What is the transaction fee of Huobi perpetual contracts?

Huobi's tier-based fee structure incentivizes high-volume traders with reduced transaction fees for executing perpetual contract orders, ranging from 0.05% for takers to 0.005% for VIP 3 market makers.

Oct 22, 2024 at 03:23 am

Huobi Perpetual Contracts Transaction Fee Structure

Huobi Global charges traders transaction fees for executing perpetual contract orders. These fees facilitate the smooth functioning of the platform and compensate Huobi for providing liquidity and market-making services. Traders should carefully consider these fees when planning their trading strategies to optimize their profits.

Tier-Based Fee Structure

Huobi employs a tier-based fee structure, whereby different tiers of traders are charged different transaction fees. The tiers are based on the 30-day trading volume of a trader. As traders accumulate more trading volume, they move up the tiers, earning access to lower transaction fees.

Perpetual Contract Transaction Fees

The transaction fee charged on perpetual contracts depends on the underlying asset of the contract. For most perpetual contracts, the following fee structure applies:

1. Maker Fee: 0.02% of the contract value (Volume ≥ 2 BTC within 30 days)
2. Taker Fee: 0.05% of the contract value (Volume ≥ 2 BTC within 30 days)
3. VIP 1: 0.04% Taker Fee, 0.01% Maker Fee (Volume ≥ 2,000 BTC within 30 days)
4. VIP 2: 0.03% Taker Fee, 0.008% Maker Fee (Volume ≥ 10,000 BTC within 30 days)
5. VIP 3: 0.02% Taker Fee, 0.005% Maker Fee (Volume ≥ 50,000 BTC within 30 days)
6. Market Maker: Negotiable fees depending on the liquidity provided by the trader

Additional Fees

In addition to the transaction fees, traders may also incur other fees while trading perpetual contracts on Huobi, including:

1. Funding Fee: A recurring fee charged or paid to traders based on the funding rate of the contract (Applicable to certain perpetual contracts)
2. Withdrawal Fee: A fee charged for withdrawing funds from a Huobi account
3. Other Fees: Fees related to account management, inactivity, or other operational activities

Tips for Minimizing Transaction Fees

Traders can minimize their transaction fees on Huobi perpetual contracts by:

1. Accumulating trading volume to move up the tier structure
2. Executing limit orders as a market maker (lower maker fee)
3. Consolidating orders into larger trades
4. Avoiding frequent order cancellations or amendments