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Do I need to pay fees for holding perpetual futures on Binance?

avatarBudde vinayDec 15, 2021 · 3 years ago5 answers

Can you explain if there are any fees associated with holding perpetual futures on Binance? How do these fees work and are they different from other types of trading fees?

Do I need to pay fees for holding perpetual futures on Binance?

5 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees for holding perpetual futures on Binance. When you hold a position in perpetual futures, you may be subject to funding fees, which are paid between long and short positions to maintain the price of the contract close to the underlying index. These funding fees are typically paid every 8 hours. Additionally, there may be other fees such as trading fees and withdrawal fees. It's important to review Binance's fee schedule for the most up-to-date information on the fees associated with perpetual futures.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Holding perpetual futures on Binance comes with fees. These fees are designed to ensure the stability and fairness of the market. One type of fee you may encounter is the funding fee, which is paid by traders who hold positions in perpetual futures. This fee is used to balance the market and prevent price deviation. It's important to note that these fees are different from regular trading fees, which are charged when you enter or exit a position. Make sure to check Binance's fee schedule for the specific details.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees for holding perpetual futures on Binance. Binance is known for its transparent fee structure, and perpetual futures trading is no exception. When holding perpetual futures, you may be subject to funding fees, which are used to maintain the price of the contract in line with the underlying index. These fees are typically paid every 8 hours and are calculated based on the funding rate. It's worth noting that different perpetual futures contracts may have different fee rates, so it's important to check the contract specifications for the specific fees associated with the contract you are trading. For more information, you can refer to Binance's fee schedule on their website.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees for holding perpetual futures on Binance. As a trader, it's important to be aware of these fees to make informed decisions. Holding perpetual futures on Binance may incur funding fees, which are used to maintain the stability of the contract. These fees are paid between long and short positions and are calculated based on the funding rate. It's important to note that these fees are separate from regular trading fees, which are charged when you enter or exit a position. To get the most accurate and up-to-date information on the fees associated with holding perpetual futures on Binance, it's recommended to review Binance's fee schedule on their official website.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees for holding perpetual futures on Binance. When trading perpetual futures, you may encounter funding fees, which are used to balance the market and ensure the price of the contract stays close to the underlying index. These fees are typically paid every 8 hours and are calculated based on the funding rate. It's important to note that Binance provides a transparent fee structure, and you can find detailed information about the fees associated with holding perpetual futures on their website. Make sure to review the fee schedule to understand the specific fees that apply to your trading activities.