1. When Do Maker and Taker Fees Apply? What's the Difference Between Them?
A taker order occurs when you place a trade that immediately matches an existing order on the order book. Taker orders incur fees based on the taker fee rate.
A maker order happens when you place an order that rests on the order book at your specified price and quantity (e.g., limit orders that remain visible until matched). Maker orders are charged based on the maker fee rate.
Key Differences:
- Maker orders add liquidity to the market by increasing order book depth
- Taker orders remove liquidity by matching existing orders
- Maker fees are typically lower than taker fees to incentivize liquidity providers
2. How Can I Check My Current Fee Rate and Rates for Other Tiers?
You can view your fee structure through these methods:
Web Platform:
- Log in to your account
- Navigate to "My Trading Fee" page
Review "My Fee Tier" for:
- Your current tier level
- Fee rates for all trading instruments and pairs
Mobile App:
- Go to User Center > Profile & Settings > Profile
- Select "Trading Fee Tier"
- Check "My Fee Tier" for complete fee details
๐ Discover how to optimize your fee tier
3. How Do I Check Fee Rates for Specific Trading Pairs?
Method 1: Trading Page
- Visit our trading platform
- Search for your desired trading pair
- View current maker/taker rates in the "Fee" section of the order book
Method 2: Fee Regulations
- Log in to your account
- Go to "Trading" section
- Select "More" > "Fee Regulations"
- Review tier information and current pair rates
4. How Can I Review Fees for Previous Orders?
Web Interface:
- Access Order History
- Locate your completed orders
- View applied fees in the transaction details
For fee calculation details:
- Click "Details"
- Hover over the "Fee" section
Mobile App:
- Go to Order Center
- Select Order History
- Check fee amounts for each completed order
5. How Is My Trading Fee Tier Determined?
Your tier is calculated based on the highest qualification achieved across these metrics:
| Metric | Calculation Period |
|---|---|
| Asset Value | Real-time snapshot |
| Spot Trading Volume | 30-day rolling |
| Futures Volume | 30-day rolling |
| Options Volume | 30-day rolling |
| Spread Volume | 30-day rolling |
| OKB Holdings | Real-time |
Example Scenario:
- Spot Volume: VIP 2 ($10M/30d)
- Futures Volume: VIP 3 ($200M/30d)
- Options Volume: VIP 1 ($5M/30d)
- Spread Volume: VIP 2 ($150M/30d)
- Assets: VIP 4 ($5M)
Result: You qualify for VIP 4 across all instruments.
6. How Are Trading Fees Calculated?
Fee Calculation by Instrument:
| Instrument | Formula | Example |
|---|---|---|
| Spot/Margin | Fee Rate ร Crypto Amount Traded | 0.1% ร 1 BTC = 0.001 BTC |
| USDT Futures | Fee Rate ร (Contracts ร Multiplier ร Contract Size ร Execution Price) | 0.05% ร (100 ร 1 ร 0.01 ร $20,000) = $10 |
| Crypto Futures | Fee Rate ร (Contracts ร Multiplier ร Nominal Value / Execution Price) | 0.05% ร (100 ร 1 ร 100 / $20,000) = 0.00025 BTC |
| Options | Min(Fee Rate ร Multiplier ร Contract Size ร Contracts, 12.5% ร Premium ร Multiplier ร Contract Size ร Contracts) | Min(0.03% ร 0.01 ร 1 ร 100, 12.5% ร 0.05 ร 0.01 ร 1 ร 100) = 0.0003 BTC |
| Spread | 50% of standard order book fee rate | Varies by pair |
๐ Learn advanced fee calculation strategies
7. What's the Difference Between Opening and Closing Futures Fees?
No distinction exists between opening and closing position fees. All fees are:
- Calculated at order execution
- Based on order size
- Classified as maker or taker rates
8. Are Liquidation Fees Charged?
Yes, forced liquidations incur:
- Taker fee rate based on your current tier
- Calculated on liquidation order size
9. Why Does Floating PnL Differ From Realized PnL?
For Futures/Options:
Realized PnL = Floating Profit - Opening Fee - Closing Fee - Funding Fees
Example:
- Floating Profit: $15
- Opening Fee: -$4
- Closing Fee: -$5
- Funding Fee: -$1
- Realized PnL: $5 ($15 - $4 - $5 - $1)
For Margin Trading:
Floating and Realized PnL remain identical as only closed PnL is recorded.
10. Why Do Order PnL and Position PnL Discrepancies Occur?
Futures/Options:
Order History shows:
- Closed profit only
Position History includes:
- Closed profit
- Trading fees (opening + closing)
- Funding fees
Margin Trading:
Both histories show identical PnL as only closed profits are recorded.
FAQ Section
Q1: How often are fee tiers updated?
A: Tier evaluations occur daily at 00:00 UTC for next-day trading.
Q2: Can fee rates be negative?
A: Yes, negative maker rates mean rebates (you earn when providing liquidity).
Q3: Where can I view my cumulative trading volume?
A: Check "Asset" > "Statistics" page for 30-day volume metrics.
Q4: Do OKB holdings affect all fee tiers?
A: Yes, holding OKB improves your tier across all trading products.
Q5: How are spread fees different?
A: Spread trades enjoy 50% fee reduction compared to standard order book rates.
Q6: What happens during fee promotions?
A: Promotional rates override standard rates temporarily - check announcements.
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