Market Cap: $2.9752T 0.110%
Volume(24h): $87.602B 35.990%
Fear & Greed Index:

51 - Neutral

  • Market Cap: $2.9752T 0.110%
  • Volume(24h): $87.602B 35.990%
  • Fear & Greed Index:
  • Market Cap: $2.9752T 0.110%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to calculate contract fees on Dubai OKX

To calculate contract fees on Dubai OKX, users need to consider the maker and taker fee structure, which varies based on contract type and trading volume.

Oct 23, 2024 at 02:16 pm

How to Calculate Contract Fees on Dubai OKX

1. Understand the Fee Structure

Dubai OKX charges a maker and taker fee for all contract trades. The maker fee is a fee charged to users who add liquidity to the market by placing limit orders. The taker fee is charged to users who remove liquidity from the market by executing market orders.

The fee structure varies depending on the type of contract and the trading volume. Tiered fee structures apply, with lower fees for higher trading volumes.

2. Maker Fees

Maker fees are typically 0.02% to 0.05%, depending on the contract and trading volume.

3. Taker Fees

Taker fees are typically 0.06% to 0.10%, depending on the contract and trading volume.

4. Funding Fees

Funding fees are periodic payments made between long and short positions to ensure market equilibrium. These fees can be positive or negative, depending on market conditions. Funding rates are typically updated every 8 hours.

5. Calculation Example

Let's say you execute a 1 BTC perpetual swap with a taker fee of 0.08%. Your trade value is 1 BTC x $20,000 = $20,000.

  • Taker Fee: 0.08% x $20,000 = $16

6. Total Contract Fee

The total contract fee is the sum of the maker or taker fee, and any applicable funding fees. In the above example, the total contract fee would be $16.

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

What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?

What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?

Apr 29,2025 at 03:42pm

If you encounter a situation where the AVAX transaction on an exchange shows as failed, it can be frustrating and confusing. Understanding the common reasons behind this issue and knowing the steps to take can help you resolve the problem more effectively. In this article, we will explore the common reasons for AVAX transaction failures on exchanges and...

Why is my Coinbase withdrawal marked as suspicious? How to solve it?

Why is my Coinbase withdrawal marked as suspicious? How to solve it?

Apr 29,2025 at 02:49am

If you've encountered a situation where your Coinbase withdrawal is marked as suspicious, it can be both frustrating and confusing. Understanding why this happens and how to resolve it is crucial for a smooth experience with your cryptocurrency transactions. This article will delve into the reasons behind Coinbase marking withdrawals as suspicious and p...

How to avoid Coinbase deposits being frozen? What should I pay attention to?

How to avoid Coinbase deposits being frozen? What should I pay attention to?

Apr 27,2025 at 11:57pm

Understanding Coinbase Deposit FreezingCoinbase, one of the largest cryptocurrency exchanges, occasionally freezes deposits for various reasons. Understanding why your deposits might be frozen is crucial for preventing such occurrences. Common reasons include suspicious activity, account verification issues, or failure to comply with regulatory requirem...

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?

Apr 28,2025 at 05:57pm

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions? When it comes to managing your cryptocurrency, understanding the various methods of moving funds in and out of your accounts is crucial. One common question many users have is whether it's possible to withdraw funds from Coinbase directly to a credit card. In thi...

Why does Coinbase require me to rebind my bank account? Is it safe?

Why does Coinbase require me to rebind my bank account? Is it safe?

Apr 28,2025 at 12:07am

Why Does Coinbase Require Me to Rebind My Bank Account? Coinbase, one of the leading cryptocurrency exchanges, occasionally requires users to rebind their bank accounts. This process involves re-verifying and updating the connection between your Coinbase account and your bank account. The primary reasons for this requirement are to enhance security, com...

How much is the fee for withdrawing funds from Coinbase to a crypto wallet? How to save?

How much is the fee for withdrawing funds from Coinbase to a crypto wallet? How to save?

Apr 29,2025 at 12:42pm

When it comes to withdrawing funds from Coinbase to a personal crypto wallet, understanding the fees involved and strategies to minimize them is crucial. Coinbase, one of the most popular cryptocurrency exchanges, charges fees for transferring cryptocurrencies out of its platform. In this article, we will explore the specifics of these fees and provide ...

What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?

What should I do if the exchange shows that the AVAX transaction failed? What are the common reasons?

Apr 29,2025 at 03:42pm

If you encounter a situation where the AVAX transaction on an exchange shows as failed, it can be frustrating and confusing. Understanding the common reasons behind this issue and knowing the steps to take can help you resolve the problem more effectively. In this article, we will explore the common reasons for AVAX transaction failures on exchanges and...

Why is my Coinbase withdrawal marked as suspicious? How to solve it?

Why is my Coinbase withdrawal marked as suspicious? How to solve it?

Apr 29,2025 at 02:49am

If you've encountered a situation where your Coinbase withdrawal is marked as suspicious, it can be both frustrating and confusing. Understanding why this happens and how to resolve it is crucial for a smooth experience with your cryptocurrency transactions. This article will delve into the reasons behind Coinbase marking withdrawals as suspicious and p...

How to avoid Coinbase deposits being frozen? What should I pay attention to?

How to avoid Coinbase deposits being frozen? What should I pay attention to?

Apr 27,2025 at 11:57pm

Understanding Coinbase Deposit FreezingCoinbase, one of the largest cryptocurrency exchanges, occasionally freezes deposits for various reasons. Understanding why your deposits might be frozen is crucial for preventing such occurrences. Common reasons include suspicious activity, account verification issues, or failure to comply with regulatory requirem...

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions?

Apr 28,2025 at 05:57pm

Is it possible to withdraw funds from Coinbase to a credit card? What are the restrictions? When it comes to managing your cryptocurrency, understanding the various methods of moving funds in and out of your accounts is crucial. One common question many users have is whether it's possible to withdraw funds from Coinbase directly to a credit card. In thi...

Why does Coinbase require me to rebind my bank account? Is it safe?

Why does Coinbase require me to rebind my bank account? Is it safe?

Apr 28,2025 at 12:07am

Why Does Coinbase Require Me to Rebind My Bank Account? Coinbase, one of the leading cryptocurrency exchanges, occasionally requires users to rebind their bank accounts. This process involves re-verifying and updating the connection between your Coinbase account and your bank account. The primary reasons for this requirement are to enhance security, com...

How much is the fee for withdrawing funds from Coinbase to a crypto wallet? How to save?

How much is the fee for withdrawing funds from Coinbase to a crypto wallet? How to save?

Apr 29,2025 at 12:42pm

When it comes to withdrawing funds from Coinbase to a personal crypto wallet, understanding the fees involved and strategies to minimize them is crucial. Coinbase, one of the most popular cryptocurrency exchanges, charges fees for transferring cryptocurrencies out of its platform. In this article, we will explore the specifics of these fees and provide ...

See all articles

User not found or password invalid

Your input is correct