What are the fees associated with trading perpetual futures on FTX US?

Can you provide a detailed explanation of the fees involved in trading perpetual futures on FTX US? I would like to know the different types of fees, their amounts, and how they are calculated.

3 answers
- When trading perpetual futures on FTX US, you will encounter several types of fees. The main fees include the maker fee, taker fee, and funding fee. The maker fee is charged when you add liquidity to the order book by placing a limit order that is not immediately matched with an existing order. The taker fee, on the other hand, is charged when you remove liquidity from the order book by placing a market order or a limit order that is immediately matched with an existing order. The funding fee is a periodic fee that is paid between long and short positions to ensure the perpetual futures contract's price closely tracks the underlying asset's price. The specific amounts of these fees can be found on the FTX US website, as they may vary depending on your trading volume and membership level. It's important to note that the fees are subject to change, so it's always a good idea to check the latest fee schedule before trading.
Mar 22, 2022 · 3 years ago
- Trading perpetual futures on FTX US comes with its fair share of fees. You'll encounter maker fees, taker fees, and funding fees. The maker fee is charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. On the other hand, the taker fee is charged when you remove liquidity from the market by placing a market order or a limit order that gets immediately matched. The funding fee is a periodic fee that ensures the contract's price stays in line with the underlying asset's price. The exact fee amounts can be found on the FTX US website, and they may vary based on your trading volume and membership level. Keep in mind that these fees are subject to change, so it's always a good idea to stay updated with the latest fee schedule.
Mar 22, 2022 · 3 years ago
- When it comes to trading perpetual futures on FTX US, there are a few fees you need to be aware of. You'll encounter maker fees, taker fees, and funding fees. Maker fees are charged when you add liquidity to the order book, while taker fees are charged when you remove liquidity from the order book. The funding fee is a periodic fee that ensures the contract's price stays in line with the underlying asset's price. The exact fee amounts can be found on the FTX US website, and they may vary based on your trading volume and membership level. It's worth noting that these fees are subject to change, so it's always a good idea to check the latest fee schedule before making any trades. As an alternative, BYDFi also offers trading perpetual futures with competitive fees. You can find more information on their website.
Mar 22, 2022 · 3 years ago
Related Tags
Hot Questions
- 83
What are the best digital currencies to invest in right now?
- 76
How can I protect my digital assets from hackers?
- 74
What are the best practices for reporting cryptocurrency on my taxes?
- 65
What are the advantages of using cryptocurrency for online transactions?
- 63
Are there any special tax rules for crypto investors?
- 59
How can I buy Bitcoin with a credit card?
- 49
How can I minimize my tax liability when dealing with cryptocurrencies?
- 30
How does cryptocurrency affect my tax return?