How does BitMEX calculate trading fees?

3 answers

• A2A SecurityApr 11, 2024 · a year ago
  Sure! BitMEX calculates trading fees based on a tiered system. The fee structure is determined by the user's trading volume over the past 30 days. The higher the trading volume, the lower the fee percentage. This encourages higher volume traders to continue using the platform. BitMEX charges both makers and takers, with makers receiving a rebate for providing liquidity to the order book. The fee percentage varies for different cryptocurrencies and contract types. It's important to note that BitMEX also charges funding fees for perpetual contracts, which are separate from the trading fees. Overall, BitMEX's fee structure is designed to incentivize liquidity provision and reward high volume traders.
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• Seif roboticsJan 27, 2025 · 7 months ago
  BitMEX calculates trading fees using a maker-taker model. Makers are traders who provide liquidity to the order book by placing limit orders that are not immediately matched with existing orders. Takers are traders who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with existing orders. Makers are charged a lower fee compared to takers, as they contribute to the overall market liquidity. The fee percentage varies depending on the trading volume and the specific cryptocurrency being traded. BitMEX's fee structure is transparent and can be found on their website for reference.
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• Jack JackAug 02, 2022 · 3 years ago
  BitMEX calculates trading fees based on a tiered system, which means that the fee percentage decreases as your trading volume increases. This incentivizes traders to trade more and provides benefits to high volume traders. The fee structure is different for makers and takers, with makers receiving a rebate for adding liquidity to the market. The fee percentage also varies depending on the specific cryptocurrency being traded. BitMEX's fee structure is competitive compared to other exchanges in the industry. It's important to note that BitMEX periodically reviews and adjusts their fee structure to ensure it remains fair and competitive.
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