BitForex Perpetual Contract Trading Commission

in comission •  5 years ago 

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A perpetual contract trading commission is only taken at the moment of filling in the order. The commission is indicated in the Position folder in the PNL column.

Realized PNL = Commission + Unrealized PNL

The commission is determined in the cryptocurrency that is relevant to the order. For example, the commission for a BTC/USD perpetual contract should be paid in BTC.

Commission = (Quantity of Contracts × Rate or Average Exit Price) × Commission Rate

The commission for trading different types of contracts are outlined in the table below.

TypeMax. LeverageTaker CommissionMaker Commission
BTC/USD100x0.06%0.04%
ETH/USD100x0.06%0.04%
LTC/USD100x0.06%0.04%
XRP/USD25x0.06%0.04%
GRIN/USD10x0.06%- 0

Maker commission is paid when the users that raise liquidity place low-priced buy orders and overpriced sell orders.

Taker commission is paid when the market depth increases, and the trade commission is taken via the placement of a variable order (taker).

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