Provides a ranking list of currency contract trading platform fees

Contract transactions involve different types of handling fees, including taker fees (charged when the order is immediately executed), pending order fees (charged when the order matches an existing market order), and liquidation fees ( (charged when a position is closed) and position fees (paid or charged when a position is held overnight). The table provides fee rankings from multiple futures trading platforms (such as Binance, OKX, and Huobi), showing their taker fee, pending order fee, closing fee, and position fee rates. Contract trading platforms vary in terms of fees, trading pair selection, leverage levels and liquidity. These factors, along with other factors such as security, reputation, and customer support, should be considered when choosing a platform.

Contract transaction fee type

• Maker Fee: Collected when a trade order is immediately executed in the market.
• Taker Fee: Charged when a trading order matches an existing market order.
• Close Fee: It is charged when a position is closed and usually has nothing to do with the profit or loss after closing the position.
• Funding Fee: A fee paid to or collected from the funding provider when a position is held overnight.

Contract trading platform handling fee ranking list

Ranking	Platform	Take order handling fee	Place order handling fee	Close position handling fee	Position fee	Trading pair
1	Binance	Highest 0.02%	Max 0.04%	None	Based on currency and funding rate	500
2	OKX	Max 0.03%	Max 0.06%	None	Based on currency and funding rate	450
3	Huobi	Highest 0.025%	Max 0.05%	None	Based on currency and funding rate	400
4	Paiwang	Up to 0.015%	Up to 0.03%	None	Based on currency and funding rate	350
5	Gate.io	Up to 0.02%	Up to 0.04%	None	Based on currency and funding rate	250
6	Bybit	Highest 0.01%	Maximum 0.03%	None	Depends on the different types of position contracts and funding rates	200
7	Deribit	Max 0.01%	Max 0.03%	None	Based on currency and funding rate	150
8	BitMEX	Highest 0.0075%	Max 0.025%	None	Based on currency and funding rate	100

Things to note when choosing a contract trading platform

• Transaction fees: Consider the fee structures and rates of different platforms.
• Trading pair selection: Evaluate the trading pairs of mainstream and niche currencies provided by the platform.
• Leverage: Understand the leverage levels and risk management measures offered by each platform.
• Liquidity: High liquidity platform helps execute large trades and reduce slippage.
• Security: Choose a platform with a good security record and safeguards.

FAQ

Why are there handling fees for contract transactions?

• The handling fee compensates the platform for the cost of providing trading infrastructure, clearing services and other functions to users.

How to reduce contract transaction fees?

• Use a platform that offers low fees.
• Hold the platform’s native tokens, usually with discounts on handling fees.
• Become an active trader and you can usually earn tiered fees.

How is the closing fee calculated?

• Closing fees are usually charged as a percentage of trading volume or contract value. Rates vary by platform and contract type.

How to optimize position fees?

• Predict the direction of position fees based on market conditions and hold reverse positions.
• Take advantage of perpetual contracts as their position fees are zero.

Why choose Binance as a contract trading platform?

• Binance is the largest cryptocurrency trading platform with a wide range of trading pairs and high liquidity.
• Binance offers the most competitive trading fees and tiered fee structure in the industry.
• Binance has comprehensive risk management tools, including stop-loss and position modes.

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