Market Cap: $3.2672T -0.710%
Volume(24h): $102.3379B -6.020%
Fear & Greed Index:

50 - Neutral

  • Market Cap: $3.2672T -0.710%
  • Volume(24h): $102.3379B -6.020%
  • Fear & Greed Index:
  • Market Cap: $3.2672T -0.710%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to calculate Poloniex contract transaction fees

Poloniex's contract transaction fee, based on contract value, varies depending on type (e.g., USDT-margined futures incur a 0.02% fee).

Nov 26, 2024 at 09:24 pm

How to Calculate Poloniex Contract Transaction Fees

Poloniex is a cryptocurrency exchange that offers a variety of trading options, including spot trading, margin trading, and futures trading. When trading futures contracts on Poloniex, you will need to pay a transaction fee. The transaction fee is a percentage of the total value of the contract, and it is used to cover the costs of executing the trade.

The Poloniex contract transaction fee is calculated as follows:

Transaction fee = Total value of the contract * Transaction fee rate

The transaction fee rate varies depending on the type of contract being traded. The following table shows the transaction fee rates for different types of contracts:

Contract TypeTransaction Fee Rate
USDT-margined futures0.02%
Coin-margined futures0.05%
Perpetual futures0.06%

For example:

If you are trading a USDT-margined futures contract with a total value of $10,000, the transaction fee would be $0.02% * $10,000 = $2.

In addition to the transaction fee, you may also need to pay a funding fee. The funding fee is a small payment that is made by one party to the other party in a futures contract. The funding fee is used to ensure that the price of the futures contract remains close to the spot price of the underlying asset.

The funding fee is calculated as follows:

Funding fee = Funding rate Total value of the contract Number of days in the funding period

The funding rate is a variable that is set by Poloniex. The funding rate can be positive or negative, and it is typically expressed as an annualized percentage rate.

The number of days in the funding period is the number of days between the current date and the next funding date. The funding date is typically a Saturday or Sunday.

For example:

If the funding rate is 0.01% and the total value of the contract is $10,000, the funding fee for a one-day funding period would be 0.01% * $10,000 * 1 = $1.

The transaction fee and the funding fee are both important factors to consider when trading futures contracts on Poloniex. By understanding how these fees are calculated, you can make sure that you are not paying more than you need to.

Here are some additional tips for calculating Poloniex contract transaction fees:

  • Use a trading calculator. There are a number of online trading calculators that can help you calculate the transaction fee for a given trade.
  • Check the Poloniex fee schedule. Poloniex has a fee schedule that lists the transaction fee rates for different types of contracts.
  • Contact Poloniex support. If you have any questions about how to calculate Poloniex contract transaction fees, you can contact Poloniex support for assistance.

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 use the price slope to filter the false breakthrough signal of the contract?

How to use the price slope to filter the false breakthrough signal of the contract?

Jun 20,2025 at 06:56pm

Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...

How to determine the expected volatility of the contract through the volatility cone?

How to determine the expected volatility of the contract through the volatility cone?

Jun 19,2025 at 12:28pm

Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...

How to formulate a contract intraday trading plan in combination with the pivot point system?

How to formulate a contract intraday trading plan in combination with the pivot point system?

Jun 21,2025 at 03:42pm

Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...

How to adjust the contract position ratio through the price fluctuation entropy?

How to adjust the contract position ratio through the price fluctuation entropy?

Jun 22,2025 at 11:42am

Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...

How to use the volume swing indicator to predict the contract volume-price divergence?

How to use the volume swing indicator to predict the contract volume-price divergence?

Jun 18,2025 at 11:42pm

Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...

How to use the Gaussian channel to set the contract trend tracking stop loss?

How to use the Gaussian channel to set the contract trend tracking stop loss?

Jun 18,2025 at 09:21pm

Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...

How to use the price slope to filter the false breakthrough signal of the contract?

How to use the price slope to filter the false breakthrough signal of the contract?

Jun 20,2025 at 06:56pm

Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...

How to determine the expected volatility of the contract through the volatility cone?

How to determine the expected volatility of the contract through the volatility cone?

Jun 19,2025 at 12:28pm

Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...

How to formulate a contract intraday trading plan in combination with the pivot point system?

How to formulate a contract intraday trading plan in combination with the pivot point system?

Jun 21,2025 at 03:42pm

Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...

How to adjust the contract position ratio through the price fluctuation entropy?

How to adjust the contract position ratio through the price fluctuation entropy?

Jun 22,2025 at 11:42am

Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...

How to use the volume swing indicator to predict the contract volume-price divergence?

How to use the volume swing indicator to predict the contract volume-price divergence?

Jun 18,2025 at 11:42pm

Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...

How to use the Gaussian channel to set the contract trend tracking stop loss?

How to use the Gaussian channel to set the contract trend tracking stop loss?

Jun 18,2025 at 09:21pm

Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...

See all articles

User not found or password invalid

Your input is correct