How does Dubai OKX perpetual contract charge

For perpetual contract takers, OKX charges a competitive 0.05% fee, while makers enjoy a unique fee structure with rebates as low as -0.01%.

Oct 19, 2024 at 09:11 am

Dubai OKX Perpetual Contract Fees

1. Taker Fees

Maker fees: 0.02%
Taker fees: 0.05%

2. Maker Fees

Maker fees for market takers: 0.02%
Maker fees for market makers: -0.01%

3. Funding Rates

Funding rates are charged every 8 hours at a variable rate.
The funding rate is determined by the difference between the perpetual contract price and the spot price of the underlying asset.

4. Other Fees

Withdrawal fees: Vary depending on the cryptocurrency withdrawn.
Deposit fees: Free for most cryptocurrencies.

Explanation:

Maker fees are paid when you submit an order that is not immediately executed.
Taker fees are paid when you submit an order that is immediately executed against an existing order on the order book.
Market takers are traders who execute market orders, while market makers are traders who provide liquidity to the market by placing limit orders.
Funding rates are designed to ensure that the price of the perpetual contract tracks the spot price of the underlying asset.
Withdrawal fees cover the cost of processing withdrawal requests.
Deposit fees are not usually charged for cryptocurrencies, but some fiat currencies may have a small deposit fee.

Conclusion:

OKX perpetual contracts have transparent and competitive fees compared to other exchanges. The combination of maker fees and funding rates creates a favorable trading environment for both market takers and market makers.

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

LIT

$1.1540

76.35%

Trade Now
NEW

$0.0109

67.36%

Trade Now
PEPU

$0.0217

11.87%

Trade Now
ANT

$1.9104

11.67%

Trade Now
SWEAT

$0.0106

11.60%

Trade Now
ARPA

$0.0490

7.80%

Trade Now

Latest Crypto News

Remittix (RTX): The New DeFi Project Combining XRP's Utility and Dogecoin's Community
2025-02-02 19:50:56
XRP: A Comprehensive Overview of the Unique Digital Asset Facilitating Cross-Border Payments
2025-02-02 19:40:57
Cutoshi (CUTO) Presale Garners Influx of Investors, Targets 100x Value Growth; Solana (SOL) Forms Double Bottom Trajectory, Cardano (ADA) Projected to Surge 40%
2025-02-02 19:30:57
Ethereum (ETH) Struggles to Regain Momentum, Raising Concerns Among Investors
2025-02-02 19:20:57
El Salvador Abandons Bitcoin as Legal Tender, Becoming the First Nation to Do So
2025-02-02 19:20:57
XRP vs. INTL: Stability vs. Explosive Potential in the Volatile Market
2025-02-02 19:10:57

Related knowledge

How to open Binance 100x contract

Feb 02,2025 at 08:24pm

How to Open Binance 100x ContractKey Points:What is a Binance 100x contract?Requirements for opening a Binance 100x contractStep-by-step guide to opening a Binance 100x contractManaging your Binance 100x contractFrequently asked questions (FAQs)IntroductionA Binance 100x contract is a futures contract offered by Binance, a leading cryptocurrency exchang...

How to play Binance U-based contract

Feb 02,2025 at 08:24am

Key Points:Open a Binance accountFund your accountSelect a U-margined contractSet trading parametersMonitor your positionStep-by-Step Guide to Trading Binance U-Based Contracts:1. Open a Binance AccountCreate a Binance account or log in to your existing account.Complete the required KYC (Know Your Customer) procedures.2. Fund Your AccountYou can fund yo...

How to use the deposit address on Binance

Feb 02,2025 at 01:54pm

How to Use the Deposit Address on BinanceKey Points:Understanding Binance deposit addressesGenerating a new deposit addressConfirming a deposit addressDepositing funds to a Binance addressFrequently asked questionsUnderstanding Binance Deposit AddressesA Binance deposit address is a unique crypto address assigned to your Binance account for receiving cr...

How to clear transaction records on Binance

Feb 02,2025 at 02:18pm

Key Points of Clearing Transaction Records on BinanceUnderstanding Transaction RecordsDeleting Transaction Records from BinanceFAQ (Frequently Asked Questions)Understanding Transaction RecordsTransaction records provide a comprehensive record of all trading activities and account movements on Binance. They serve as an essential tool for keeping track of...

How to open contract trading on Binance

Feb 02,2025 at 05:54am

Key Points:Understand the basics of contract trading.Choose the right trading pair.Set up your trading account.Place your order.Manage your risk.How to Open Contract Trading on Binance: A Step-by-Step Guide1. Understand the Basics of Contract TradingContract trading is a way to bet on the future price of cryptocurrencies. It involves entering into a con...

How to deposit fiat currency on Binance

Feb 02,2025 at 10:42am

Key Points:Overview of Fiat Currency Deposit Methods on BinanceDetailed Instructions for Each Deposit MethodConsiderations and Tips for Depositing Fiat CurrencyTroubleshooting Potential Deposit IssuesHow to Deposit Fiat Currency on Binance: Comprehensive GuideAs a leading cryptocurrency exchange, Binance offers multiple convenient methods for depositing...