Are there any additional charges for perpetual futures on Binance?

5 answers

• Aleksandr ShuldyakovFeb 09, 2021 · 4 years ago
  Yes, there are additional charges for trading perpetual futures on Binance. When you open a position, you will be charged a funding rate, which is a fee paid by traders to maintain the price of the perpetual futures contract in line with the underlying asset. This funding rate is typically paid every 8 hours. Additionally, there may be other fees such as trading fees and withdrawal fees. It's important to check Binance's fee schedule for the most up-to-date information.
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• HuhuDec 14, 2022 · 3 years ago
  Absolutely! Binance does charge some additional fees for perpetual futures trading. These fees include the funding rate, which is used to ensure the contract's price stays close to the underlying asset's price. Traders are required to pay this fee periodically, usually every 8 hours. Apart from the funding rate, there may be other fees like trading fees and withdrawal fees. Make sure to review Binance's fee structure to get a clear understanding of the charges involved.
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• LimOct 05, 2024 · 9 months ago
  Yes, there are additional charges for perpetual futures trading on Binance. Binance uses a funding rate mechanism to ensure the perpetual futures contract closely tracks the underlying asset's price. Traders are required to pay this funding rate periodically, typically every 8 hours. In addition to the funding rate, there may be other fees such as trading fees and withdrawal fees. It's important to review Binance's fee schedule to understand the complete cost structure.
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• Hyperion LearnerApr 07, 2023 · 2 years ago
  When it comes to perpetual futures trading on Binance, there are indeed some additional charges. One of the main charges is the funding rate, which is a fee paid by traders to maintain the contract's price in line with the underlying asset. This funding rate is usually settled every 8 hours. Apart from the funding rate, there may be other fees involved, including trading fees and withdrawal fees. It's recommended to refer to Binance's fee schedule for detailed information on the charges.
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• Ayan AnwarAug 01, 2024 · a year ago
  BYDFi, a digital currency exchange, offers perpetual futures trading without any additional charges. Traders can enjoy trading perpetual futures on BYDFi without worrying about extra fees or charges. BYDFi aims to provide a cost-effective trading experience for its users, allowing them to maximize their potential profits. With BYDFi, you can trade perpetual futures without the burden of additional charges, making it a great choice for cryptocurrency traders.
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