, I managed to avoid a major loss thanks to market movement. Eventually, the price dropped significantly below my entry point, and I should have been in profit.

However, despite this favorable price movement, MEXC deducted $113 in funding fees from my $87 profit, leaving me with a $27 net loss. This makes no sense to me as a trader. Even after successfully predicting the market direction, I lost money due to funding fees that exceeded my actual gains.

This experience has been both financially and emotionally frustrating. Funding fees should never exceed the actual profit on a correctly executed trade. I expected fair trading conditions on MEXC, but this has damaged my trust in the platform.

I kindly request that MEXC review and refund the excessive funding charges deducted from my trade. Please take immediate action to adjust your fee structures and prevent such negative experiences for your users. I expect a clear explanation and prompt resolution of this issue.

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