What are the fees for perpetual futures on Binance?
Lorentsen TherkelsenFeb 17, 2024 · a year ago3 answers
Can you please provide a detailed explanation of the fees associated with perpetual futures on Binance? I would like to know the different types of fees, how they are calculated, and if there are any discounts available.
3 answers
- SoalaSep 24, 2021 · 4 years agoSure! When it comes to perpetual futures on Binance, there are a few types of fees to consider. First, there is a trading fee, which is charged when you open or close a position. The trading fee is based on your trading volume over the past 30 days and ranges from 0.02% to 0.04%. Additionally, there is a funding fee, which is charged every 8 hours to ensure the perpetual futures price stays close to the spot price. The funding fee is calculated based on the funding rate and the position you hold. It can be positive or negative, depending on the market conditions. Lastly, Binance offers a VIP program that provides fee discounts based on your trading volume and BNB balance. The more you trade and hold BNB, the higher your VIP level and the lower your fees. I hope this helps!
- Anshu AgarwalFeb 12, 2023 · 2 years agoThe fees for perpetual futures on Binance can be broken down into trading fees and funding fees. The trading fee is charged when you open or close a position and is based on your trading volume. The more you trade, the lower your trading fee will be. The funding fee, on the other hand, is charged every 8 hours and is used to maintain the price of perpetual futures close to the spot price. The funding fee is calculated based on the funding rate and the position you hold. It's important to note that the funding fee can be positive or negative, depending on the market conditions. Binance also offers a VIP program that provides fee discounts based on your trading volume and BNB balance. The higher your VIP level, the lower your fees. I hope this answers your question!
- Daniel Isaac Cruz SanchezFeb 27, 2025 · 5 months agoAs an expert in the field, I can tell you that the fees for perpetual futures on Binance are quite competitive. Binance charges a trading fee, which is based on your trading volume over the past 30 days. The fee ranges from 0.02% to 0.04%, with lower fees for higher trading volumes. In addition to the trading fee, Binance also charges a funding fee every 8 hours. The funding fee is used to maintain the price of perpetual futures close to the spot price and is calculated based on the funding rate and the position you hold. It's worth noting that Binance offers a VIP program that provides fee discounts based on your trading volume and BNB balance. The more you trade and hold BNB, the higher your VIP level and the lower your fees. I hope this information is helpful to you!
优质推荐
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2616197Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0497Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0494How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0425How to Trade Options in Bitcoin ETFs as a Beginner?
1 3341Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1307
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More