Fees and Funding Rate

Trading Fees (Maker and Taker)

• Maker: This is an order that adds liquidity to the market (e.g., a limit order that waits to be filled).

  • Fee: 0.01% of the total position size including leverage.

  • Example: You open a position with $10,000 using 1:5 leverage (total size = $50,000). The maker fee is: $50,000 × 0.01% = $5.

• Taker: This is an order that removes liquidity from the market (e.g., a market order that fills immediately).

  • Fee: 0.03% of the total position size including leverage.

  • Example: For the same $50,000 position, the taker fee is: $50,000 × 0.03% = $15.

When are they charged? Trading fees are charged when you open and close a position.

Funding Fee (Funding Rate)

• What is it? The funding fee is a periodic payment that helps keep the futures contract price in line with the spot market price.

• How does it work?

  • The rate is variable and depends on market sentiment:

    • If more traders are holding long positions, the rate is positive, and longs pay shorts.

    • If more traders are holding short positions, the rate is negative, and shorts pay longs.