Futures Trading | How are futures trading fees calculated?
Futures trading fees are calculated based on the notional value of the trade—that is, the execution price multiplied by the quantity—not the margin you put up.
Since fees are based on notional value, the higher the leverage, the larger the fees for opening and closing a position as a proportion of your margin. For example, if the fee is 0.05% for each of opening and closing, the total is about 1% of your margin at 10x leverage.
Here’s a market update: $BTC is quoted at 83747.36 (24h +0.35%).
Funding fees are also a cost of holding a position, so the longer you hold it, the more important it is to factor them in.
#BTC
Futures trading fees are calculated based on the notional value of the trade—that is, the execution price multiplied by the quantity—not the margin you put up.
Since fees are based on notional value, the higher the leverage, the larger the fees for opening and closing a position as a proportion of your margin. For example, if the fee is 0.05% for each of opening and closing, the total is about 1% of your margin at 10x leverage.
Here’s a market update: $BTC is quoted at 83747.36 (24h +0.35%).
Funding fees are also a cost of holding a position, so the longer you hold it, the more important it is to factor them in.
#BTC