🧮 Futures Trading | Futures Fees
· What it is: For Binance USDⓈ-M futures, limit orders can be set to “Post Only”: if an order would execute immediately, it will be canceled.
· How to understand it: Fees are calculated 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 both opening and closing, the total is about 1% of your margin at 10x leverage.
· Reminder: Include the fees for both opening and closing when calculating profit and loss, especially with highly leveraged positions.
$BTC 74842.08 (-0.99%)
· What it is: For Binance USDⓈ-M futures, limit orders can be set to “Post Only”: if an order would execute immediately, it will be canceled.
· How to understand it: Fees are calculated 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 both opening and closing, the total is about 1% of your margin at 10x leverage.
· Reminder: Include the fees for both opening and closing when calculating profit and loss, especially with highly leveraged positions.
$BTC 74842.08 (-0.99%)