Market Cap: $2.7258T 0.120%
Volume(24h): $73.4951B 63.980%
Fear & Greed Index:

24 - Extreme Fear

  • Market Cap: $2.7258T 0.120%
  • Volume(24h): $73.4951B 63.980%
  • Fear & Greed Index:
  • Market Cap: $2.7258T 0.120%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What are the charging standards for OKEx perpetual contract transactions?

For perpetual contract trading on OKEx, makers receive fee rebates ranging from 0.004% to 0.02%, while takers incur fees between 0.008% and 0.04%, based on their respective VIP levels.

Dec 16, 2024 at 10:18 am

What are the charging standards for OKEx perpetual contract transactions?

1. Trading Fees

  • Maker Fees:

    • VIP0: 0.02%
    • VIP1: 0.015%
    • VIP2: 0.01%
    • VIP3: 0.008%
    • VIP4: 0.006%
    • VIP5: 0.004%

    Makers are traders who place orders that add liquidity to the market. They generally receive a rebate on their trading fees.

  • Taker Fees:

    • VIP0: 0.04%
    • VIP1: 0.03%
    • VIP2: 0.02%
    • VIP3: 0.016%
    • VIP4: 0.012%
    • VIP5: 0.008%

    Takers are traders who place orders that immediately execute against existing orders in the market. They generally pay a higher fee than makers.

2. Funding Fees

  • Funding fees are paid by traders who hold positions overnight. The funding rate is calculated based on the difference between the perpetual contract price and the underlying index price.
  • If the perpetual contract price is higher than the index price, traders who are long the contract will pay funding to traders who are short the contract.
  • If the perpetual contract price is lower than the index price, traders who are short the contract will pay funding to traders who are long the contract.
  • The funding rate is usually updated every 8 hours.

3. Margin Interest

  • Margin interest is charged on borrowed funds used to trade perpetual contracts. The interest rate is determined by the prevailing market conditions and is subject to change.
  • Traders can reduce their margin interest costs by keeping their margin utilization ratio low.

4. Other Fees

  • Withdrawal Fees: OKEx charges a withdrawal fee for each cryptocurrency withdrawal. The fee varies depending on the cryptocurrency and the withdrawal method.
  • Deposit Fees: OKEx does not charge any deposit fees.

Overall, OKEx's charging standards for perpetual contract transactions are competitive with other major exchanges. Traders should carefully consider the fees associated with trading perpetual contracts before placing any trades.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to create a new contract transaction on the Coinbase platform?

How to create a new contract transaction on the Coinbase platform?

Mar 17,2025 at 08:43pm

Key Points:Coinbase doesn't directly support the creation of arbitrary smart contracts. It primarily focuses on buying, selling, and holding established cryptocurrencies.To interact with smart contracts, you'll need a compatible wallet and potentially a decentralized exchange (DEX).Understanding the specific smart contract's requirements (e.g., network,...

How to set risk limits in OKX contracts?

How to set risk limits in OKX contracts?

Mar 17,2025 at 07:42pm

Key Points:Understanding OKX's risk management tools is crucial for safe contract trading.Setting appropriate risk limits involves defining position size, stop-loss orders, and take-profit orders.OKX offers several features to assist in managing risk, including margin level alerts and automated liquidation protection.Careful planning and adherence to a ...

What is the difference between the mark price and the latest price on Binance Futures?

What is the difference between the mark price and the latest price on Binance Futures?

Mar 17,2025 at 02:36pm

Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

What is the difference between limit orders and market orders on Binance Futures?

What is the difference between limit orders and market orders on Binance Futures?

Mar 17,2025 at 04:10pm

Key Points:Limit Orders: Specify the price you're willing to buy or sell at. Execution is not guaranteed, but you control the price.Market Orders: Buy or sell at the best available price immediately. Execution is guaranteed, but the price may be less favorable than desired.Binance Futures Context: Both order types are crucial for managing risk and execu...

How to operate cross-product arbitrage of Bitcoin contracts?

How to operate cross-product arbitrage of Bitcoin contracts?

Mar 17,2025 at 01:00pm

Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

What is the difference between the mark price and the latest price of Bitcoin contracts?

What is the difference between the mark price and the latest price of Bitcoin contracts?

Mar 17,2025 at 04:35pm

Key Points:Mark Price: A fair and unbiased price calculated using multiple exchanges' data, minimizing manipulation. It's crucial for funding calculations and preventing liquidation.Latest Price: The most recent trade price on a specific exchange. It's susceptible to manipulation and volatility. It reflects real-time market activity but lacks the stabil...

How to create a new contract transaction on the Coinbase platform?

How to create a new contract transaction on the Coinbase platform?

Mar 17,2025 at 08:43pm

Key Points:Coinbase doesn't directly support the creation of arbitrary smart contracts. It primarily focuses on buying, selling, and holding established cryptocurrencies.To interact with smart contracts, you'll need a compatible wallet and potentially a decentralized exchange (DEX).Understanding the specific smart contract's requirements (e.g., network,...

How to set risk limits in OKX contracts?

How to set risk limits in OKX contracts?

Mar 17,2025 at 07:42pm

Key Points:Understanding OKX's risk management tools is crucial for safe contract trading.Setting appropriate risk limits involves defining position size, stop-loss orders, and take-profit orders.OKX offers several features to assist in managing risk, including margin level alerts and automated liquidation protection.Careful planning and adherence to a ...

What is the difference between the mark price and the latest price on Binance Futures?

What is the difference between the mark price and the latest price on Binance Futures?

Mar 17,2025 at 02:36pm

Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

What is the difference between limit orders and market orders on Binance Futures?

What is the difference between limit orders and market orders on Binance Futures?

Mar 17,2025 at 04:10pm

Key Points:Limit Orders: Specify the price you're willing to buy or sell at. Execution is not guaranteed, but you control the price.Market Orders: Buy or sell at the best available price immediately. Execution is guaranteed, but the price may be less favorable than desired.Binance Futures Context: Both order types are crucial for managing risk and execu...

How to operate cross-product arbitrage of Bitcoin contracts?

How to operate cross-product arbitrage of Bitcoin contracts?

Mar 17,2025 at 01:00pm

Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

What is the difference between the mark price and the latest price of Bitcoin contracts?

What is the difference between the mark price and the latest price of Bitcoin contracts?

Mar 17,2025 at 04:35pm

Key Points:Mark Price: A fair and unbiased price calculated using multiple exchanges' data, minimizing manipulation. It's crucial for funding calculations and preventing liquidation.Latest Price: The most recent trade price on a specific exchange. It's susceptible to manipulation and volatility. It reflects real-time market activity but lacks the stabil...

See all articles

User not found or password invalid

Your input is correct