edgeX Perpetuals Trading Fee Structure & Fee Calculations

Updated on

Currently, the Perpetuals trading fee structure on edgeX is as follows. 

 

VIP Tier 14-Day Trading Volume Perpetuals Maker/Taker Spot Maker/Taker
Non-VIP < $10,000,000 0.018% / 0.038% 0.040% / 0.070%
VIP 1 >= $10,000,000 0.015% / 0.036% 0.035% / 0.060%
VIP 2 >= $25,000,000 0.012% / 0.034% 0.030% / 0.050%
VIP 3 >= $100,000,000 0.008% / 0.030% 0.025% / 0.040%
VIP 4 >= $500,000,000 0.004% / 0.028% 0.020% / 0.035%
VIP 5 >= $2,000,000,000 0.002% / 0.026% 0.010% / 0.030%
VIP 6 >= $7,000,000,000 0.000% / 0.024% 0.000% / 0.025%

 


Different VIP tiers are subject to varying fees. Please refer to the VIP page

 


 

What Do "Maker" and "Taker" Mean?

Taker

When you place an order that trades immediately before going on the order book, either filling partially or fully, those trades will be "taker" trades.

Trades from market orders are always Takers, as market orders can never go on the order book. These trades are "taking" volume off of the order book, and therefore called the "taker."

Maker

When you place an order that goes on the order book partially or fully, such as a limit order, any subsequent trades coming from that order will be as a “maker.”

These orders add volume to the order book, helping to "make the market," and are therefore termed the "maker" for any subsequent trades.

Heads up: A limit order may not always qualify for Maker fees. If your limit price is better than the market price, it will execute as a Taker.

 


 

How to calculate the commission of USD-margined contract?

Commission Fee = Notional Value * Fee Rate

Notional Value = Number of Contracts * Trade Price

For example, regular user's maker commission: 0.012%; taker commission: 0.038%

Buy 1 BTC worth of BTCUSD contract using a market order:

Notional Value = Number of Contracts * Opening Price

= 1 BTC * 10,104

= 10,104

Taker commission fee is paid: 10,104 * 0.038% = 3.839 USD

After the price rises, Sell 1 BTC worth of BTCUSD contract using a limit order:

Notional Value = Number of Contracts * Closing Price

= 1 BTC * 11,104

= 11,104

Maker commission fee is paid: 11,104 * 0.012% = 1.212 USD

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