What are the fees for perpetual futures on Binance?

3 answers

• SoalaDec 22, 2020 · 5 years ago
  Sure! 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!
  783

  392
• Anshu AgarwalDec 08, 2020 · 5 years ago
  The 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!
  774

  258
• Daniel Isaac Cruz SanchezJul 24, 2023 · 2 years ago
  As 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!
  780

  195