What are the fees for trading derivatives on FTX US?
Shiven ChandraDec 17, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees associated with trading derivatives on FTX US? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.
1 answers
- Dec 17, 2021 · 3 years agoWhen it comes to trading derivatives on FTX US, there are a few fees you should be aware of. The taker fee, which is charged when you remove liquidity, starts at 0.07% and can be reduced based on your trading volume. On the other hand, the maker fee, which is charged when you add liquidity, starts at -0.02% and can also be reduced based on your trading volume. Additionally, there may be funding fees for perpetual contracts, which are charged every 8 hours. These fees are determined by the funding rate and can be positive or negative. It's important to note that FTX US offers a fee discount program called FTT staking, where you can stake FTT tokens to reduce your trading fees. The more FTT tokens you stake, the higher the fee discount you can enjoy. Overall, FTX US provides competitive fee structures for trading derivatives.
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