Contract

Text

What is the transaction fee of OKEx perpetual contracts?

OKEx offers tiered transaction fees for perpetual contracts based on trading volume, with makers paying between 0.012% and 0.02% and takers between 0.039% and 0.05%.

Oct 23, 2024 at 05:24 am

OKEx Perpetual Contract Transaction Fees

OKEx charges a tiered transaction fee for perpetual contracts, based on the trading volume of the user in the past 30 days. The fee structure is as follows:

Maker Fees

Trading Volume (30 Days)	Maker Fee
Less than 100,000 USDT	0.02%
100,000 - 500,000 USDT	0.018%
500,000 - 1,000,000 USDT	0.016%
1,000,000 - 5,000,000 USDT	0.014%
More than 5,000,000 USDT	0.012%

Taker Fees

Trading Volume (30 Days)	Taker Fee
Less than 100,000 USDT	0.05%
100,000 - 500,000 USDT	0.045%
500,000 - 1,000,000 USDT	0.043%
1,000,000 - 5,000,000 USDT	0.041%
More than 5,000,000 USDT	0.039%

Example

For example, if a user has traded 200,000 USDT worth of perpetual contracts in the past 30 days, they would be charged a maker fee of 0.018% and a taker fee of 0.045%.

Additional Fees

In addition to the transaction fees, OKEx also charges the following fees:

Funding Rate: The funding rate is a fee paid between long and short positions on a perpetual contract. The funding rate is calculated based on the difference between the perpetual contract price and the spot price.
Margin Interest: Margin interest is charged if a user borrows funds from OKEx to trade perpetual contracts. The margin interest rate is calculated based on the prevailing interest rates in the market.

Conclusion

OKEx's transaction fees for perpetual contracts are competitive with other major exchanges. The tiered fee structure encourages users to trade more volume, which can lead to lower fees in the long run.

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.

Fear & Greed Index

Trade Now

Biggest Gainers

SHOGGOTH

$0.1287

79.03%

Trade Now
TON

$2.15

38.86%

Trade Now
LUNA

$0.0780

28.26%

Trade Now
BULL

$0.0771

25.71%

Trade Now
DEGEN

$0.0248

25.50%

Trade Now
VIRTUAL

$0.4315

25.26%

Trade Now

Latest Crypto News

Shiba Inu Price Predictions: Can SHIB Reach a $100B Market Cap?
2024-11-15 14:15:01
Personnel recognised for peacekeeping efforts
2024-11-15 14:25:01
Non-canonical Amino Acid Tools and their Application to Membrane Protein Studies
2024-11-15 14:25:01
The Bitcoin Renaissance: El Salvador Leads the Way in Global Adoption as Governments Show Support
2024-11-15 14:15:01
The Unexpected Rise of Dogecoin Is More Than Just a Quirky Internet Story
2024-11-15 14:15:01
The Ever-Evolving Cryptocurrency Market: Reshaping the Global Financial Landscape
2024-11-15 14:15:01

Related knowledge

How to play Upbit usdt contract

Nov 15,2024 at 02:04pm

How to Play Upbit USDT ContractIntroductionUpbit is one of the leading cryptocurrency exchanges in South Korea. It offers a variety of trading options, including spot trading, margin trading, and futures trading. Upbit also offers a USDT contract, which is a type of futures contract that is denominated in USDT.Benefits of Playing Upbit USDT ContractTher...

How to calculate Upbit contract rate

Nov 15,2024 at 04:47am

A Comprehensive Guide to Calculating Upbit Contract RatesUpbit, a leading South Korean cryptocurrency exchange, offers a comprehensive suite of trading options, including cryptocurrency spot trading, margin trading, and futures contracts trading. Futures contracts are financial instruments that allow traders to speculate on the future price of an asset,...

How long does it take for Upbit contract settlement

Nov 14,2024 at 10:10pm

How Long Does It Take for Upbit Contract Settlement?Upbit, a renowned South Korean cryptocurrency exchange, offers a diverse range of trading options, including spot trading and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price movements of underlying assets without taking physical possess...

How to open 75x contracts on Upbit

Nov 15,2024 at 12:50pm

How to Open 75x Contracts on UpbitUpbit is a South Korean cryptocurrency exchange that offers a wide range of trading options, including 75x contracts. 75x contracts are a type of leveraged contract that allows traders to multiply their potential profits by up to 75 times. However, it is important to note that leveraged trading also amplifies potential ...

What is Upbit contract trading

Nov 14,2024 at 10:46pm

What is Upbit Contract Trading?Upbit is a South Korean cryptocurrency exchange that offers a wide range of trading options, including spot trading, margin trading, and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price of a cryptocurrency without having to actually own the underlying asset....

What does Upbit contract trading mean

Nov 14,2024 at 10:22pm

What Does Upbit Contract Trading Mean?IntroductionUpbit, a leading South Korean cryptocurrency exchange, offers a range of trading options, including contract trading. Contract trading is a derivative instrument that allows traders to speculate on the price movements of underlying assets without owning them directly. This can provide opportunities for b...