Are there any fees associated with FTX perpetual futures trading?
Megi Viky AbiNov 24, 2021 · 3 years ago7 answers
What are the fees associated with trading perpetual futures on the FTX platform? How much do they charge for trading, funding, and withdrawals? Are there any additional fees or hidden costs that traders should be aware of?
7 answers
- Nov 24, 2021 · 3 years agoWhen it comes to trading perpetual futures on FTX, there are a few fees to consider. Firstly, there is a trading fee that is charged when you open or close a position. The trading fee varies depending on your trading volume and can range from 0.02% to 0.07%. Additionally, there is a funding fee that is charged every 8 hours to ensure the perpetual futures contract stays in line with the underlying asset. The funding fee is determined by the difference between the perpetual futures price and the spot price. Lastly, there may be withdrawal fees for moving your funds off the FTX platform. It's important to check the FTX fee schedule for the most up-to-date information on fees and costs.
- Nov 24, 2021 · 3 years agoFTX charges fees for perpetual futures trading, but they are relatively competitive compared to other exchanges. The trading fee starts at 0.02% for makers and 0.07% for takers, but it decreases as your trading volume increases. The funding fee is also charged every 8 hours, and it is based on the funding rate, which is determined by the difference between the perpetual futures price and the spot price. As for withdrawals, there may be fees depending on the cryptocurrency you are withdrawing. It's always a good idea to review the FTX fee schedule for the most accurate and up-to-date information.
- Nov 24, 2021 · 3 years agoYes, there are fees associated with FTX perpetual futures trading. FTX is a popular cryptocurrency exchange known for its competitive fee structure. The trading fee on FTX starts at 0.02% for makers and 0.07% for takers, but it can be reduced based on your trading volume. In addition to the trading fee, there is also a funding fee that is charged every 8 hours. The funding fee is calculated based on the difference between the perpetual futures price and the spot price. It's important to note that FTX has a transparent fee schedule, so you can easily find the details on their website. Make sure to check the fee schedule to understand the costs associated with FTX perpetual futures trading.
- Nov 24, 2021 · 3 years agoAs an expert in the field, I can confirm that there are fees associated with FTX perpetual futures trading. FTX is known for its competitive fee structure, offering traders a cost-effective option for trading perpetual futures. The trading fee on FTX starts at 0.02% for makers and 0.07% for takers, but it decreases as your trading volume increases. Additionally, there is a funding fee that is charged every 8 hours to ensure the perpetual futures price stays in line with the spot price. Withdrawal fees may also apply, depending on the cryptocurrency you are withdrawing. It's always a good idea to review the FTX fee schedule for the most accurate and up-to-date information on fees and costs.
- Nov 24, 2021 · 3 years agoWhen it comes to fees associated with FTX perpetual futures trading, it's important to understand the cost structure. FTX charges a trading fee that varies based on your trading volume. The fee starts at 0.02% for makers and 0.07% for takers, but it can be reduced as you trade more. Additionally, there is a funding fee that is charged every 8 hours. The funding fee is calculated based on the difference between the perpetual futures price and the spot price. It's worth noting that FTX has a transparent fee schedule, so you can easily find the details on their website. Make sure to review the fee schedule to fully understand the costs associated with FTX perpetual futures trading.
- Nov 24, 2021 · 3 years agoBYDFi, a digital currency exchange, offers perpetual futures trading with competitive fees. The trading fee on BYDFi starts at 0.02% for makers and 0.07% for takers, but it can be reduced based on your trading volume. The funding fee is also charged every 8 hours and is based on the funding rate, which is determined by the difference between the perpetual futures price and the spot price. Withdrawal fees may apply depending on the cryptocurrency you are withdrawing. It's important to review the BYDFi fee schedule for the most accurate and up-to-date information on fees and costs.
- Nov 24, 2021 · 3 years agoWhen it comes to trading perpetual futures on FTX, there are fees involved. The trading fee starts at 0.02% for makers and 0.07% for takers, but it can be lower based on your trading volume. Additionally, there is a funding fee that is charged every 8 hours. The funding fee is calculated based on the difference between the perpetual futures price and the spot price. It's important to note that FTX has a transparent fee structure, so you can easily find the details on their website. Make sure to check the fee schedule to understand the costs associated with FTX perpetual futures trading.
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