What are the fees for perpetual futures trading on FTX?
Justin Simon GarciaMay 09, 2022 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with perpetual futures trading on FTX? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.
3 answers
- May 09, 2022 · 3 years agoSure! When it comes to perpetual futures trading on FTX, there are a few types of fees to consider. Firstly, there is a taker fee, which is charged when you remove liquidity from the order book. This fee ranges from 0.02% to 0.07% depending on your trading volume. On the other hand, if you provide liquidity by placing limit orders that are not immediately matched, you can earn a rebate ranging from 0.01% to 0.03%. Additionally, there is a funding fee that is paid every 8 hours to ensure the perpetual futures price stays close to the spot price. This fee is based on the funding rate and is typically small. It's worth noting that FTX offers a fee discount program called FTT Vault, where users can hold FTT tokens to reduce their trading fees. Overall, FTX has competitive fee structures and provides transparency regarding their fee schedule.
- May 09, 2022 · 3 years agoThe fees for perpetual futures trading on FTX are quite straightforward. As a taker, you will be charged a fee ranging from 0.02% to 0.07% depending on your trading volume. This fee is deducted from the value of your trade when you remove liquidity from the order book. On the other hand, if you are a maker and provide liquidity by placing limit orders that are not immediately matched, you can actually earn a rebate ranging from 0.01% to 0.03%. This means that you can receive a small percentage of the trading fees back. Additionally, FTX has a funding fee that is paid every 8 hours to ensure the perpetual futures price stays close to the spot price. This fee is based on the funding rate and is typically minimal. Overall, FTX offers competitive fees for perpetual futures trading.
- May 09, 2022 · 3 years agoBYDFi provides a comprehensive fee structure for perpetual futures trading on FTX. As a taker, you will be charged a fee ranging from 0.02% to 0.07% depending on your trading volume. This fee is deducted from the value of your trade when you remove liquidity from the order book. On the other hand, if you are a maker and provide liquidity by placing limit orders that are not immediately matched, you can earn a rebate ranging from 0.01% to 0.03%. This means that you can receive a small percentage of the trading fees back. Additionally, FTX has a funding fee that is paid every 8 hours to ensure the perpetual futures price stays close to the spot price. This fee is based on the funding rate and is typically minimal. FTX also offers a fee discount program called FTT Vault, where users can hold FTT tokens to reduce their trading fees. Overall, FTX has competitive fees and provides a user-friendly trading experience.
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