For those who don't know:
Futures fee calculation formula from x1 to x125 on binace
Fees for using futures on Binance can be calculated based on the following factors: Trading Fees: This fee depends on whether you are a market maker or taker. Leverage: The leverage level you use is from x1 to x125. Formula for calculating Futures trading fees on Binance:
Maker and Taker Fees:
Maker Fee: Fee when you place an order to create liquidity for the order book.
Taker Fee: Fee when you place an order that immediately matches an existing order on the order book.
This fee varies depending on your VIP level on Binance.
For example,
For normal users (VIP 0), the fee is usually:
Maker Fee: 0.02%
Taker Fee: 0.04%
Calculate the cost:Maker Fee: 𝑖𝑎ˊ𝑡𝑟e𝑔𝑖𝑎𝑜𝑑e𝑐ℎ𝑥𝑇𝑎𝑘𝑒𝑟𝐹𝑒𝑒ValuexTakerFee
Leverage: Using leverage will increase the value of your position but does not directly affect trading fees.
For example:
Suppose you open a position with a value of $10,000 and use x10 leverage (your capital is $1,000):
Maker Fee:10,000×0.02%=2 USD10,000×0.02%=2 USD
Taker Fee:10,000×0.04%=4 USD10,000×0.04%=4 USD
