How to Calculate Futures Trading Fees and Track Funding Costs

Summary

The document explains how futures transaction fees depend on order value, the fee rate, and whether an order adds or removes liquidity. It defines makers as orders that rest before execution and takers as orders that execute against existing orders, then gives an example in which the maker rate is lower than the taker rate. It also notes that fee rates can vary with product type and VIP status, so the example rates should not be treated as universal or current.

Fees are charged when positions open and close, with order value calculated from quantity multiplied by price. The article distinguishes these trading fees from perpetual-futures funding payments, which pass between long and short positions at scheduled times when a trader holds a position. It describes how opening margin may account for estimated fees and funding, and where traders can inspect fee records and transaction details. The guide is specific to Bitget’s interface and rules; traders should confirm applicable rates and product terms before estimating costs.

Key ideas

• Futures transaction fees are calculated as order value multiplied by the applicable fee rate.
• Maker orders add liquidity by resting on the book, while taker orders consume available liquidity.
• The example shows a lower maker rate than taker rate, but actual rates depend on product and VIP status.
• Opening and closing a position both incur transaction fees.
• Perpetual funding payments are separate from exchange transaction fees and apply only to positions held at funding times.
• Exchange records can help reconcile fee amounts, though the displayed details differ by page.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.