Fees on the MTF are calculated as a percentage of the notional order value for a matched trade. The fee schedule is based on your 30-day rolling volume meaning that the more you trade, the lower your fees are on subsequent trades.
| 30-Day Volume USD | Maker Fee | Taker Fee |
| $0 + | 0.020% | 0.05% |
| $1,000,000 + | 0.015% | 0.04% |
| $2,500,000 + | 0.013% | 0.03% |
| $5,000,000 + | 0.010% | 0.03% |
| $10,000,000 + | 0.008% | 0.02% |
| $25,000,000 + | 0.005% | 0.02% |
| $50,000,000 + | 0.003% | 0.01% |
| $100,000,000 + | 0.000% | 0.01% |
| $250,000,000 + | -0.002% | 0.01% |
| $500,000,000 + | -0.003% | 0.01% |
| $1,000,000,000 + | -0.005% | 0.01% |
| $10,000,000,000 + | -0.006% | 0.01% |
Note: Fees are charged in the collateral currency of the contract being traded.
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Futures contracts |
Bitcoin- USD |
Ether- USD |
Litecoin- USD |
BitcoinCash-USD |
Ripple- USD |
Linear Contracts |
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Fee/Collateral Currency |
BTC |
ETH |
LTC |
BCH |
XRP |
USD |
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Holding a Fixed Maturity contract until maturity (settlement) results in a taker fee. |
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Below is how you can calculate the fee amount for your trade:
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Fee amount for Taker Inverse |
Fee amount for Maker Inverse |
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= 1 / Trade Price * (Fee %) * Quantity |
= 1 / Trade Price * (Fee %) * Quantity |
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or |
= (Fee %) * Notional Order Value |
= (Fee %) * Notional Order Value |
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Fee amount for Taker Linear |
Fee amount for Maker Linear |
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= Trade Price * (Fee %) * Quantity |
= Trade Price * (Fee %) * Quantity |
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or |
= (Fee %) * Notional Order Value USD |
= (Fee %) * Notional Order Value USD |
FAQ
When am I a Taker, when am I a Maker?
If you submit an order that crosses the order book and is immediately matched, you pay the taker fee. If you submit an order that first sits in the order book before it is matched, you pay the maker fee.
How are Settlements, Liquidations, Assignments and Terminations treated?
- Positions that are settled in final settlement are treated as taker.
- Liquidations are treated as taker.
- Assignments are treated as taker.
- Terminations are treated as taker for the party causing the termination, and fees for the other party are 0.
Where can I see the fees I have paid?
You can look up the fees you have paid by navigating to the "Logs" tab in the bottom panel of the trading platform.
Do you charge any other fees?
We do not charge any other fees. However, positions opened in Perpetual contracts will accumulate a funding rate as an unrealised profit/loss (UPL). This is a user-to-user transfer.