-
Bitcoin $94,603.5212
0.54% - Ethereum
$1,796.6490
-0.69% - Tether USDt
$1.0004
0.01% - XRP
$2.3182
6.38% - BNB
$604.7367
0.66% - Solana
$151.7861
2.35% - USDC
$1.0000
0.00% - Dogecoin
$0.1800
-0.97% - Cardano
$0.7161
2.48% - TRON
$0.2464
-1.31% - Sui
$3.7222
3.71% - Chainlink
$14.8476
1.96% - Avalanche
$22.0376
-1.33% - Stellar
$0.2883
1.16% - UNUS SED LEO
$8.9990
-0.11% - Toncoin
$3.2986
0.83% - Hedera
$0.1961
3.61% - Shiba Inu
$0.0...01401
1.85% - Bitcoin Cash
$350.9025
-0.26% - Polkadot
$4.1994
1.69% - Litecoin
$86.6374
0.35% - Hyperliquid
$18.3504
4.49% - Dai
$1.0001
0.01% - Bitget Token
$4.4019
0.42% - Monero
$270.1988
18.62% - Ethena USDe
$0.9996
0.00% - Pi
$0.6122
-4.18% - Pepe
$0.0...09047
0.54% - Uniswap
$5.5352
-3.34% - Aptos
$5.5481
0.60%
How to calculate Binance contract transaction fee
Binance contract transaction fees vary based on contract type, trading volume, and maker/taker status.
Nov 08, 2024 at 08:25 am
How to Calculate Binance Contract Transaction Fee
Understanding Binance Contract Transaction Fees
Binance, the leading cryptocurrency exchange, offers a range of contract trading options, including futures, perpetual contracts, and options. These contracts involve fees, which can vary depending on factors such as the contract type, trading volume, and maker/taker status.
Calculating these fees can be essential for traders to accurately estimate their trading costs and maximize their profitability. This article provides a comprehensive guide to calculating Binance contract transaction fees.
Factors Influencing Binance Contract Transaction Fees:
1. Contract Type:
- Futures contracts: Charged a flat fee based on the contract value
- Perpetual contracts: Charged a funding fee based on market conditions
2. Trading Volume:
- Higher trading volume typically results in lower fees as a percentage of trade value
3. Maker/Taker Status:
- Maker: Trader who places a limit order, adding liquidity to the market; typically enjoys lower fees
- Taker: Trader who executes a market order, removing liquidity from the market; typically pays higher fees
Steps to Calculate Binance Contract Transaction Fee:
1. Determine Contract Type:
Identify whether you are trading futures contracts or perpetual contracts. The fee structure differs between these two contract types.
2. Calculate Futures Contract Fee:
- Determine the contract value: Multiply the number of contracts by the contract size.
- Apply the flat fee based on the contract value: The fee schedule can be found on the Binance website.
3. Calculate Perpetual Contract Funding Fee:
- Determine the funding rate: This rate varies based on market conditions and can be positive (paid by longs) or negative (paid by shorts).
- Calculate the funding amount: Multiply the contract value by the funding rate.
4. Determine Maker/Taker Status:
Identify your order type: If you place a limit order that does not immediately execute, you are a maker. If you execute a market order, you are a taker.
5. Apply Maker/Taker Fee:
- Maker fee: Typically lower than the taker fee
- Taker fee: Typically higher than the maker fee
6. Consider Additional Fees:
- Margin interest: Charged if you trade with margin (borrowed funds)
- Withdrawal fees: Charged when withdrawing funds from your Binance account
Conclusion:
Calculating Binance contract transaction fees is a crucial aspect of effective contract trading. By understanding the factors that influence these fees and following the steps outlined in this guide, traders can accurately estimate their trading costs and make informed decisions about their trading strategies.
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.
- Flare Networks Prepares to Launch XRPFi, a New Decentralized Finance (DeFi) Ecosystem Focused on XRP
- 2025-04-28 18:20:13
- Bitcoin (BTC) Price Will Surge Well Beyond $100K, Potentially Hitting $500K–$1M by 2025: Adam Back
- 2025-04-28 18:20:13
- Grayscale's XRP ETF Filing Sets the Stage for Institutional Adoption
- 2025-04-28 18:15:13
- The Ultimate List of Top Cryptos to Join for 2025
- 2025-04-28 18:15:13
- XRP is currently priced at $2.19 with a market capitalization of $128.16 billion.
- 2025-04-28 18:10:13
- HBAR has seen a notable rally recently, bringing the altcoin back into a key consolidation zone just under $0.20.
- 2025-04-28 18:10:13
Related knowledge
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
How to play Bybit copy trading? What are the potential risks of following the operation of experts?
Apr 27,2025 at 07:21pm
How to Play Bybit Copy Trading? What Are the Potential Risks of Following the Operation of Experts? Bybit copy trading is a popular feature among cryptocurrency traders looking to benefit from the expertise of seasoned professionals. This article will guide you through the process of engaging in Bybit copy trading and explore the potential risks associa...
What happens if the position margin is insufficient? Where can I view the margin call notification?
Apr 28,2025 at 03:56pm
In the world of cryptocurrency trading, managing your position margin is crucial to maintaining open positions. If the position margin becomes insufficient, it can lead to a series of events that may impact your trading activities. Understanding what happens when the margin is insufficient, as well as how to view margin call notifications, is essential ...
What analysis tools are there for contract candlestick charts? How to set technical indicators more efficiently?
Apr 27,2025 at 06:56pm
In the world of cryptocurrency trading, analyzing contract candlestick charts is crucial for making informed trading decisions. Various tools and technical indicators are available to help traders understand market trends, identify potential entry and exit points, and manage risks effectively. This article will explore the different analysis tools avail...
What is Bybit's insurance fund? Under what circumstances will the insurance fund be used?
Apr 28,2025 at 05:36am
What is Bybit's Insurance Fund? Under What Circumstances Will the Insurance Fund Be Used? Bybit, a leading cryptocurrency exchange, operates an insurance fund designed to protect traders from potential losses due to extreme market volatility or unexpected events. The insurance fund serves as a safety net, ensuring that the platform remains stable and th...
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
How to play Bybit copy trading? What are the potential risks of following the operation of experts?
Apr 27,2025 at 07:21pm
How to Play Bybit Copy Trading? What Are the Potential Risks of Following the Operation of Experts? Bybit copy trading is a popular feature among cryptocurrency traders looking to benefit from the expertise of seasoned professionals. This article will guide you through the process of engaging in Bybit copy trading and explore the potential risks associa...
What happens if the position margin is insufficient? Where can I view the margin call notification?
Apr 28,2025 at 03:56pm
In the world of cryptocurrency trading, managing your position margin is crucial to maintaining open positions. If the position margin becomes insufficient, it can lead to a series of events that may impact your trading activities. Understanding what happens when the margin is insufficient, as well as how to view margin call notifications, is essential ...
What analysis tools are there for contract candlestick charts? How to set technical indicators more efficiently?
Apr 27,2025 at 06:56pm
In the world of cryptocurrency trading, analyzing contract candlestick charts is crucial for making informed trading decisions. Various tools and technical indicators are available to help traders understand market trends, identify potential entry and exit points, and manage risks effectively. This article will explore the different analysis tools avail...
What is Bybit's insurance fund? Under what circumstances will the insurance fund be used?
Apr 28,2025 at 05:36am
What is Bybit's Insurance Fund? Under What Circumstances Will the Insurance Fund Be Used? Bybit, a leading cryptocurrency exchange, operates an insurance fund designed to protect traders from potential losses due to extreme market volatility or unexpected events. The insurance fund serves as a safety net, ensuring that the platform remains stable and th...
See all articles
