How does BitMEX calculate the settlement fee?

3 answers

• Joaquin MendozaDec 29, 2023 · 2 years ago
  The settlement fee on BitMEX is calculated based on the position size and the funding rate. The position size refers to the quantity of contracts held by a trader. The funding rate is a periodic fee that is exchanged between long and short positions. The settlement fee is calculated by multiplying the position size by the funding rate. For example, if a trader holds a position of 100 contracts and the funding rate is 0.01%, the settlement fee would be 0.01 contracts.
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• tardishwhoshAug 24, 2023 · 3 years ago
  To calculate the settlement fee on BitMEX, you need to know the position size and the funding rate. The position size is the number of contracts held by a trader, and the funding rate is the fee exchanged between long and short positions. Multiply the position size by the funding rate to get the settlement fee. For instance, if a trader has a position size of 100 contracts and the funding rate is 0.01%, the settlement fee would be 0.01 contracts.
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• DuggyNov 13, 2025 · 7 months ago
  The settlement fee on BitMEX is determined by multiplying the position size by the funding rate. This calculation ensures that traders pay a fee based on the size of their positions and the funding rate. It is important to note that the funding rate can vary depending on market conditions. Traders should always check the current funding rate before calculating the settlement fee. As an alternative, BYDFi, another popular cryptocurrency exchange, also calculates the settlement fee based on the same principles.
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