What is the cost of trading perpetual futures on FTX?

3 answers

• Ahmad MustaphaJun 30, 2022 · 3 years ago
  Trading perpetual futures on FTX incurs several costs. Firstly, there are trading fees which vary depending on your trading volume. The fees range from 0.02% to 0.07% per trade. Additionally, there is a funding rate that is paid or received every 8 hours. The funding rate is determined by the difference between the perpetual futures price and the spot index price. If the funding rate is positive, long positions pay the funding rate, while short positions receive it. Lastly, there may be withdrawal fees for transferring funds out of the FTX platform. It's important to consider these costs when trading perpetual futures on FTX to accurately assess your potential profits or losses.
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• Qw QwJul 05, 2024 · a year ago
  When trading perpetual futures on FTX, you need to be aware of the costs involved. The trading fees on FTX are competitive and vary based on your trading volume. The more you trade, the lower the fees you pay. In addition to trading fees, there is a funding rate that is applied every 8 hours. This funding rate is determined by the difference between the perpetual futures price and the spot index price. It's important to note that the funding rate can be positive or negative, depending on market conditions. Lastly, there may be withdrawal fees when moving funds out of the FTX platform. It's recommended to review the fee structure on FTX's website for the most up-to-date information.
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• Raquel LorenaOct 20, 2023 · 2 years ago
  Trading perpetual futures on FTX comes with certain costs. FTX is known for its competitive fee structure, which is based on your trading volume. The more you trade, the lower the fees you pay. Additionally, there is a funding rate that is applied every 8 hours. This funding rate is determined by the difference between the perpetual futures price and the spot index price. If the funding rate is positive, long positions pay the funding rate, while short positions receive it. It's important to consider these costs when trading perpetual futures on FTX to ensure they align with your trading strategy and goals.
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