Futures trading fees vary based on user tiers determined by trading volume. Users are classified into Regular and Professional tiers. Professional users are further categorized by asset size and 30-day trading volume, with each tier offering different fee rates.
I. Fee Calculation Formulas
Key Formulas:
- Coin-Margined Contracts Opening Fee = Face Value × Contract Quantity / Entry Price × Fee Rate
- Coin-Margined Contracts Closing Fee = Face Value × Contract Quantity / Exit Price × Fee Rate
- USDT-Margined Contracts Opening Fee = Face Value × Contract Quantity × Entry Price × Fee Rate
- USDT-Margined Contracts Closing Fee = Face Value × Contract Quantity × Exit Price × Fee Rate
Examples:
- Coin-Margined BTC Contract (Entry Price: 10,000 | Quantity: 100 | Tier 1 Taker Fee: 0.05%)
Fee =100 × 100 / 10,000 × 0.0005 = 0.0005 BTC - USDT-Margined BTC Contract (Entry Price: 10,000 | Quantity: 100 | Tier 1 Taker Fee: 0.05%)
Fee =100 × 0.01 × 10,000 × 0.0005 = 5 USDT
👉 Maximize savings with our tiered fee structure
II. Fee Rates
Perpetual Contracts for Major Cryptos (BTC, ETH, etc.):
- Maker Fee: 0.02%
- Taker Fee: 0.05%
Note: Unfilled orders canceled incur no fees. Maker orders (adding liquidity) typically have lower fees than taker orders (removing liquidity).
III. Key Concepts
1. Parent-Child Accounts
Parent account tiers are based on the combined 30-day trading volume of all linked accounts. Child accounts inherit the parent’s fee tier after 24:00 HKT on creation day.
2. 30-Day Trading Volume
Calculated by converting all contract trades (across BTC, ETH, etc.) to BTC → USD using daily BTC/USD mid-price ((Open + Close) / 2). Updated at 00:00 UTC.
3. Maker vs. Taker
- Maker: Order rests in the order book (e.g., bidding below best ask). Charged maker fee upon execution.
- Taker: Order fills immediately (e.g., buying at best ask). Charged taker fee.
4. Liquidation
Fees apply at the taker rate of the user’s current tier.
5. Daily Withdrawal Limits
Tiers set USD-equivalent caps. Example: A verified user with a 300 USD limit who withdraws 250 USD + 25 USD (OMG) + 15 USD (XUC) has 10 USD remaining. Excess requests require manager approval.
FAQs
Q1: How can I reduce my trading fees?
A: Increase your 30-day volume to qualify for higher tiers with lower rates.
Q2: Are fees charged on canceled orders?
A: No—only filled orders incur fees.
Q3: How is BTC/USD mid-price calculated?
A: Average of daily open and close prices.
Q4: Do child accounts have separate fee tiers?
A: No, they inherit the parent’s tier.
Q5: What’s the difference between maker and taker fees?
A: Makers add liquidity (lower fees); takers remove it (higher fees).