What is the okex contract handling fee?

The handling fees for OKEx contract transactions vary depending on the contract type: 0.02%~0.05% for perpetual contracts, 0.025%~0.075% for quarterly contracts, and 0.03%~0.1% for quarterly delivery contracts. The fee for going long (buying a contract) is the same as the fee for going short (selling a contract), plus 0.015%. Other fees include funding fees, delivery fees and platform service fees, which traders should carefully consider based on their trading strategy.

OKEx Contract Fee

OKEx Contract trading is a type of financial derivatives transaction that allows traders to bet on the future price of the underlying asset. The platform charges handling fees for contract transactions, and the specific rates vary depending on the contract type and transaction direction.

Contract type handling fee

• Perpetual contract: 0.02%~0.05%
• Quarterly contract: 0.025%~0.075%
• Quarterly delivery contract: 0.03%~0.1%

Trading direction handling fee

• Do Long (buy contract): The handling fee depends on the contract type and trading direction
• Short (sell contract): The long handling fee of the same contract type plus 0.015%

Example

Assume the trader does 100 more ETH perpetual contracts, with a contract value of $10,000. The handling fee is calculated as follows:

• Handling rate: 0.05%
• Contract value: 10,000 USD
• Handling fee: 10,000 USD Other fees may be involved, such as:

Funding fee: interest fee or income generated when holding the perpetual contract overnight

Delivery fee: additional fee when settling the quarterly delivery contract

Platform service fee: used to pay the platform Operating Costs
• Understanding OKEx contract fees is crucial as it affects traders’ profits. Traders should carefully consider these fees based on their trading strategy and risk tolerance.

The above is the detailed content of What is the okex contract handling fee?. For more information, please follow other related articles on the PHP Chinese website!