Other fees for Binance perpetual contracts mainly include: transaction fees, funding rates Transaction Fees: Opening and closing positions are divided into placing orders and taking orders, that is, makers and takers Basic fee standards for mainstream platforms: maker (order placement): 0.02% Taker (market order): 0.05% Maker orders and taker orders, as long as they are not current price buy or sell, take profit or stop loss, are considered maker orders. To put it simply, manually inputting prices is considered a pending order, and those without setting prices are considered a taker order. Transaction fee = position value × fee rate For example: with a principal of 600U and a leverage of 100x, the position value is 60,000U (this is just an example, high leverage is not recommended)
The contract opening fee is too high, opening and closing 1 BTC costs 100 USDT, at least 100 USDT profit is needed to break even. If there is a rebate, most of it can be saved.
The contract trading fees are really high Calculate the fees in advance before opening, and determine how much profit is needed to actually make a profit But fortunately, the rebate can reduce the fees
A brother said that every day he only uses 100u to do contracts, and the daily transaction fee is about 40 to 50u, which is terrifying. High-frequency opening positions and a market price fee rate of 0.15% are indeed unbearable. Getting a rebate can save a large part of it.
Guide to enjoying fee rebates and cumulative discounts through binding the Binance invitation ID
In Binance trading, fees are a fixed expense that directly affects long-term returns By binding the invitation code and applying cumulative discounts, the maximum fee reduction in the first month can reach 45% (invitation code discount + BNB deduction) Spot trading Spot trading fee rate
The default unilateral fee rate for spot trading is 0.1% Basic rebate discount: fees can enjoy a permanent 20% Cumulative discount: enabling BNB deduction allows for a 25% deduction in spot trading The maximum fee reduction for spot trading can reach 45% Example: User purchases 10,000 USDT of Bitcoin spot Fee is 10000×0.1%=10 After applying the discounts, the actual fee expenditure is 5.5
Some brothers say, clearly making a profit, why did I still incur losses when closing the position? This brother might not know that trading incurs transaction fees. Contract trading has a fee of 0.02% for limit orders and 0.15% for market orders. Opening a $100 position with 100x leverage, the transaction fee for opening and closing at market price is $10, which accounts for 10% of the principal (this is just an example, high leverage is not recommended). At least a 10% profit is needed to be considered a true profit. Transaction fees are really important!!!#BTC
When making contracts, regardless of profits or losses, the transaction fee is a fixed expense There are always ways to reduce it In just one week, the trading fees reached over 31,700 u If there is a rebate, at least over 11,000 u can be saved
How many times leverage for perpetual contracts is not easy to be liquidated? | Focus on the actual leverage ratio | The relationship between leverage multiple and margin
Many beginners in contract trading When he sees the leverage multiple Will unconsciously pull the leverage multiple to the maximum, to 50 times or even 100 times
Actually, you may not know This small leverage multiple It is often a key point that determines the profit and loss of this trade or your entire trading career What leverage do you open for your liquidation risk to be the smallest? This involves two key points One is the leverage multiple shown by the exchange (usually defaults to 20 times) There is also the actual leverage ratio What is the leverage multiple shown by the exchange Click here on the leverage multiple